Economy Sustainability of businesses is a function of the business climate and of customer loyalty published on 12/15/20 11:49 AM
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A stable and predictable business environment and simplifying start-up and business management procedures to the maximum would create conditions for economic growth, more tax revenues and opportunities for the people who are not all that enterprising to live a better life. These are the components needed for making any progress, and for the country to continue its development, says former banker
Levon Hampartzoumian, now president of the Bulgarian Business Leaders Forum. In his words
the glue that binds all of these elements together is education:
10 December 2020 / 12:58
December 10 (BTA) - Bulgarian Economy Minister Lachezar Borisov has signed six investment certificates under the Investment Promotion Act (IPA), Borisov s Ministry said in a press release on Thursday. The investments top 110 million leva in aggregate and will create nearly 600 new jobs. Five of the investments: of Senid, EL BAT, Bulprotein, Agromil Bulgaria and Blocks Group Bulgaria, were certified as Class A, and the sixth investment, of Matega, was awarded a Class B certificate. Borisov said that 32 projects worth 854,322,000 leva that can potentially create 4,074 jobs have been certified since the beginning of 2020. The investments are mainly in manufacturing, IT, healthcare and the automotive industry. Thirteen projects are for the expansion of an existing investment, and the remaining 19 are new investment projects. The largest number, 14, is in manufacturing, including five for high-tech production. RI/LG