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Bulgaria’s defence industry possesses the potential, capacity, and expertise that must be effectively harnessed and supported in a clear and decisive manner. In today’s dynamic and unpredictable geopolitical environment, Europe’s security and technological independence have become matters of utmost importance. Bulgaria must be an active participant, not a passive observer. This was stated by Minister […]

Trade between Bulgaria and Uzbekistan in 2024 recorded a 12% increase compared to the previous year, yet significant untapped potential remains. This was highlighted during a meeting between Deputy Minister of Economy and Industry Nevena Lazarova and the Minister of Investment, Industry and Trade of the Republic of Uzbekistan, Laziz Kudratov, who is on an […]

The Minister of Economy and Industry, Peter Dilov, held a meeting with H.E. Ghazi Hamed Al-Fadli, Ambassador Extraordinary and Plenipotentiary of the State of Kuwait to Bulgaria. The two discussed current aspects of bilateral trade and economic relations, as well as opportunities for their more active development. “Attracting Kuwaiti investment into the Bulgarian economy is […]

Deputy Minister of Economy and Industry, Dontcho Barbalov, met with members of the National Council of the Bulgarian Industrial Capital Association (BICA) to discuss opportunities for improving the business environment in Bulgaria, as well as creating conditions to open up new markets for Bulgarian companies. During the discussion, topics included enhancing the activities of the […]

The Minister of Economy and Industry of the Republic of Bulgaria, Mr Peter Dilov, held a meeting with H.E. Dr Said Mohammed Al Saqri, Minister of Economy of the Sultanate of Oman, who is on an official visit to Bulgaria. The two ministers discussed opportunities to develop economic relations between the two countries, with a […]

Bulgaria stands only to benefit from joining the eurozone. All available data indicates that, following a country’s accession to the eurozone, incomes tend to grow at a faster pace. This was stated by the Minister of Economy and Industry, Mr Peter Dilov, in an interview on bTV’s programme Face to Face. Dilov pointed out that […]

The European Parliament and the Council of the EU Vote on Bulgaria’s Accession to the Eurozone “Today, we stand on the threshold of a historic day – one that will be remembered not only in Bulgaria’s history, but also in that of Europe. Bulgaria is set to become the 21st country to adopt the euro […]

Romania is Bulgaria’s Second Largest Trade Partner within the EU Trade with Romania increased by 7% during the first quarter of 2025, while Bulgarian exports rose by 18.9%, compared to the same period last year. This was announced during a meeting between the Minister of Economy and Industry, Peter Dilov, and the Ambassador of Romania […]

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 […]