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Investments for over BGN 70 Million Start in the Industrial Zone — Kostinbrod

Investments for over BGN 70 Million Start in the Industrial Zone — Kostinbrod

Investments amounting to BGN 70 million are launched in the Industrial Zone — Kostinbrod. This became clear during the visit of the Minister of Economy and Industry Nikola Stoyanov to the zone. So far, private companies have invested over BGN 200 million in the Kostinbrod area and have created hundreds of new jobs. The Minister of Economy visited […]

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Nikola Stoyanov: Nearly EUR 4 Billion Are the Investments from French and Italian Companies in Bulgaria

Nikola Stoyanov: Nearly EUR 4 Billion Are the Investments from French and Italian Companies in Bulgaria

Foreign direct investments made by French and Italian companies in Bulgaria amount to nearly 4 billion euros. This was announced by the Minister of Economy and Industry Nikola Stoyanov during a joint event organized by the French-Bulgarian Chamber of Commerce and Industry and Confindustria Bulgaria. In his words, this value is a clear sign of […]

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Nikola Stoyanov: We Have Reversed The Rate of Inflation Despite Record Highs in August 2022

Nikola Stoyanov: We Have Reversed The Rate of Inflation Despite Record Highs in August 2022

The caretaker cabinet has reversed the rate of inflation, despite the record high levels we saw in early August last year. This was announced by the Minister of Economy and Industry Nikola Stoyanov during the government report today. He added that in October 2022, for the first time in the last 18 months, a decline in inflation […]

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Japanese-Bulgarian R&D Centre in Bulgaria to develop new dairy products

Japanese-Bulgarian R&D Centre in Bulgaria to develop new dairy products

A Japanese-Bulgarian R&D Centre, which will be set up, is planned to develop new dairy and other products containing the bacterium Lactobacillus bulgaricus. This was discussed at a meeting between the Minister of Economy and Industry Nikola Stoyanov and H.E. Hiroshi Narahira, Ambassador of Japan in Bulgaria, and representatives of the Meiji company, who are […]

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Nikola Stoyanov: Fuel Prices in Bulgaria Have Fallen by about 20% in the Last 5 Months

Nikola Stoyanov: Fuel Prices in Bulgaria Have Fallen by about 20% in the Last 5 Months

Fuel prices in Bulgaria have fallen by about 20% in the last 5 months. This was announced by the Minister of Economy and Industry Nikola Stoyanov in the studio of the Nova TV morning block. He presented data comparing fuel prices in several European countries for the period from August 2022 to date. It shows […]

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Bulgaria and Saudi Arabia with a Joint Investment Promotion Agreement

Bulgaria and Saudi Arabia with a Joint Investment Promotion Agreement

Bulgaria and Saudi Arabia will sign an Agreement for the Promotion and Mutual Protection of Investments. This became clear during a meeting between the Minister of Economy and Industry Nikola Stoyanov and the Minister of Investment of Saudi Arabia Khalid Al-Falih. Minister Stoyanov handed his Saudi counterpart the draft agreement, prepared by the Bulgarian side, […]

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Saudi Company Interested in Investing in the Construction of the Largest Dairy Farm in Bulgaria

Saudi Company Interested in Investing in the Construction of the Largest Dairy Farm in Bulgaria

A joint project with the state-owned LB Bulgaricum is being prepared and the finished product will be exported to the Gulf as a priority. Saudi Arabia is interested in a joint investment in the construction of a dairy farm in Bulgaria, with the potential for it to become the largest in the country and the […]

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Bulgaria and Saudi Arabia Will Sign a Memorandum in the Field of Economy to Promote More Projects Between the Two Countries

Bulgaria and Saudi Arabia Will Sign a Memorandum in the Field of Economy to Promote More Projects Between the Two Countries

More than ⅓ of all Saudi investments in the country were made in 2021 A Memorandum of Understanding is being prepared between the Bulgarian Ministry of Economy and Industry and the Saudi Ministry of Economy and Planning. This was discussed at a meeting between Bulgarian Ministers Nikola Stoyanov and Alexander Pulev and Saudi Arabian Minister […]

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Minister Nikola Stoyanov Presented Bulgaria at the Largest International Forum for the Mining Industry

Minister Nikola Stoyanov Presented Bulgaria at the Largest International Forum for the Mining Industry

The experience of Bulgarian companies and the achievements of our mining industry were presented by the Minister of Economy and Industry Nikola Stoyanov during the international conference ‘Future Minerals Forum’. This is one of the most significant economic events in the Middle East and is expected to be the largest global forum in the mining […]

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Minister Stoyanov: Our Trade with Switzerland Exceeds Half a Billion Euros

Minister Stoyanov: Our Trade with Switzerland Exceeds Half a Billion Euros

Our trade with Switzerland in 2021 exceeds half a billion euros, marking an increase of over 22%. This became clear during a meeting between the Minister of Economy and Industry Nikola Stoyanov and the Ambassador of the Swiss Confederation N. Pr. Raymund Fuhrer. ‘I am confident that the organization of meetings to present the conditions […]

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