Monthly Archives: December 2014

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Important Tax Changes – 2015

2015 brought serious and important changes in Bulgaria’s business environment which ultimate goal is affecting positively the overall taxation process, its results and availability/attractiveness. All participants in the taxation process are to adhere to their legal obligations and exercise their…

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Plovdiv – Transport & Logistics Center

Despite the lack of sea ports and a large modern airport, Plovdiv is turning more and more tangibly into a modern transport and logistics center. In the last few years local transportation companies increased the volume as well as the…

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Pension Reform

The pension reform and the particular ways of its introduction appear to be one of the most difficult tasks before the new Bulgarian government. The sensitivity of this matter and the dependency of a great number of people on any…

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“Juncker” Plan – Opportunities and Realization

The recent official announcement of an investment plan, known as the “Juncker” Plan, described a strategy for the achievement of an intensive investment activity in the next two years (2015 – 2017) that is to bring nearly 315 billion euros…

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Time for Reforms

In its first few days in office the new government clearly indicated that Bulgaria seems determined to take important steps in the reformation of many sectors, which functioning continues to exacerbate state finances hindering normal economic development. Reforms are more…

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New Energy Reality

The recently announced official decision of the Russian Federation to withdraw its support to the “South Stream” gas mega project led to an unexpected and challenging situation for Bulgaria and all affected European countries. Bulgaria’s energy reality was utterly changed…

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