Bulgaria’s wheat harvest is up 52% year-on-year in 2021, as the Balkan country has harvested 7.16 million tonnes of wheat this year from a total of 1,204,334 ha put to wheat, according to the Bulgarian Ministry of Agriculture (MinAg). The average yield stood at 5.94 tonnes per ha. The samples taken show that the yield is of a quality which meets the
READ MOREBulgaria’s economic output rebounded by 9.6% from a year earlier in the second quarter of 2021, the most since the first quarter of 1998, after a 1.8% contraction in the previous period,, flash data from National Statistical Institute (NSI) showed. It was the first growth in four quarters due to the low base effect from the Covid-19 shock last year and as
READ MORELondon-based European Bank for Reconstruction and Development (EBRD) announced on Tuesday (August 4) its support for the development of Sofia International Airport in Bulgaria, by making an indirect equity investment of 74.3 million euros ($88.33 million) in SOF Connect – the company operating and managing the facility. The bank’s investment consists of 58 million euros equity investment and a further 16.3 million
READ MOREIn first five months of 2021, Bulgaria exported goods worth a total of BGN 26,355.3 million, up 19.4% compared to the same period of 2020, according to preliminary data from the National Statistical Institute. In May 2021, exports decreased to BGN 5,084.70 m from BGN 5,753.70 m in April, but increased by 32.3% compared to May 2020. The total value of all
READ MORESofia-based ImPulse I, prepares to go public on July 7, carrying out an initial public offering (IPO) on Bulgarian Stock Exchange’s BEAM market. The investment company aims to raise up to BGN 6 M to invest in growing companies. ImPulse I will offer investors up to 5,334,000 ordinary shares with a nominal value of BGN 1 ($0.62) apiece and issue price of
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