Highlights

Active conversations with businesses across the country begin The Ministry of Economy and Industry is launching an active campaign to create and implement a comprehensive new policy for the development of industrial zones and parks. Their development should be linked to specific sectors and linked to the expectations of investors in those sectors. This was […]

The two sides discussed ways to promote economic development between the two countries. Reducing the administrative burden and deadlines for the implementation of foreign investments in Bulgaria, as well as the possibilities for monitoring the process were part of the topics discussed by the Minister of Economy and Industry Bogdan Bogdanov and the US Ambassador […]

Our trade with Turkey grew by 9.2% in the first three months of the year The Minister of Economy and Industry Bogdan Bogdanov and the Ambassador of Turkey H.E. Eileen Sekizkök discussed intensifying economic cooperation and projects for new investments. The two discussed opportunities for mutual investment promotion and protection. They also discussed the sectors […]

Bulgaria has the potential to become a European hub for energy storage. This was announced by the Minister for Economy and Industry Bogdan Bogdanov at the Bulgarian-Korean Energy Forum, dedicated to improving cooperation in the field of sustainable energy transformation and energy security. The event, organized by the Atlantic Club, was attended by the newly […]

The construction of a new industrial zone in Stara Zagora is a priority for the Ministry of Economy and Industry ‘With every such project we open, we are one step forward towards the technological modernisation of Bulgaria’, said Minister for Economy and Industry Bogdan Bogdanov, who opened a new plant for the production of high-tech, […]

The Minister for Economy and Industry Bogdan Bogdanov held an online meeting with the Austrian Minister of Labour and Economy Martin Kocher, where they discussed the opportunities for more active economic cooperation and the expected benefits for investors and businesses from the accession of Bulgaria to Schengen. Minister Bogdanov stressed that our country’s accession to […]

A global manufacturer of high-tech, critical components for automotive and industrial applications will invest in new production facilities in Ruse. GEBAUER & GRILLER GROUP with headquarters in Vienna and will work as a supplier for the Bavarian automotive industry. The planned investment amounts to nearly BGN 60 million (EUR 29 million) and is expected to gradually create around 400 […]

A global manufacturer of high-tech, critical components for automotive and industrial applications will invest in new production facilities in Ruse. GEBAUER & GRILLER GROUP with headquarters in Vienna and will work as a supplier for the Bavarian automotive industry. The planned investment amounts to nearly BGN 60 million (EUR 29 million) and is expected to […]

‘As of 2022, exports of specialised arms production have increased by 200%. This is about 1.6—1.7 billion euros or about 220% growth compared to 2020.’ He pointed out that the industry is evolving and the goal is to continue its development as well as the modernization of production. ‘We are also trying to provide a […]

After the completion of the ordered inspections, work will begin on the rehabilitation and restructuring of the public enterprises under the Ministry of Economy and Industry Two investment projects in the automotive sector worth over BGN 100 million are being launched this month in the regions of Stara Zagora and Ruse, where two new plants will be […]