News

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 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 […]

“BB Bulgaricum has the best monthly performance in June and July in the last five years, employee salaries have been increased and there is no tension between employees and management. This is what the Minister of Economy and Industry Dr Petko Nikolov said during a hearing in Parliament. The Minister of Economy pointed out that […]

The Ministry of Economy and Industry continues its efforts to return the shares of the Plovdiv Fair from the Varna Municipality to the State “Montages EAD has filed three legal claims against OZK-Insurance related to insurance to guarantee advance payments and good performance of dam repair works. This was stated by the Minister of Economy […]

Bulgaria and Azerbaijan will look for new opportunities to promote bilateral economic relations. The two countries have great unrealised potential in trade development. This became clear during a meeting between the Minister of Economy and Industry Dr. Petko Nikolov and the Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to our country H.E. Hussein […]

The opportunities for expanding bilateral economic cooperation were discussed by the Deputy Minister of Economy and Industry Nikolay Pavlov and the Ambassador of Mongolia, H.E. Mrs. Lhagvasuren Sayanaa. “We believe that the level of trade and economic cooperation does not correspond to the potential of the two countries and to the good political relations,” Deputy […]

The Government proposes to support the WEBIT International Exhibition by paying the rental amount of BGN 350 000 for the National Palace of Culture, chosen by the WEBIT Foundation to host the exhibition. In January this year, the Council of Ministers entrusted the organisation of the participation of the Republic of Bulgaria as an official […]

By its decision, the Sofia City Court dismissed the claim brought by the Minister of Economy and Industry with legal grounds under Article 71 of the Commercial Companies Code for establishing that the State has the status of a shareholder as the holder of the rights to 16 314 400 registered dematerialised shares representing 29% […]

Although bilateral trade reached nearly 4 billion USD last year, there are still untapped opportunities for further expansion of Bulgarian exports to China, in particular of products for which our country is known in Asia. This became clear during a meeting between the Minister of Economy and Industry Dr. Petko Nikolov and the Ambassador of […]

Benefits of abolishing land checks could reach BGN 1.3 billion a year, says Dr Nikolov in an interview with “24 hours” – The debate “for” or “against” the euro has intensified again. Is there a benefit for Bulgaria to become a member of the eurozone, Mr Nikolov? – Absolutely yes. The introduction of the euro […]

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