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For the first two months of 2025, there is an increase of 29 percent, compared to the same period last year, he noted Trade between Bulgaria and Vietnam in 2024 increased by more than 30%, compared to 2023. This was stated by the Deputy Minister of Economy and Industry Dontcho Barbalov at the opening of […]

Deputy Minister of Economy and Industry Nevena Lazarova held a working meeting with representatives of the Bulgarian Association of Metallurgical Industry (BAMI) and the defence sector. The main topic of the meeting was the potential for closer cooperation between the two sectors in the context of European programmes that support the defence industry. Deputy Minister […]

A meeting of the National Economic Council (NEC) was held at the Ministry of Economy and Industry, where topical matters were discussed, including the introduction of auctions for long-term supply of low-emission electricity and the preparation for a new model for calculating a municipal waste fee based on the actual quantity of the deposited waste. […]

Trade relations between the Republic of Bulgaria and the People’s Republic of China are developing positively. Trade between the two countries reached nearly USD 4 billion in 2024. The Deputy Minister of Economy and Industry Dontcho Barbalov said at the opening of a conference on trade and investment cooperation between China (Sichuan) and Bulgaria. It […]

  We will develop a sustainable policy that combines tradition and the future – for the benefit of the people and the regions. This was stated by the Deputy Minister of Economy and Industry Nevena Lazarova who opened the conference titled Bulgarian Crafts – Traditions Meet the Future. The event is held within the framework […]

Starting today, basic salaries at VMZ-Sopot will increase by 8 percent As of July 1, basic salaries at Vazovski Machine-Building Plants EAD (VMZ) in Sopot will be increased by 8 percent. The decision was made at the end of May at a meeting of the Board of Directors of the state-owned company under the Ministry […]

The National Company Industrial Zones (NCIZ) is working on investment projects worth over BGN 80 million, which are at different stages, with interested companies from Germany, Italy, Spain and Türkiye. The state-owned company reports a profit of BGN 646,000 for 2024, which is expected to be exceeded this year, Deputy Minister Lazarova stated in an […]

  The goal of the eurozone is to improve the quality of life. It’s normal for people to have their worries about entering the eurozone. The Deputy Minister of Economy and Industry Dontcho Barbalov stated in an interview for the Brussels 1 show on Bulgaria ON AIR. “We have already received many of the benefits […]

He noted that, in the first four months of 2025, foreign direct investment increased by 27.5% compared to the same period last year “A key priority for the Ministry of Economy and Industry is to build and reinforce trust in Bulgaria as a reliable economic partner and an attractive location for investment and business.” This […]

The upcoming opening of Phase 1 of the “Lozen Tech Park” project, valued at BGN 25 million, was announced Deputy Minister of Economy and Industry, Ms Nevena Lazarova, was among the official guests at the awards ceremony for the winners of the “Green Technologies” competition. The event focused on supporting sustainable development and promoting innovation […]