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BGN 2 907 097 is the amount of the contribution under Article 1 of the Consumer Transport Compensation Act for the month of May 2024

BGN 2 907 097 is the amount of the contribution under Article 1 of the Consumer Transport Compensation Act for the month of May 2024

With the entry into force in November 2023 of the Consumer Transport Compensation Act, persons producing petroleum products from crude oil originating in or exported from Russia are required to make monthly contributions to compensate consumers for transportation costs. The amount of the monthly contribution shall be determined by the Minister of Economy and Industry […]

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Zhivko Zhivkov, Executive Director of LB Bulgaricum, presented to the employees in Vidin a plan to improve the work process

Zhivko Zhivkov, Executive Director of LB Bulgaricum, presented to the employees in Vidin a plan to improve the work process

Company increases manufacturing wages by 10% from May and proposes further growth in September The Executive Director of LB Bulgaricum Zhivko Zhivkov visited the production base of the company in Vidin to talk with the employees and to get acquainted with their working conditions. ‘The goal was to go on site, hear their issues first […]

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Irina Nikolova: Türkiye is among the leading economic partners of Bulgaria

Irina Nikolova: Türkiye is among the leading economic partners of Bulgaria

Türkiye is among Bulgaria’s leading economic partners. The geographical proximity and the potential of the markets predetermine high economic activity between Bulgarian and Turkish companies. This was stated by the head of the political office of the Minister of Economy and Industry Irina Nikolova, who participated today in the Bulgarian-Turkish Women’s Business Forum dedicated to […]

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Deputy Minister Pavlov: Bulgarian Accreditation Service is an important part of the quality infrastructure of the Bulgarian economy

Deputy Minister Pavlov: Bulgarian Accreditation Service is an important part of the quality infrastructure of the Bulgarian economy

Deputy Minister of Economy and Industry Nikolay Pavlov participated in an information event, with which the Executive Agency ‘Bulgarian Accreditation Service’ celebrated its professional holiday and World Accreditation Day. ‘Executive Agency ‘Bulgarian Accreditation Service’ has been an essential and important part of the quality infrastructure of the Bulgarian economy for more than a quarter of […]

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Minister Nikolov and the Ambassador of Hungary discussed deepening bilateral economic relations

Minister Nikolov and the Ambassador of Hungary discussed deepening bilateral economic relations

Hungarian investments in our country exceed EUR 2 billion Economic relations with Hungary are developing positively and we have the potential to deepen bilateral cooperation. This was stated by the Minister of Economy and Industry, Dr. Petko Nikolov, who met with the Ambassador of Hungary in Bulgaria, H.E. Mr. Miklós Boros. It also became clear […]

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Deputy Minister David Sukalinski: We support the development of economic initiatives to defend security

Deputy Minister David Sukalinski: We support the development of economic initiatives to defend security

Ukraine is a significant foreign trade partner of Bulgaria and over the years the relations between our countries have been developing in a spirit of trust, good neighbourliness and partnership. Our joint efforts are aimed at fruitful cooperation and the establishment of security and stability. This was said by the Deputy Minister of Economy and […]

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Deputy Minister David Sukalinski: Bulgarian defence enterprises are innovative, high-tech and competitive

Deputy Minister David Sukalinski: Bulgarian defence enterprises are innovative, high-tech and competitive

Deputy Minister of Economy and Industry Dr. David Sukalinski held meetings with Bulgarian and foreign companies. ‘We strive to maintain a constant dialogue with the defence industry sector, appreciating its importance both for security and defence and for our country’s economy’, he stressed during the tour of the International Defence Equipment and Services Exhibition ‘Hemus […]

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Deputy Minister Sukalinski: MEI promotes cross-border cooperation of our defence sector

Deputy Minister Sukalinski: MEI promotes cross-border cooperation of our defence sector

The policy of the Ministry of Economy and Industry is aimed at actively supporting and stimulating cross-border cooperation of our defence sector. In this way, we create the necessary preconditions for the participation of our industry in the mechanisms for building defence-technological capacities of NATO and the EU and its further successful integration into the […]

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Minister Nikolov held a meeting with representatives of Meiji

Minister Nikolov held a meeting with representatives of Meiji

The partnership between LB Bulgaricum and Meiji is an important sign for the development of the Bulgarian–Japanese cooperation. Our desire is to continue the good relationship and deepen the partnership. This was stated by the Minister of Economy and Industry Dr. Petko Nikolov, who held a meeting with representatives of the Japanese company Meiji, who […]

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Deputy Minister Pavlov: EU’s climate neutrality ambitions require reforms

Deputy Minister Pavlov: EU’s climate neutrality ambitions require reforms

To achieve climate neutrality by 2050, electricity generation in Europe will have to increase and industrial investment will have to be much higher than in the previous decade. This was stated by Deputy Minister of Economy and Industry Nikolay Pavlov during the sixth edition of the European Mining Business Forum (EMBF). He stressed that this […]

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