The University of Economics – Varna is a public university located in Varna, Bulgaria, focused on studies in the field of economics. The University has an accreditation issued by the National Evaluation and Accreditation Agency.The University is a higher educational institution with long history and its own traditions. It was founded on May 14, 1920 and was originally known as the Higher School of Commerce. It is the oldest university for economic sciences in Varna region and the second one in Bulgaria after Sofia University, which was founded in 1888. There are over 11,000 students at UE-Varna, including foreign students.There are four faculties (Finance and Accounting, Economics, Computer Science, Management), Language Department and College of Tourism at the University of Economics – Varna. Students can obtain additional specialization and widen professional skills by completing short-term or long-term courses and language classes offered by the Lifelong Learning Center.The University building is located next to the Sea Garden. The building has become a symbol of the city. In 2015 UE-Varna building was awarded a prize Building of the Year 2015.[citation needed] The facade reflects the influence of the French Renaissance and partly the classical Western European Baroque. The pediment placed above the main entrance is a masterpiece of the sculptor Kiril Shivarov. It is decorated by the images of two Greek gods: Hermes holding in his left hand a rod of merchants and Athena - a goddess of wisdom with an open book on her knees.
The transport of goods in urban conditions, incl. last mile logistics, is an important part of supply chains and a structural element for achieving efficiency in deliveries. The environmental sustainability and viability of cities depend on the organization of the urban logistics system. There are many good examples of optimizing urban logistics processes, one of which is related to the application of the concept of co-modality, combining the transport of goods with public transport. The aim of this study is to examine the possibilities for the application of this concept in Bulgaria, including the main advantages and challenges. Among the research methods and approaches used are structural analysis, method of comparison, content analysis, etc. The results show that under certain circumstances and for given type of municipalities, co-modality is applicable and, if properly organized, would lead to positive effects for transport in the city and for improving the quality of life.
Does firm size matter for the performance of small and medium-sized companies? To answer this question, the study at hand employs data from the well-established Gepard ranking of small and medium-sized fast-growing enterprises in Bulgaria. Ordinarily least-squared regressions techniques are applied on a cross-section of more than 2000 observations with the results showing that returns on revenue are negatively related to firm size in our sample. Additional regressions show that sectoral effects are quite strong and explain a non-trivial part of the variation in profitability. Although significant, regional effects are not that strong. Specifically, our results show that firms in the northern regions are more profitable than firms in the southern regions. Overall, the results are in favor of the hypothesis that firms in the sample follow a growth-focused strategy rather than a profit-focused strategy. The study contributes to the ongoing discussion on the size-growth-profitability nexus by providing evidence from a less researched area of small and medium enterprises in South-East Europe, particularly in Bulgaria.
The article examines the speed of convergence of labor productivity in CEE countries with respect to the Eurozone. The results show significant differences between countries in the pace of convergence, with some of them advancing rapidly and others lagging behind. Bulgaria is lagging behind mainly in industry, which poses a risk to its future economic development and requires targeted structural reforms aimed at improving the education system, innovation and better infrastructure. Adoption of the euro can help this process, but it will not be enough and without these additional measures, the catch-up period could drag on for decades, which will slow down economic convergence with the Eurozone.
This research paper is an attempt to show aspects of changing geo environment and the need for a new way to develop sustainable tourism.
The article examines strategic tourism planning in the context of a globalized intercultural environment. It emphasizes that planning is a fundamental management function - purposeful, intellectual, and continuous—ensuring efficiency and coordination of organizational actions. Special attention is given to the influence of globalization, which creates an intercultural environment, promotes diversity, and requires adaptation and cultural intelligence from individuals and teams in the tourism sector.
