Highlights

The government held a series of meetings and negotiations with Lukoil management. As a result, an agreement was reached, from January 1, 2023, the company to voluntarily transfer its centre of economic activity to Bulgaria, i.e. will no longer work on processing (ishleme). In this way, all the profit from the operation of the refinery […]

A hub for intellectual property and technology transfer is being established at the inter-institutional level together with the European Patent Office. This became clear during a meeting between the Minister of Economy and Industry, Nikola Stojanov, and the President of the European Patent Office, Antonio Campinhos. The chairman of the Bulgarian Patent Office, Prof. Vladya […]

Urgent measures are needed to solve the problems related to the shortage of timber for consumers and Bulgarian industry. This was emphasized by the Minister of Economy and Industry, Nikola Stojanov, during a working meeting today at the Ministry on the subject. The Deputy Minister of Agriculture Valentin Chambov, the head of the political office […]

Minister of Economy and Industry Nikola Stojanov reported Spanish investments of more than 880 million euros and growth of trade between Bulgaria and Spain by more than 30%. Today he held a meeting with representatives of Spanish businesses in our country. The discussion was part of the “breakfast with investors” initiative, the aim of which […]

The total value of gross capital formation for 2021, which includes all investments by Bulgarian and foreign companies in our country, is over BGN 18.4 billion. The data show GDP growth of 7.6% compared to the previous year or BGN 104.8 billion. This was announced by the Minister of Economy and Industry, Nikola Stojanov, during […]

Nearly 268 thousand people work in the construction sector in the country and their work is growing every year. This was stated by Minister of Economy and Industry Nikola Stojanov during a ceremony marking the 80th anniversary of the University of Architecture, Civil Engineering and Geodesy. He added that the production in the sector last […]

18 projects with the participation of investors from the USA are being worked on for a total value of more than BGN 1 billion, which will create 2400 new jobs in the country. This was announced by the Minister of Economy and Industry Nikola Stojanov during a meeting with representatives of the American business in […]

This would be the largest single investment made in the history of the Bulgarian economy A German company has expressed interest in an investment of more than EUR 1 billion in the region of Northwestern Bulgaria. This became clear during a meeting today between the Minister of Economy and Industry Nikola Stojanov and the management […]

Bulgaria and Greece will attract investors with joint projects. This was the common opinion expressed during a meeting between the Bulgarian government delegation and the Minister of Development and Investment of Greece Adonis Georgiadis. Deputy Prime Minister for Economic Policies and Minister of Transport and Communications Hristo Aleksiev, as well as the Ministers of Economy […]

Direct investments from France amount to 1.028 billion euros and the French companies doing business in Bulgaria are over 200. This became clear during a meeting in the format “breakfast with investors”, which the Minister of Economy and Industry Nikola Stojanov held with representatives of the French business in Bulgaria. “French companies have created over […]