News

Deputy Minister of Economy and Industry Dr. David Sukalinski participated in the ceremony for the presentation of the Annual Awards of the Bulgarian Hotel and Restaurant Association (BHRA). During the ceremony, Deputy Minister Sukalinski commended all participants for their achievements, skills, and adaptability in overcoming various challenges and difficulties over the years. He stated, “It […]

Expanding access to markets in third countries must remain a primary priority of the EU’s trade policy. This objective can be achieved not only through free trade agreements but also through other forms of trade and economic partnerships. Deputy Minister of Economy and Industry, Nikolay Pavlov, said this during the regular meeting of the Foreign […]

The food and beverage industry is among the most important and strategic sectors of the Bulgarian economy. It provides a significant share of Bulgaria’s gross domestic product and plays a crucial role in sustainable development, public health, and the quality of life. Deputy Minister of Economy and Industry, Dr. David Sukalinski, said this at the […]

Bavaria ranks 37th among Bulgaria’s trading partners In recent years, economic relations between Bulgaria and Bavaria have developed very dynamically. Bavaria is among the three German federal states with the largest investment presence in Bulgaria and the highest share in bilateral trade. The Deputy Minister of Economy and Industry Nikolai Pavlov said this in his […]

LB Bulgaricum presented its latest development, a lactose-free probiotic ayran, at the largest food exhibition in Bulgaria. The food industry has a pronounced export potential. Since 2010, food exports have been growing steadily, with an overall increase of 244% between 2010 and 2023. In 2023 alone, food exports are worth BGN 11.2 billion and are […]

For the first eight months of 2024, the trade exchange between Bulgaria and Libya has increased, reaching over USD 337 million. There is potential for development of trade and economic cooperation between Bulgaria and Libya. The Minister of Economy and Industry Dr. Petko Nikolov said this at the opening of the Bulgarian-Libyan Economic Forum, organized […]

Bulgaria has announced its willingness to take part in the reconstruction efforts in Ukraine Bulgaria has expressed its commitment to participate in Ukraine’s reconstruction by offering economic, infrastructure, and humanitarian support. This was announced by the Minister of Economy and Industry, Dr. Petko Nikolov, at a forum titled “Securing the Future: Economic Stability, Defense, and […]

In 2023, Bulgarian companies secured contracts with two NATO agencies totaling over EUR 48 million. Bulgarian companies across different sectors are actively engaging and finding growing success in NATO international tenders. In recent years, both the number and size of awarded and successfully completed contracts have risen significantly. In 2023 alone, Bulgarian companies won contracts […]

In the past three months, the companies within the National Company Industrial Zones group have secured investments exceeding BGN 450 million. The investment climate and regional development in Bulgaria are crucial for the country’s economic growth. This was said by Deputy Minister of Economy and Industry Nikolay Pavlov at an International Forum titled “Bulgaria and […]

Bulgaria is already one of the top destinations in Southeast Europe for business start-ups. The country boasts a well-developed support system that fosters entrepreneurship, start-ups, and business growth. This ecosystem includes research centers, laboratories, business incubators, accelerators, and venture capital funds. The Minister of Economy and Industry, Dr. Petko Nikolov, said this during the opening […]