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The Ministry of Economy and Industry, together with its partner institutions, is working to protect consumers and support businesses. To ensure a smooth transition between the two currencies, the Ministry places regular and targeted communication with all stakeholders at the core of its efforts. This was stated by the Deputy Minister of Economy and Industry, […]

The Deputy Minister of Economy and Industry, Dontcho Barbalov, attended the official signing of a contract for the delivery and long-term maintenance of 25 electric trains, which are expected to arrive in Bulgaria within two years. The event took place as part of the Day of Czech Statehood, organized by the Embassy of the Czech […]

Ministers discuss the proposal to establish a European Competitiveness Fund The Minister of Economy and Industry, Peter Dilov, took part in the regular meeting of the Competitiveness Council of the European Union, in its Internal Market and Industry configuration, held in Brussels. During the session, ministers examined the proposal for the creation of a European […]

Improving the competitiveness of Bulgarian companies is among our main priorities “Our primary responsibility is to help Bulgarian businesses adapt more quickly to the conditions of the Eurozone. The single European currency will make it easier for small and medium-sized enterprises (SMEs) to access European markets, will make trade faster and cheaper, and will make […]

In 2024 the output of enterprises in the sector generated nearly 24% of the value of Bulgarian exports,” she underlined The importance of energy-intensive industries for the Bulgarian economy is considerable. They account for around 5% of gross value added (GVA) at national level and more than 15% of value in the industrial sector. This […]

“Bulgarian industry plays an exceptionally important role in the country’s economy. In 2024 its contribution to GDP reached 22.5%, making it one of the key drivers of economic development and of improving the prosperity of the national economy,” stated Deputy Minister of Economy and Industry Dontcho Barbalov at the opening of the 79th International Technical […]

“For us, the most important task during the introduction of the euro is to protect the interests of Bulgarian citizens and to ensure that no one is disadvantaged,” stated Deputy Minister of Economy and Industry Dontcho Barbalov in Veliko Tarnovo, during an information meeting held as part of the National Information Campaign on the introduction […]

We are working on long-term policies that will guarantee the competitiveness of Bulgarian industry, announced the Minister The Bulgarian economy continues to demonstrate stability and sustainable growth. According to the latest data from the National Statistical Institute (NSI) and Eurostat, gross domestic product grew by 3.4 per cent year-on-year in the second quarter and expanded […]

The introduction of the euro is currently one of the government’s priority topics. At the Ministry of Economy and Industry we are monitoring a number of goods that generate costs for businesses, as well as interest rates. So far, we do not see conditions that would give rise to concern. This was stated by Deputy […]

Boosting trade between Bulgaria and China, as well as expanding Bulgarian exports to the Chinese market, were the main topics of discussion during the 18th Session of the Bulgaria–China Intergovernmental Commission for Economic Cooperation, held in Sofia. The meeting was co-chaired by the Minister of Economy and Industry, Peter Dilov, and the Vice Minister of […]