News

The German-Bulgarian Chamber of Industry and Commerce has honoured companies for their contribution to the development of economic relations between the two countries Over the past 30 years, bilateral trade between Bulgaria and Germany has increased 16-fold, while Bulgarian exports have grown 23-fold. This was stated by Deputy Minister of Economy and Industry Doncho Barbalov […]

Deputy Minister of Economy and Industry Doncho Barbalov held a meeting with the newly appointed Ambassador of Japan to the Republic of Bulgaria, H.E. Mr. Chikahisa Sumi. In the context of the active bilateral dialogue and the subsequent visit of a Japanese delegation to Bulgaria at the end of last year, both sides reaffirmed their […]

Parliament has given final approval, on second reading, to amendments to the Consumer Protection Act submitted by the Council of Ministers. These amendments significantly expand the material scope of representative actions for the protection of consumers’ collective interests. The adopted Act to Amend and Supplement the Consumer Protection Act creates an effective mechanism for protecting […]

“The Ministry of Economy and Industry is planning a phased roll-out of the “Bulgarian Export Navigator” platform to support national exports by the end of next week. The platform has been developed as a continuation and enhancement of the Ministry’s work in 2025, when, through the Trade and Economic Affairs Offices (TEAO), 1,190 Bulgarian companies […]

Unlocking up to USD 27 billion in untapped export potential could be achieved through the new digital platform that was presented at the Ministry of Economy and Industry “The challenges facing Bulgaria’s foreign trade are significant, which is why it is important to encourage exporters and support the economy. The role of Bulgarian exports in […]

Bulgaria’s economy recorded sustained growth of around 3% in 2025, placing the country among the leading economies in the European Union in terms of growth rates, said Deputy Minister of Economy and Industry Dontcho Barbalov during the forum “YES! To Bulgarian Food”. He emphasised that Bulgaria’s economic stability is expected to continue in 2026, which […]

The joint research laboratory of LB Bulgaricum and the Japanese corporation is expected to open in Sofia in mid-2026 A Joint Research Laboratory of LB Bulgaricum and the Japanese corporation Meiji is expected to open in Sofia in mid-2026. Its primary objective will be to study the benefits and scientifically substantiate the qualities of traditional […]

With the entry into force in November 2023 of the Law on Compensation of Consumers for Transportation Costs, persons producing petroleum products from crude oil originating in Russia or exported from Russia are obliged to make monthly contributions to compensate consumers for transport costs. The amount of the monthly contribution under Art. 1 of the […]

Bulgaria and the USA confirmed the deepening of their strategic partnership and the elevation of their bilateral relations to an even higher level at the Third Session of the Strategic Dialogue in Sofia. The USA is an important strategic partner for Bulgaria. Over the years, our bilateral relations have developed extremely dynamically and in a […]

We must make maximum use of financial funds for innovation. This was said by the Deputy Minister of Economy and Industry, Doncho Barbalov, during a discussion on the topic “Competitiveness through Innovation and Clean Energy,” part of the programme of the 21st National Innovation Forum held today. Within the framework of the discussion, Deputy Minister […]