"Career Horizons" Connected Young Talents with Leading Employers in the Ruse Region
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"Career Horizons" Connected Young Talents with Leading Employers in the Ruse Region

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 German Economic Crisis and The Consequences for Companies in Ruse and The Region (1)
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The German Economic Crisis and The Consequences for Companies in Ruse and The Region

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,…

How Digital Supply Chains Are Transforming Business A Look at Innovations
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How Digital Supply Chains Are Transforming Business: A Look at Innovations

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…

Economic Results of Bulgarian Companies in 2023 Trade and Manufacturing Industries Remain Key Sectors
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Economic Results of Bulgarian Companies in 2023: Trade and Manufacturing Industries Remain Key Sectors

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...

Ruse Companies Showcase High-Tech Solutions at MachTech Expo 2024
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Ruse Companies Showcase High-Tech Solutions at MachTech & InnoTech Expo 2024

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…

Factory of the Year 2024 Contest Don't Miss the October 15 Deadline
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"Factory of the Year 2024" Contest: Don’t Miss the October 15 Deadline

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…

The Minimum Wage Too Low for Employees, Unaffordable for Companies
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Impact of the Minimum Wage Increase on Businesses in Ruse and the Region

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…

What Products Did Bulgaria Export in 2023 Focus on Russia
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What Products Did Bulgaria Export in 2023: Focus on Ruse

In 2023, Bulgaria's exports fell by 6.51 TP3T, reaching a value of BGN 86.9 billion, according to data from the National Statistical Institute (NSI). Despite this drop, exports are about BGN 18 billion more than in 2021 and have grown by nearly 50% over the last five years. For enterprises in Ruse and the region,...

The Invest in Ruse Initiative Visit to Steiner Elektronik Ltd. and Strengthening of Ties Between Business and Local Government
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Invest in Ruse: Discussion of Future Projects with Steiner Elektronik Ltd

Within the framework of the "Invest in Ruse" initiative, the Deputy Mayor for International Programs and Projects, Investments and Property Zlatomyra Stefanova and the Executive Director of the Ruse Chamber of Commerce and Industry (RTIK) Milen Dobrev visited "Steiner Electronic" EOOD. This visit is part of the strategic efforts of Ruse Municipality and RTIK to encourage investments and improve cooperation with leading local enterprises....

Bulgarian Industry in Slow Motion Impact on the Ruse Region
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Bulgarian Industry in Slow Motion: Impact on The Ruse Region

In recent months, the Bulgarian industry has reported a decline in production and exports, the main reason for this being the economic stagnation in Europe, and especially in Germany - a leading partner for many Bulgarian companies. For the Ruse region, which is an industrial center with key sectors such as mechanical engineering, electronics and component manufacturing, these trends also have their impact...

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