A new Eurobarometer survey published by the European Commission earlier this month reveals alarming data on the readiness of Bulgarian small and medium-sized enterprises to combat climate change. While in the EU more and more companies are turning sustainability into a competitive advantage and taking steps to reduce their carbon footprint, Bulgarian SMEs are still lagging behind in the green…
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….
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,…
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...
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…
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,...
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....
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...
The Rousse Chamber of Commerce and Industry is pleased to invite all members and business partners to participate in the Eurochambres Economic Survey 2025 (EES2025). This is the 32nd consecutive edition of one of the most significant economic surveys in Europe, organized by Eurochambres - the Association of European Chambers of Commerce and Industry. What is Eurochambres? Eurochambres is an organization that unites chambers of commerce and industry from…
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