Business

The upcoming liberalization of the electricity market for all non-household consumers is a continuation of the process of changing the electricity market in Bulgaria, which started in 2004. The aim is to provide a real choice for consumers of new development opportunities through competitive prices, a high standard of services, security of supply and sustainable development regulated by natural market mechanisms. Information about the process is reported by the electricity distribution company for North-Eastern Bulgaria Energo-Pro.

Medium-sized enterprises affected by the COVID-19 pandemic will have the opportunity to apply for a grant under the Operational Program "Innovation and Competitiveness". The total amount of assistance under the procedure is BGN 200 million, and each project can be worth between BGN 30,000 and BGN 100,000.

Employers and self-insured persons from the "Transport", "Hotel and Restaurant" and "Tourism" sectors, whose income has decreased by no less than 20% for a certain period, will be able to receive compensation in the amount of BGN 290 per month for preservation of the employment of workers and employees. This was decided by the government by approving the terms and conditions for the payment of compensation in the enterprises directly affected by the restrictive measures to combat the coronavirus epidemic.

Today, June 23, Ruse Chamber of Commerce and Industry welcomed the Ambassador of the Republic of Ireland to Bulgaria - H.E. Michael Forbes. He met with the executive director of the Chamber, Milen Dobrev, with whom they discussed opportunities and ideas for business cooperation.

For the fifth year in a row, the Bulgarian entrepreneurial ecosystem will have the opportunity to compete with the most successful start-up companies in the Central and Eastern Europe region. The Central European Startup Awards (CESA) event aims to connect the businesses and ideas of entrepreneurs from Austria, Bulgaria, the Czech Republic, Croatia, Hungary, Poland, Romania, Serbia, Slovakia and Slovenia. The initiative this year is organized by the Bulgarian Startup Association (BESCO).

Today, May 22, Ruse Chamber of Commerce and Industry welcomed a delegation from the Embassy of the Islamic Republic of Pakistan. The guests in Ruse were the temporary managing director of the embassy, Mr. Marwan Ayyash, Mr. Akram Khan - administrative coordinator, Mrs. Madlena Ivanova - secretary, and Prof. Dr. Blagovest Belev - a long-time employee of the embassy.

The managing body of the Operational Program "Innovations and Competitiveness" 2014-2020 (OPIC MA) plans to announce on May 11, 2020 a procedure for the selection of projects "Supporting micro and small enterprises to overcome the economic consequences of the COVID-19 pandemic ".