In November 2022, the monthly inflation was 0.8% compared to the previous month, and the annual inflation for November 2022 compared to November 2021 was 16.9%. Inflation since the beginning of the year (November 2022 compared to December 2021) is 15.8%, and the average annual inflation for the period December 2021 - November 2022 compared to the period December 2020 - November 2021 is 14.6%, NSI reported.

The General Labor Inspectorate reminds that paid annual leave for 2020 can only be used until the end of this year. The provision that limits workers from deferring their leave for longer periods was passed back in 2010. Every worker is required to use their paid annual leave by the end of the calendar year in which it is taken. It is the employer's duty to inform the workers at the beginning of it how many days they have to use and how many they have left from the previous year. The employer must also create an order for the use of vacations. At the employee's request, part of the paid leave can be postponed and used in the following calendar year, but only with the employer's consent. For important production reasons, the employer could also postpone part of the leave, but he is obliged to ensure the use of at least half of the days in the year for which it is applied, and the rest - until the middle of the next at the latest, the inspection explains. The employee may, after this period, with 14 days' notice, use the transferred days, in which case the employer's consent is not required. Upon leaving, the worker is entitled to compensation for the days that have not been extinguished by statute of limitations.

A new shopping center "Retail Park - Haskovo", with over 12 sites of leading global and Bulgarian brands, was opened in Haskovo. The investor of the site is "Trinity Capital" AD. The area has an area of nearly 15,000 square meters, with enough parking spaces for customers. The complex is arranged on the territory of a former barracks with an abandoned purpose, which was granted to the municipality of Haskovo.

5 brand new water heating boilers are already working in the Plovdiv thermal power plants, EVN Toplofikatsia reported. Thus, Plovdiv becomes the first city in Bulgaria with completely new production facilities of the district heating company. The project started in 2019. It includes 2 boilers in the "South" heating plant and 3 boilers in the "North" thermal power plant with a total capacity of 100 megawatts. They have 25 meter chimneys and were delivered from the Robert Bosch factory in Germany. The main fuel is natural gas, and the reserve is industrial gas oil with a shorter switching time compared to the old installations, which could use fuel oil. The goal is that all 31,000 customers of the second largest heating company in our country have a continuous supply of heat energy and to secure the peaks.

The Financial Supervision Commission (FSC) has approved the prospectus for admission to trading on a regulated market of a bond issue issued by "Elana Agrocredit" JSC. The issue is in the amount of 5 million euros, divided into 5 thousand ordinary, registered, bearer, interest-bearing, secured, non-convertible and freely transferable bonds. The nominal and issue value of one bond is 1,000 euros. The annual interest rate is floating and is formed by the 6-month EURIBOR + 3.75% on an annual basis, but not less than 3.75% if the 6-month EURIBOR is a negative value. Interest will be paid every 6 months, excluding the first coupon payment. It is due after 1 month from the date of issue. The principal is scheduled to be repaid in 5 equal installments, with an issue date of 09/15/2022 and a maturity date of 10/15/2027.

The international rating agency Standard & Poor's raised the outlook of "National Electric Company" EAD (NEC) to positive due to improvement in credit indicators and confirmed its long-term credit rating of BB-. The expectations of the rating agency are that in the next two to three years, the liberalization of the electricity market in Bulgaria will lead to an improvement in the creditworthiness of NEC and "Bulgarian Energy Holding" EAD and to a reduction in the level of indebtedness of the state company. This process has already started through the payment by NEC of over BGN 1 billion of historically accumulated liabilities to the Bulgarian state. The rating of NEC continues to depend on the financial condition of "Bulgarian Energy Holding".

The family company for dairy products "Poliday - 2" Ltd, producing products under the "Domlyan" brand, realized revenues in the amount of BGN 27 million in 2021. The number of employees is 151 people. The dairy has the capacity to process 150,000 liters of milk in 8 hours. The raw material comes from farms in the Karlovo-Kalofer region. The company's product range includes over 50 different dairy products. "Polyday" focuses mainly on the Bulgarian market. Part of the company's plans include the construction and connection of solar RES installations in the amount of 1 MW for the needs of its production.

French company Ynsect said it has signed agreements to build sites for the production of insect products in the US and Mexico after the company launched what it says will be the world's largest insect farm. Reuters. "Insect" breeds mealworms that produce protein for aquaculture, livestock, pet food, fertilizer and human consumption. The company has signed an agreement in the US with flour milling company Ardent Mills (Ardent Mills) to build a factory next to one of its sites in the US Midwest (the exact location has not yet been determined) by the end of 2023. The two new The sites will cost at least 100 million euros each and production should eventually grow to about 200,000 tons of insect-based ingredients a year, said Insect CEO Antoine Hubert. Ardent Mills will supply by-products to feed the insects. In Mexico, Insect teamed up with food and general services provider Corporativo Kosmos. The factory will be located near Mexico City and will export to the US market. Insect entered the US market in late 2021 through a deal with Pure Simple to supply premium dog food. In March, the company bought mealworm producer Jord Producers, allowing it to enter the fast-growing backyard chicken feed sector. The company is discussing about 10 other deals in Europe, the Middle East and Asia and expects additional agreements in the coming year. Insect has built the "world's largest vertical farm" in Amiens, northern France. It launched earlier this year. So far, the company has raised about $450 million, which has been used mainly for the construction of the farm and for recent acquisitions, which include that of Dutch company Protifarm last year.

The Indian automobile concern Mahindra & Mahindra Ltd. plans to invest 100 billion rupees ($1.2 billion) in a plant to make electric SUVs, a significant shift for a company heavily dependent on fossil fuel-powered cars. Mahindra will invest in building a factory in Pune, western India, with the facility taking about eight years to build. The plan has been approved by the Indian authorities and will be implemented under a program of the state of Maharashtra to promote electric vehicles. India has been significantly slower to adopt electric mobility than other major economies, hampered by a lack of charging infrastructure and high vehicle prices. The new plant could help Mumbai-based Mahindra compete more successfully with Tata Motors Ltd., the dominant player in India's electric car market. Mahindra sells only one electric model – the e-Verito. At the same time, Mahindra is the market leader in electric three-wheelers. Electric vehicles will account for about 59% of new car sales in India by 2040, compared to 85% in China and 79% in the US. At the end of September, rival Tata Motors launched India's cheapest electric car at just over $10,000, as the concern seeks to attract more buyers. Tata is the leader in India's electric car market, buoyed by government subsidies and high import duties.