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All pledges of shares made in past years to some of the public corporations to the SCC pledged as collateral have been deleted

All pledges of shares made in past years to some of the public corporations to the SCC pledged as collateral have been deleted

This becomes possible after repayment of the entire obligation of the SCC to the BDB All pledges made in past years on the shares of some of the state-owned enterprises to the State Consolidation Company (SCC) have now been deleted. Among them are LB Bulgaricum EAD, Kintex EAD, Nitti EAD and others. Until now, these […]

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Bulgaria will be an official partner of the WEBIT International Exhibition

Bulgaria will be an official partner of the WEBIT International Exhibition

After active work on the part of the Ministry of Economy and Industry, the Council of Ministers adopted a Decision to approve the participation of the Republic of Bulgaria as an official partner country of the International Exhibition WEBIT, which will be held on 30 and 31 October 2024 in Sofia. The WEBIT brand is […]

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Minister Bogdanov: We are investing BGN 25 million for the development of Vidin Industrial Park

Minister Bogdanov: We are investing BGN 25 million for the development of Vidin Industrial Park

The region could become a logistics and intermodal hub, the minister said ‘Twenty-five million leva will be invested in the development of Vidin Industrial Park. Currently, a project has been prepared for funding by the National Company of Industrial Zones (NCIZ). The state will provide 20% of the funds and the remaining 80% is provided […]

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Minister Bogdanov: LB Bulgaricum is now working at maximum capacity and with 100% Bulgarian milk

Minister Bogdanov: LB Bulgaricum is now working at maximum capacity and with 100% Bulgarian milk

The company’s production facilities will be modernized and new machinery will be invested in LB Bulgaricum is now operating at maximum capacity and with 100 percent Bulgarian milk. This was announced by the Minister of Economy and Industry Bogdan Bogdanov, who visited the production base of the state-owned dairy enterprise in Vidin and got acquainted […]

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Deputy Minister Pavlov: Brand Bulgaria is a common goal

Deputy Minister Pavlov: Brand Bulgaria is a common goal

Our country can attract investment in technology and innovation ‘Brand Bulgaria is a combination of different elements — tradition, history and economy. This is a common goal and it is important that we work together, to push this brand today so that it works for us as a country tomorrow. This is what Deputy Minister of […]

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Minister Bogdanov: The Ogosta Dam should be repaired as a priority

Minister Bogdanov: The Ogosta Dam should be repaired as a priority

Northwest Bulgaria can receive up to 60% state aid for investments ‘The problem with the repair of the Ogosta dam is long-standing and is already very acute. The dam must be repaired as a matter of urgency.’ This was said by the Minister of Economy and Industry Bogdan Bogdanov, who today, together with representatives of […]

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Bogdan Bogdanov We expect positive growth in the economy and investment in 2024

Bogdan Bogdanov We expect positive growth in the economy and investment in 2024

The optimism for the development of the Bulgarian economy in 2023 and this year is maintained. GDP growth will exceed that of last year, which is around 1.8%, and we expect it to exceed 2% and to approach 3%, but this depends on global dynamics. This was announced in the studio of ‘More from the […]

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The Ministry of Economy and Industry will cooperate with the Anti-Corruption Fund to ensure maximum transparency and stop the misuse of public resources

The Ministry of Economy and Industry will cooperate with the Anti-Corruption Fund to ensure maximum transparency and stop the misuse of public resources

The Ministry of Economy and Industry and the Anti-Corruption Fund (ACF) will cooperate to ensure maximum transparency and stop the misuse of public funds. This became clear at a meeting of the Minister of Economy and Industry Bogdan Bogdanov with the Director of the ACF Boyko Stankushev, the co-founder of the Fund Nikolay Staykov and […]

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Deputy Minister Pavlov participates in the informal meeting of the Foreign Affairs Trade Council in Brussels

Deputy Minister Pavlov participates in the informal meeting of the Foreign Affairs Trade Council in Brussels

Deputy Minister of Economy and Industry Nikolay Pavlov took part in the informal meeting of the Foreign Affairs Trade Council, held in Brussels. The main topic of the Council’s work was the preparation of the 13th Ministerial Conference of the World Trade Organization, which will be held from 25 to 29 February 2024 in Abu […]

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Minister Bogdan Bogdanov: The positive trend of record increase of investments in Bulgaria continues

Minister Bogdan Bogdanov: The positive trend of record increase of investments in Bulgaria continues

Investments for 2023 will reach BGN 7 billion, which is nearly BGN 2 billion more than the previous year, he said We are reporting the highest growth of foreign direct investment (FDI) in Bulgaria in the last 12 years. Only for the period January — November 2023 they amount to BGN 7 billion. The increase is nearly BGN 2 billion […]

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