With the development of technologies, the business environment is changing at an extraordinary speed, and digitization is being established as a leading factor for the success of enterprises. One of the most innovative and influential tools in this transformation is the Internet of Things (IoT). This technology creates new opportunities to collect and analyze data, optimize business operations and build new…
The car industry in the European Union is in a difficult situation after sales of new cars and especially electric vehicles (EVs) fell sharply in August 2024. This sudden drop has led the leading representatives of the sector to call for urgent action by politicians , to prevent a bigger crisis in the industry and…
The Rousse Chamber of Commerce and Industry informs the business community in the region that Fitch Ratings has confirmed Bulgaria's long-term credit rating in foreign currency at the 'BBB' level with a positive outlook. This is key news for businesses, especially those operating in an international environment, as credit rating stability has a significant impact on the investment climate and confidence in the economy….
On October 15, 2024, the large-scale youth job fair "Career Horizons" was held at the Kanev Center of the Rousseau University "Angel Kanchev". The event, jointly organized by the University's Career Development Center, the Directorate of Labor Bureau - Ruse and the Ruse Chamber of Commerce and Industry (RTIK), provided a useful platform for direct contact between more than 50 employers and hundreds of…
The current economic situation in Germany has a serious impact on business in the country, and at the same time it has an impact on companies in Bulgaria, especially those that have ties to the German market. According to the latest data presented in Dirk Kaufmann's DW article, the German economy is on track to enter recession for the second consecutive year,…
Digital transformation has become a major driver of change for businesses on a global scale. One of the key elements of this process is the concept of digital supply chains (Supply Chain, SC), which is changing the way companies manage their operations. At the heart of these innovations are technologies such as the Internet of Things (IoT), automated guided vehicles…
In 2023, the revenues of Bulgarian companies marked their first decline in the last decade, with total revenues decreasing by 0.95% to BGN 607.9 billion. Data presented by the National Revenue Agency (NAA) show that total accounting profit also decreased by 1.72%, reaching BGN 54.6 billion. Despite these negative trends, key sectors such as trade and processing...
Between October 1 and 4, 2024, in Inter Expo Center, Sofia, the 15th edition of MachTech & InnoTech Expo is being held - a leading exhibition for mechanical engineering, industrial automation and new technologies in Bulgaria. This year, the event gathers over 170 exhibitors from 12 countries, representing more than 350 global brands. Among them are several innovative…
The Rousse Chamber of Commerce and Industry reminds all manufacturing enterprises that they still have two weeks to submit their applications for participation in the third edition of the "Factory of the Year" competition, organized by "Capital". The aim of the initiative is to recognize the most innovative and sustainable manufacturing companies in Bulgaria. The deadline for submitting documents is October 15, 2024, and…
In recent years, the topic of the minimum wage (MW) has caused significant discussions among businesses and society in Bulgaria. With the planned increase of 15.41 TP3T in 2025, the remuneration will reach BGN 1,077, which poses a number of challenges for enterprises in the Ruse region and the entire country. Many companies, especially those in labor-intensive sectors, are struggling…
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