Industrial production in Bulgaria was up 1.4% in January and grew 2.3% on a yearly basis.
Data by the National Statistical Institute has shown that car manufacturing has registered an increase of 48.5% compared to January 2013, as Bulgarian website Investor.bg reports. Read more
Bulgaria’s National Association of Municipalities insists that 30% of the collected flat tax should be distributed among municipality budgets.
“It has already been decided that by 2015 part of the personal income tax will enter municipalities budgets as revenue. The Financial Ministry will soon introduce the proposal to the Council of Ministers. Read more
The turnover of the specialized stores for food, drinks and tobacco products has dropped significantly in January.
According to the data of the National Statistics Institute (NSI) the drop, compared to December 2013 is 15.6% and year-on-year is 3.8%. Read more
The first 1000 laptops of the legendary Bulgarian computer brand “Pravetz” will be soon released on the market.
According to the brand owner Boiko Vuchev, they will be sold in a store in a Sofia shopping center and on the company website. Read more
Bulgaria’s Competition Protection Commission (CPC) will keep a watchful eye on the modern retail chains and will regulate their relations with the suppliers.
According to the draft amendments to the Competition Act, tabled in Parliament on Friday, the CPC will be deciding which retail chains have become “too powerful”, will be prescribing them new “general conditions” and will be drafting standard contracts for them to sign with their suppliers.
The amendments provide for hefty fines for the disobedient chains, which can reach up to 1% of the chain’s daily turnover for each day, in which it violates the orders of the CPC. Read more