Most Small Businesses do not Protect their Trade Secrets

Most small and medium-sized enterprises are not aware that they should include clauses to protect their business secrets when concluding contracts, said the Director of the Agency for Promotion of Small and Medium-Sized Enterprises Marieta Zaharieva. She participated in a discussion on the creation of a culture of intellectual property among the small business organized by the World Intellectual Property
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Serious Interest in Bulgarian Innovative Ideas at Dubai World Expo

8 Bulgarian companies took part in GITEX - the largest technology exhibition in the Middle East. It was held from 8 to 12 October at the World Trade Center in Dubai, UAE. The Ministry of Economy and the Bulgarian Investment Agency (BAI) supported financially the Bulgarian start-up companies with space and stand during the exhibition.Over 500 meetings and conversations with participants from over
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Number of Romanians and Bulgarians in UK rises to 413,000

The number of Romanians and Bulgarians living in Britain has risen by nearly 80% from 230,000 in 2014 to 413,000 last year, according to the Office for National Statistics, quoted by The Guardian. The surge in numbers coming to live in Britain from the two countries that joined the European Union in 2007 reflects the removal of restrictions on their rights to work in the UK in 2014. The number of
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Bulgarians are Driving the Oldest Cars in Europe

Bulgarians drive the oldest cars in Europe, according to data from the European Automobile Importers Association for the age of cars in the EU in 2016, reports investor.bg. The average age of cars in the EU as a whole was 10.7 years, in Bulgaria it is over 20 years, according to data from the association. Thus, in just 10 years, the "age" of cars in Europe has risen sharply, with the average age of
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1.3% Inflation in Bulgaria Since the Beginning of 2017

The consumer price index in September 2017 compared to August 2017 was 100.2%, i.e. the monthly inflation was 0.2%, according to data of the National Statistical Institute. The inflation rate since the beginning of the year (September 2017 compared to December 2016) has been 1.3% and the annual inflation in September 2017 compared to September 2016 was 2.1%. The annual average inflation, measured
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Bulgaria's Revenue from Tourist Overnights Rises in August

In August 2017, 3 145 accommodation establishments - hotels, motels, camping sites, mountain chalets and other establishments for short-term accommodation with more than 10 bed-places were functioned in the country, according to data of the National Statistical Institute (NSI). The total number of the rooms in them was 136.0 thousand and the bed-places were 313.0 thousand. In comparison with August
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New Investments of BGN 350 million in the Automotive Sector in Bulgaria

New investments of BGN 350 million could be made in the production of car parts in Bulgaria. This was announced by the Deputy Minister of Economy Lachezar Borisov at a national meeting of the companies in the automotive industry, reports Mediapool. It was organized by Automatical Cluster Bulgaria and was held under the patronage of Rosen Plevneliev in Sofia. "If the decisions to select an investment
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Bulgaria Ranks Fourth in the European Union by Economic Growth

Bulgaria ranks fourth in the European Union by economic growth, according to Eurostat. All EU countries report growth that has not happened for a long time. Malta, Ireland, Romania, Bulgaria and Spain are among the top five. Our country is with 3.9%. The percentage for our northern neighbors is 4.8%. Malta ranks first with 5.5%. The second is Ireland (5.1%). Growth in Iceland last year was 7.2%. The
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Bulgaria’s Economy will Grow with 4% in 2017

Bulgaria’s economy will grow with 4% in 2017, the autumn macroeconomic forecast of the Bulgarian Ministry of Finance shows. The Finance Ministry expects that the country’s economy will mark 3.9% annual increase in the next three years. Inflation will increase gradually, mainly under the pressure of oil prices and domestic consumption. Bulgarias unemployment level will also mark a slight
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Salaries in Bulgaria are Increasing by 8-10% Per Year

The salaries in Bulgaria are growing very fast, between 8-10% increase per year. However, they remain low compared to other EU countries. This is the comment of UniCredit Bank's chief economist, Lubomir Mitov, who presented the analysis of the bank Bulgaria, Europe and the World - Macroeconomic Review on Thursday. NSI data also show that labor costs in our country are growing - in the first and second
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