Research of the main factors’ influence on the strategy realization in the bulgarian entreprises

    Science. Business. Society., Vol. 7 (2022), Issue 1, pg(s) 7-10

    The practice shows that the segmentation of the company business environment is making the strategic decisions difficult task for the bulgarian managers. A cardinal unit for company’s environment analysis is the so called strategic business-zone (SBZ) – separate section by the company’s surraunding, that the company has or wants to receive access to. SBZ qualified itself with consumer’s demand and needs and specific technology. They are characterized from parameters like: perspectives of the growth, from demand’s life cycle vew point; expected degree of instability and factors of successful competition for the future. The main task of survey is: to be explored the specific factors’ influence on the strategic decisions in the bulgarian enterprises.
    The main exploratory theory is confirmed, that to be made enough adequately strategic decision bulgarian managers must to decide among so many different factors and select the appropriate strategic business zones with the biggest potential for the company.



    Industry 4.0, Vol. 5 (2020), Issue 1, pg(s) 41-44

    The concept of a circular economy is a model of production and consumption that minimizes waste in the environment. It brings benefits not only to nature but also to the economy and society as a whole. This is a model aimed at extending the product life cycle. When a product reaches the end of its life, the materials of which it is composed continue to be reused. This is repeated many times to minimize waste disposal. In practice, this means sharing, borrowing, reusing, repairing and recycling existing materials and products as long as possible. The bio- economy in the European Union is growing much faster than the rest of the economy, which will lead to the creation of more jobs and the continuation of the digital transformation of the European economy. Bio-economy covers all sectors and systems that use biological resources. It is one of the largest and most important sectors of the EU and includes agriculture and forestry, fisheries, agro-food, biomass and bio-based products. Its annual turnover is about 2 trillion euros, and it employs about 18 million people. Bio-economy is also a key area for stimulating growth in rural and coastal areas. The new bio-economy strategy fits in with the Commission’s efforts to further boost jobs, growth and investment. It aims to improve and expand the sustainable use of renewable sources to overcome global challenges such as climate change and sustainable development. The purpose of the study is to analyze the situation in Bulgaria for the development of the bio- sector in terms of production capacity, potential for growth of the bio-production sector, to study the conditions, difficulties and prospects for the development of exports of bio- products. The analysis will serve to evaluate the opportunities for Bulgarian bioeconomy development, the innovation encouraging measures in this sector and the diversification of this sector. The results of the Bioeconomy research distinguish strategic areas: sustainable consumption and production through responsible consumers and producers; knowledge society through information development and training; government to help adapting to new business realities; climate change and energy; sustainable transport and mobility; conservation and sustainable management of biodiversity and natural resources; public health and risk prevention with an emphasis on environmental quality; demography and migration and social inclusion; challenges in the field of sustainable development; global poverty reduction.

  • Opportunities to enhance energy efficiency and evaluation of energy projects in industrial enterprises

    Machines. Technologies. Materials., Vol. 12 (2018), Issue 11, pg(s) 454-458

    Efficient use of energy means meeting the necessary needs, without compromising the level of comfort and safety, effectively using energy resources that achieve a direct saving of resources and money. Effective use of energy has a direct impact on reducing energy costs in enterprises, thus increasing their competitiveness. The purpose of this report is to investigate the opportunities for energy efficiency improvement and evaluation of energy projects in industrial enterprises. The results show an increase in the production of RES from all types of power plants except HPP. Nevertheless, hydropower retains the largest share in the structure of RES production. At the same time, there is a decrease in the average cost to society of all types of RES, except for biomass. Europe faces a number of energy problems including: increasing dependence on imports, insufficient diversification, high and volatile energy prices, rising global energy demand, security risks affecting producer and transit states, increasing threats climate change, slow progress in the area of energy efficiency, challenges related to the use of an increasing share of renewable energy sources, and need of greater transparency, further integration and interconnection of energy markets.

  • Business crises and their impact on entrepreneurship in Bulgaria

    Industry 4.0, Vol. 4 (2019), Issue 1, pg(s) 57-60

    Every business organization faces a crisis at a certain point in its development. Crisis phenomena for overcoming preventive measures can lead to serious economic and social problems for the organization or its bankruptcy. The crisis is a widely held view and its indications affect different aspects of the financial, social, spirit life of the nation. It’s important to accent not only to the consequences of its manifestation but also to the opportunities for overcoming. This study focuses to analyze the factors for creating conditions for business entrepreneurship in order to draw attention to the opportunities for achieving lasting success for the Bulgarian society. This report aims to systematize key factors for the emergence of crises and their impact on innovation and entrepreneurial mindset. A questionnaire was used to collect data from a sample of 215 entreprises which were selected through stratified random sampling method. Collected data were analyzed using descriptive and inferential statistics with the aid of Statistical Package for Social Sciences (SPSS). The study revealed that innovativeness, creativity, business alertness and risk taking were significant for successful implementation of innovations and affecting performance of Bulgarian enterprises. The results show that crises are somewhat the driving force behind the creation of innovation and are a prerequisite for the emergence of modern forms of entrepreneurship so necessary to stabilize the economic system.