Private shops and small supermarkets are open in many cities and local farmer's markets are still active. A few warehouse stores have opened in Sofia. In 1992, retail trade turnover in state and cooperative trade came to Lv43,346.5 million. The government has remained committed to privatization efforts. By the end of 1999, 71% of state-owned assets had been privatized. Bulgaria has also attracted a number of foreign investors, including US companies such as American Standard, McDonald's, Kraft Foods, and Hilton International. However, Germany is the top foreign investor.
Newspapers and magazines are the important means of advertising to the population at large. Radio advertisements are permitted for half an hour each day.
Offices are open from 8:30 AM to 12:30 PM and from 1:30 to 5:30 PM , Monday through Friday. Normal banking hours are 8 AM to 12 noon, Monday–Friday, and 8 to 11 AM on Saturday.