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Saturday | July 11 | 2020

Money Buzz! Sofia

Bulgaria enters the waiting room for the eurozone and the banking union

The European Central Bank included the Bulgarian lev in the Exchange Rate Mechanism (ERM II). The central rate...

LATEST

In May 2020, in a state of emergency and the ensuing epidemic situation, 1.103 accommodation establishments - hotels, motels, camping sites,...
The European Investment Bank (EIB), funded by the European Investment Advisory Hub (EIAH), will provide support to the Municipality of Burgas...
In the first quarter of 2020 there were 3.107.2 thousand employed persons aged 15 years and over, of whom 1.667.1 thousand...
The first Pepco stores in Bulgaria have opened their doors on 15th March in two locations in Plovdiv.
Fibank (First Investment Bank) successfully increased its share capital. Today, the subscribed shares from the new issue were fully paid up.

BALANCE SHEET

Bulgarian StorPool Storage announces over 40% growth in H1 2020 compared with the same period in 2019. At the...
TBI Bank’s net profit increased by 58% to a company record high of EUR 22.9 million, the Bank’s audited consolidated results for...

THE NUMBER

2
million people work in Bulgarian service sector

30.1% of Bulgarian enterprises carried out an innovation activity

During the period 2016 - 2018 30.1% of the enterprises with 10 or more persons employed carried out an innovation activity, latest...

Bulgarians made 83.3% of total travels only within the country in Q1 2020

In the first quarter of 2020, 490.7 thousand Bulgarian residents made tourist trips. The majority (83.3%) of them travelled only within the...

StorPool Storage announces 40% YoY growth in H1 2020

Bulgarian StorPool Storage announces over 40% growth in H1 2020 compared with the same period in 2019. At the...

Sunny Beach is the cheapest holiday destination in the world

Sunny Beach, Bulgaria is cheapest of 42 destinations surveyed by Post Office Travel Money research for the third consecutive year, with Marmaris, Turkey...

Hourly labour cost in Bulgaria rose by 10.2% in Q1 2020

Latest National Statistical Institute data show that the total hourly labour cost rose by 10.2% compared to the first quarter of 2019....

Price of the agricultural land transactions in Bulgaria in 2019

The average price per one decar arable land reached BGN 1053 in 2019, which was 7.4% higher than in 2018; Bulgarian National...
Politecnico di Milano, ranking 137, with 37.226 students registered is the first university in CEE, followed by University of Vienna, 45.623 students,...
Commerzbank will lease over 3,500 sq m GLA of office space starting on 1st December 2020. Advance Business Center II is under construction phase...
In April 2020 only 506 accommodation establishments - hotels, motels, camping sites, mountain chalets and other establishments for short-term accommodation with more...
According to World Bank forecasts, the global economy will shrink by 5.2% this year.  That would represent the deepest...
Wizz Air announced new routes, Sofia - Frankfurt and Varna - Prague, starting on July 17, 2020. This flights...

Meridiam and Munich Airport awarded concession of Sofia Airport

The Supreme Administrative Court of Bulgaria upheld the decision of the Commission for Protection of Competition of 14 November 2019 confirming the...
TBI Bank’s net profit increased by 58% to a company record high of EUR 22.9 million, the Bank’s audited consolidated results for...
In April 2020, the collapse of the trips of Bulgarian citizens abroad and the visits of foreigners to Bulgaria continued due to...
In May 2020, the National Statistical Institute of Bulgaria has continued the monthly inquiry survey of the managers of accommodation establishments to...
Over the last few weeks, in the context of easing of restrictions imposed by the coronavirus pandemic, a large proportion of retailers...
The annual average inflation in Bulgaria, measured by CPI (consumer price index), in the last 12 months (May 2019 - April 2020)...

Almost 2 million people work in Bulgarian service sector

In the first quarter of 2020 there were 3 107.2 thousand employed persons aged 15 years and over, of whom 1 667.1...
Gross Domestic Product (GDP) expanded with 2.4% in the first quarter of 2020 compared to the same quarter of the previous year...
The total income average per household member during the first quarter of 2020 is 1.712 BGN and increases by 12.7% compared to the...
Life expectancy at birth of the Bulgarian population calculated for the period 2017 - 2019 is 74.9 years. Compared to the previous...
According to preliminary data of the National Statistical Institute of Bulgaria in the first quarter of 2020 the number of newly built...
In the conditions of COVID-19, consumers have become more rational and more price sensitive. 41% go to the store only once a week,...

THE BUZZ

Fibank launched the first open banking platform in Bulgaria

First Investment Bank (Fibank) customers will be the first to benefit from the advantages of open banking, developed in compliance with the Payment...

First Investment Bank (Fibank) will issue 25 million new shares

Each of the new shares will have a nominal value of BGN 1 and an issue value of BGN 8.

StorPool Storage announces 40% YoY growth in H1 2020

Bulgarian StorPool Storage announces over 40% growth in H1 2020 compared with the same period in 2019. At the...

MOST READ
TOP 5

TBI Bank’s net profit increased by 58% to a company record high of EUR 22.9 million, the Bank’s audited consolidated results for...
The Supreme Administrative Court of Bulgaria upheld the decision of the Commission for Protection of Competition of 14 November 2019 confirming the...
AppGreat, a Sofia based provider of advanced IT solutions, announced that it joined the Google Cloud Partner Program after meeting all the requirements...
In April 2020 only 506 accommodation establishments - hotels, motels, camping sites, mountain chalets and other establishments for short-term accommodation with more...
Each of the new shares will have a nominal value of BGN 1 and an issue value of BGN 8.