Highlights

“The constant modernization and increase in the capacity of Vazovski Mashinostroitelni Zavodi (VMZ) Sopot is our top priority. We are working toward reorienting it to the high-tech European market.” This was announced by Minister of Economy and Industry Peter Dilov during his working visit to the state-owned enterprise under the Ministry of Economy and Industry. […]

The Economy Minister Discusses Intensifying Bilateral Relations with the Greek Minister of Development and Deputy Minister of the Economy and Finance Bulgaria and Greece share a common vision for economic growth and development. Our trade ties are solid, but there is potential for growth, particularly in the areas of high-tech, energy and logistics. This was […]

Over USD 1 billion in Bulgarian exports to the United States in the first ten months of 2024 The United States is one of Bulgaria’s leading foreign trade partners, and we are working actively to develop bilateral trade and economic relations, said Minister of Economy and Industry Peter Dilov at the opening of the “Explore […]

Minister of Economy and Industry Peter Dilov attended the official launch of a new innovative chocolate production line at Nestle’s factory in Sofia. The company’s investment totals BGN 82 million and will create 70 new jobs. It is aimed at increasing and modernizing the factory’s production capacity in the country. With the launch of this […]

One of the main tasks of the Ministry of Economy is to support and develop the competitiveness of the Bulgarian economy, and the defence sector in Bulgaria accounts for a significant share of the country’s gross domestic product. This was said by Minister of Economy and Industry Peter Dilov during a discussion titled “The National […]

Minister of Economy and Industry Peter Dilov and employers’ organizations in Bulgaria will work jointly to improve the country’s business climate, accelerate economic growth, and reduce the administrative burden on businesses. This was announced during a meeting between the Minister of Economy and his team and representatives of the organizations that are members of the […]

Trade between Bulgaria and Germany in just the first ten months of 2024 reached EUR 10.3 billion. Germany is a strategic and leading foreign economic partner of Bulgaria. The dynamic development of bilateral trade and investments is proof of the stability of our economic relations and the potential for their further expansion. This was stated […]

The Ministry of Economy and Industry will work actively to reduce the administrative burden for businesses and citizens. This was stated by the Minister of Economy and Industry Peter Dilov during Question Time in Parliament. “Our efforts are aimed at reducing administrative burdens within the regimes themselves, including a phased complete digitalization of services and […]

Direct Swiss investments in Bulgaria amount to nearly 4 billion euro, it was said during a meeting between the Minister of Economy and the Bulgarian-Swiss Chamber of Commerce. One of our top priorities is to restore trust in Bulgaria as a dependable economic partner and an attractive place for investment and business. We are committed […]

The Minister of Economy presented the grand prize in the “Large Enterprise” category at the German Economy Awards in Bulgaria Germany is a key partner for Bulgaria, excelling in both trade and investment. This was stated by the Minister of Economy and Industry, Peter Dilov, at the presentation of the 2024 Annual Awards of the […]