Balgarianovinite.com The Bulgarian Industrial Capital Association (BICA) marked its 29th anniversary with an event at Sofia’s Satirical Theatre on Friday. Addressing members and guests, Governing Board Chairman Rumen Radev said BICA remains a representative employers’ organization with authority and a strong public presence.
Radev noted that BICA unites over 10,000 enterprises through more than 100 branch organizations, covering three-quarters of the nation’s economic activities and two-thirds of municipalities via its regional chambers.
He highlighted key achievements over the past year, including support for Bulgaria’s accession to the eurozone, approval of changes to regional planning areas expected to take effect in 2027, and progress towards OECD membership, potentially in 2026.
Radev also praised BICA’s principled stance on draft budget reforms, stating that the organization successfully advocated necessary changes, and stressed that efforts to drive further reforms would continue. He said BICA firmly opposed a poorly drafted, risky budget for 2026, but welcomed the revised framework as an important step for its members.
Ending his speech, Radev thanked BICA’s members, partners and supporters, saying: “Our strength lies in all of you – the real people from the real sector.”
In 2025, BICA has been a leading voice on the euro and the 2026 Budget Bill. Rumen Radev called euro adoption a “strategic opportunity” to boost competitiveness and investment appeal, noting potential annual savings of over BGN 1 billion. On December 2, Radev presented the business community’s demands that the government abandon plans to double the dividend tax, increase the contribution to the Pensions Fund by 2 percentage points, and roll out mandatory sales management software in retail outlets. BICA Marks 29 Years as Employers’ Organization with Strong Public Presence 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-12-05 20:14:00 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law
