Nominations for the best startup companies and individuals in the entrepreneurial ecosystem in Bulgaria for 2020 are open until August 31st!
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Nominations for the best startup companies and individuals in the entrepreneurial ecosystem in Bulgaria for 2020 are open until August 31st!

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).

Representatives of the Embassy of Pakistan got acquainted with the opportunities for economic cooperation in Ruse and the region
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Representatives of the Embassy of Pakistan got acquainted with the opportunities for economic cooperation in Ruse and the region

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.

A webinar will present opportunities for a voucher scheme for the digitalisation of small and medium-sized enterprises
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A webinar will present opportunities for a voucher scheme for the digitalisation of small and medium-sized enterprises

A webinar will be held on May 29 (Friday) that aims to present the Direct Grant Procedure "Supporting the growth of small and medium-sized enterprises (SMEs) through the pilot implementation of voucher schemes by the Executive Agency for the Promotion of Small and medium-sized enterprises (IANMSP)'.

Personalities from the history of Ruse: Panayot Popov

Personalities from the history of Ruse: Panayot Popov

Panayot A. Popov was born on November 30, 1848 in Rousse, where he spent his childhood. He finished third grade at the "Mitrondio" Lyceum. He went down in history as a prominent businessman of the city of Ruse, and his name is most often found among the founders of the first credit and commercial institutions in the city. He played an important role in the construction and development of the credit system in Bulgaria. It is interesting that the center of private banking in Bulgaria at that time was not Sofia, but Ruse.

On April 15, Ruse celebrates 130 years since the creation of one of the most important economic institutions after Liberation
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On April 15, Ruse celebrates 130 years since the creation of one of the most important economic institutions after Liberation

On April 15, 1890, the first Chamber of Commerce in Bulgaria was established in Ruse, and 130 years later, the Ruse Chamber of Commerce and Industry continues to uphold the traditions that were the basis of one of the most successful economic endeavors after Liberation.

Current deadlines for declaring and paying taxes and social security contributions during the state of emergency
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Current deadlines for declaring and paying taxes and social security contributions during the state of emergency

Changes related to tax-insurance requirements and publication of financial statements during the period of emergency. The dynamically changing situation related to the corona virus requires strict measures to protect public health and protect citizens from the direct physical threat of COVID-19. In order to overcome possible difficulties in the declaration and payment of taxes and social security contributions, as a result of the emergency measures introduced, the National Assembly adopted changes related to the tax and insurance requirements during the period of emergency:

VITTE Automotive Bulgaria continues to work and retains all its employees
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VITTE Automotive Bulgaria continues to work and retains all its employees

The largest employer in Ruse retains all of its staff, despite the difficulties of the emergency situation. Due to the complex global situation in Europe and America, many of the company's customers - car manufacturers - stop their production, which leads to a decrease in orders for VITTE Automotive Bulgaria. The company is forced to slow down and stop production for 2 weeks.

Instructions for payment of compensation for employers
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Instructions for payment of compensation for employers

With the adoption of Decree No. 55 of March 30, 2020 on determining the terms and conditions for payment of compensation to employers in order to preserve the employment of workers and employees during the state of emergency, announced by a decision of the National Assembly of March 13, 2020 ( Decree), the Employment Agency opened a procedure for employers to apply for compensation payments in order to preserve the employment of workers during the state of emergency.

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