News

We are working as a priority to recover a total of about BGN 42 million on the accounts of the State Consolidation Company (SCC) in connection with the repairs of the dams. This was said by Minister of Economy and Industry Bogdan Bogdanov during a parliamentary control today. In his reply, he recalled that 267 contracts […]

After the recovery process started in the middle of last year, the stabilisation of LB Bulgaricum is progressing well. Contracts that were unfavourable have now been completed. The company maintained its national coverage while expanding its product range. This was stated by the Minister of Economy and Industry during a parliamentary scrutiny in response to […]

Deputy Minister of Economy and Industry Ivaylo Shotev held a meeting with representatives of the Association of Bulgarian Food Traders in Sofia. Pazardzhik. It was also attended by the Deputy Governor Mr. Stefan Dimitrov. During the discussion an active and open dialogue was established between the representatives of the business and the executive. The difficulties […]

Minister of Economy and Industry Bogdan Bogdanov awarded Amer Sports Bulgaria in the category ‘Investment in Business Expansion’ during the annual Investor of the Year 2023 Awards. The ceremony was organized by the Bulgarian Investment Agency (BIA) for the eighteenth consecutive time and honored the most significant investment projects implemented in the past year. Minister […]

Minister Bogdanov and Deputy Prime Minister Maria Gabriel signed an agreement on institutional cooperation between the two ministries The Ministry of Economy and Industry and the Ministry of Foreign Affairs will cooperate with a view to improving the work of the Trade and Economic Affairs Offices (STIV) of Bulgaria’s missions abroad and aligning their activities […]

Deputy Minister of Economy and Industry Ivaylo Shotev met with the Mayor of Shumen Municipality prof. Hristo Hristov, with the Regional Governor prof. Dobromir Dobrev, with the deputy governor of the region Neli Georgieva and with Nikolay Tonchev — executive director of Shumen Industrial Park. Opportunities for attracting investment in the region, the lack of enough […]

Austria’s Minister of Labour and Economy Martin Kocher to visit Bulgaria in May The full accession of Bulgaria and Romania to the Schengen area will increase economic security in the region and Europe. This was stated by the Deputy Minister of Economy and Industry Nikolay Pavlov before the Federal Minister of Labour and Economy of […]

Tomorrow we expect an objective trial in the case, which the Ministry of Economy and Industry is conducting, to prove the right of the state to recover 29 percent of the shares of the Plovdiv Fair, which are currently in the Municipality of Varna, granted by the state years ago. This was said by Minister […]

Investments increased by BGN 1.5 billion last year. For the whole of 2023, foreign direct investment is at a record high of nearly BGN 7 billion. This is an increase of more than 28 percent compared to the previous year 2022. This was said by Deputy Minister of Economy and Industry Ivaylo Shotev, who participated in a […]

Minister of Economy and Industry Bogdan Bogdanov discussed with the economic ministers of Estonia, Kazakhstan and the Socialist Republic of Vietnam the opportunities for deepening cooperation in specific sectors, expanding trade relations and investment during the 13th Ministerial Conference of the World Trade Organization (WTO), which is being held in Abu Dhabi. Specific periods for […]