News

Czech investments in Bulgaria total nearly half a billion euros. The Minister of Economy and Industry, Peter Dilov, held a meeting with the leadership of the newly established Bulgarian-Czech Chamber of Commerce. The discussion focused on opportunities to strengthen bilateral economic relations between Bulgaria and the Czech Republic. “In recent years, our economic ties have […]

Regulators have commenced their supervisory activities to prevent any abuse during the introduction of the single currency. This was stated by Deputy Minister of Economy and Industry Dontcho Barbalov during one of Bulgaria’s most prominent economic forums, “The Sound of Money” 2025, which brought together representatives of institutions, businesses, the banking sector, and others. During […]

The Minister of Economy held a meeting with the Secretary-General of the OECD, Mr Mathias Cormann. “Bulgaria’s accession to the OECD is a key priority, and all necessary steps have been taken to complete the process. The reforms we are undertaking as part of the accession process will serve as a guarantee for building trust […]

The Minister of Economy took part in the OECD Council’s annual ministerial meeting. The Minister of Economy and Industry, Peter Dilov, participated in the annual meeting of the Council of the Organisation for Economic Co-operation and Development (OECD) at ministerial level, held in Paris, France. The Minister of Economy is part of the Bulgarian delegation […]

The bilateral trade between Bulgaria and India reached USD 424 million in 2024. Deputy Minister of Economy and Industry, Dontcho Barbalov, participated in the Bulgarian-Indian Business Forum, organised by the Bulgarian Chamber of Commerce and Industry, in partnership with the Embassy of the Republic of India and the Federation of Indian Export Organisations. “The stable […]

An 8% salary increase at the state-owned company effective from 1 July  Base salaries at VMZ-Sopot will be increased by 8 % starting from 1 July this year. This was announced today following a meeting of the Board of Directors of the state-owned enterprise under the Ministry of Economy and Industry. The pay raise was agreed […]

Bilateral trade in 2024 amounted to €2.29 billion, with Bulgarian exports to Hungary registering a growth of over 4%. The Third Plenary Session of the Joint Commission for Economic Cooperation concluded successfully with the signing of a bilateral protocol, reaffirming the strategic partnership between Bulgaria and Hungary. The document was signed on the Bulgarian side […]

The issue of labour shortages is of crucial importance to economic development. We have established a working group aimed at improving access for third-country nationals to the Bulgarian labour market and have identified measures and actions to accelerate and simplify the relevant procedures. This was stated by Nevena Lazarova, Deputy Minister of Economy and Industry, […]

For 2024, trade turnover amounted to nearly half a billion US dollars. The Minister of Economy and Industry, Peter Dilov, held a meeting with H.E. Dong-bae Kim, Ambassador of the Republic of Korea to Bulgaria. The two discussed bilateral trade and economic cooperation, as well asways to boost investment between the two countries. “Korea is […]

Bulgaria’s accession to the Eurozone will undoubtedly have a positive impact on the economy, on individuals, on businesses, and on the Bulgarian state as a whole. The facts show that on 1 January 2026, following the potential adoption of the euro, Bulgaria will wake up approximately 2 billion richer. This was stated by the Minister […]