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Labor Unions and LB Bulgaricum Management Sign Collective Bargaining Agreement

17.09.2024

Following the commitments made by the Minister of Economy and Industry, Dr. Petko Nikolov, to improve working conditions and compensation for employees at LB Bulgaricum, the company’s management and representatives from all labor unions have signed a new Collective Bargaining Agreement for the next two years. This agreement commits both parties to work together on […]

Minister Nikolov: Trade between Bulgaria and China reached nearly USD 4 billion in 2023.

12.09.2024

In the first five months of this year alone, trade between the countries amounted to nearly USD 1.5 billion. Trade relations between Bulgaria and the People’s Republic of China are developing positively. Trade between the two countries reached nearly USD 4 billion in 2023, with Bulgarian exports to China amounting to over USD 1.1 billion […]

Minister Nikolov: Starting this month, the salaries of employees will be increased again and the modernization of the base of LB Bulgaricum in Vidin will start

03.09.2024

State-owned enterprise has the best monthly performance in June and July for the last five years We have taken all necessary actions to fulfil our commitments. The management of LB Bulgaricum EAD increased by 10%, retroactive to 1 May, the salaries of the employees in the production base in Vidin. There will be a further […]