Highlights

A joint committee for economic cooperation between Bulgaria and Saudi Arabia is established. An agreement to this effect was signed today between the Minister of Economy and Industry Nikola Stojanov and the Minister of Economy and Planning of Saudi Arabia Faisal Al-Ibrahim. The Committee is another instrument for promoting the economic and investment partnership, with […]

Minister of Economy and Industry Nikola Stojanov ordered Bulgaria’s trade representatives abroad to collect data on the prices of more than 20 basic food products. These include flour, oil, rice, beans, sugar, fresh and yoghurt milk, butter, cow’s cheese, yellow cheese, eggs, meat, etc. The information will be updated weekly. This will assist in the […]

Bulgaria will receive more than EUR 480 million under the RePowerEU plan related to the energy transition of the European countries. This became clear during a scientific forum on energy transformation held today at the University of National and World Economy. The event was opened by the Minister of Economy and Industry Nikola Stojanov. ‘The past one […]

Minister Nikola Stojanov discussed with the representatives of the Italian business the problems they face and their plans for development in Bulgaria Foreign direct investment from Italy is worth over EUR 2.9 billion, making the country the fourth largest investor in the country. According to the BNB’s preliminary data, the Italian investments for 2022 alone […]

A company from the plumbing sector is planning a EUR 50 million investment in a new plant in the country Spanish companies have so far invested nearly EUR 900 million in our country. This became clear during a meeting between the Minister of Economy and Industry Nikola Stoyanov and the State Secretary of the Ministry of Industry, […]

Over a period of 10 years, Bulgaria’s exports to Spain have increased by 73% and the last few years have marked record highs in the history of economic cooperation between the two countries. This became clear during a Bulgarian-Spanish business forum, which is taking place today in Madrid. The event was opened by the Minister […]

The Bulgarian side is planning to re-establish the work of the Trade and Economic Affairs Office in Argentina. This became clear during a meeting between the Minister of Economy and Industry Nikola Stojanov and the Ambassador of the Republic of Argentina in Bulgaria H.E. Alfredo Nestor Atanasoff. ‘Bulgaria has not had a trade representative in […]

Our trade with Italy in the ten months of 2022 is close to EUR 6 billion, marking an increase of nearly 37% compared to the same period of 2021. This became clear during a meeting between the Minister of Economy and Industry Nikola Stojanov and the Ambassador of Italy to Bulgaria H.E. Giuseppina Zarra. A meeting with […]

More than 1 150 Bulgarian students are trained through work in Bulgarian enterprises under an Austrian project. Today the Minister of Economy and Industry Nikola Stoyanov and the Ambassador of Austria to Bulgaria H. E. Andrea Ikić-Böhm visited one of the companies involved in the dual training programme — Gebrueder Weiss. This is the oldest transport company in the world, which has been operating a logistics centre in Bulgaria for 30 years.

Politicians are playing on people’s fears, but for decades Northwest Bulgaria has lagged behind in economic development. This was said by the Minister of Economy and Industry Nikola Stoyanov at a meeting with citizens from Montana. He presented the potential investment interest in the Ogosta Dam and answered people’s questions.