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A New Salary Increase at LB Bulgaricum

A New Salary Increase at LB Bulgaricum

In line with the commitments made by the Minister of Economy and Industry, Dr. Petko Nikolov, and the Executive Director of LB Bulgaricum, Zhivko Zhivkov, to the employees at the company’s production facility in Vidin, the company has announced plans for a new salary increase to improve working conditions and remuneration. This increase will be […]

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Ministry of Economy and Industry’s National Company Industrial Zones Group Attracts Over BGN 450 Mln of Investments

Ministry of Economy and Industry’s National Company Industrial Zones Group Attracts Over BGN 450 Mln of Investments

This is documented in the caretaker government’s report under the Economics section. During the reporting period, the companies in the National Company Industrial Zones group, under the Ministry of Economy and Industry, secured investments exceeding BGN 450 million, leading to the creation of nearly 1,300 new jobs. In addition, National Company Industrial Zones has launched […]

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Minister Nikolov Meets with Representatives of the Management of Mondi Group Bulgaria

Minister Nikolov Meets with Representatives of the Management of Mondi Group Bulgaria

An invitation has been sent for a meeting with the company’s senior management to discuss the future of the paper mill in Stamboliyski. Following an invitation from the Minister of Economy and Industry, an official meeting took place at the Ministry between Dr. Petko Nikolov and representatives from Mondi Group’s management in Bulgaria. The discussion […]

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Deputy Minister Dr. David Sukalinski Attends the Ceremony for Honoring Distinguished Inventors in the Golden Book

Deputy Minister Dr. David Sukalinski Attends the Ceremony for Honoring Distinguished Inventors in the Golden Book

Dr. David Sukalinski, the Deputy Minister of Economy and Industry, participated in the 42nd ceremony for induction of distinguished inventors and discoverers into the Golden Book of the Patent Office of the Republic of Bulgaria. He awarded an honorary certificate for entry into the Golden Book to Prof. Dr. Eng. Avgust Yordanov Ivanov, who is […]

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Minister Nikolov Discusses the Creation of New Opportunities for the Development of Bilateral Relations between Bulgaria and Mongolia

Minister Nikolov Discusses the Creation of New Opportunities for the Development of Bilateral Relations between Bulgaria and Mongolia

Despite the geographical distance, Bulgaria and Mongolia have strong trade and economic ties, with many opportunities for further bilateral cooperation. The Minister of Economy and Industry, Dr. Petko Nikolov, said this during a meeting with Her Excellency Lkhagvasuren Sayanaa, Ambassador Extraordinary and Plenipotentiary of Mongolia to Bulgaria. They talked about potential areas for cooperation in […]

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Deputy Minister Nikolay Pavlov Participates in an Online Meeting with Newly Appointed European Commissioner for Trade and Economic Security Maroš Šefčovič.

Deputy Minister Nikolay Pavlov Participates in an Online Meeting with Newly Appointed European Commissioner for Trade and Economic Security Maroš Šefčovič.

The full accession of Bulgaria to the Schengen Area will greatly benefit trade, tourism, transport, and various other sectors. Deputy Minister of Economy and Industry, Nikolay Pavlov, said this during an online meeting with the newly appointed European Commissioner for Trade and Economic Security, Maroš Šefčovič. The meeting also included ministers and deputy ministers from […]

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Minister Nikolov: We will help identify interest from Bulgarian businesses for their future involvement in initiatives to revitalize Ukraine’s economy and infrastructure

Minister Nikolov: We will help identify interest from Bulgarian businesses for their future involvement in initiatives to revitalize Ukraine’s economy and infrastructure

In just the first six months of this year, our trade with Ukraine has reached nearly USD 1 billion, the Minister of Economy said. As a member of the European Union, Bulgaria must prioritize its support for Ukraine in its recovery, modernization, and integration efforts. The Minister of Economy and Industry, Dr. Petko Nikolov, said […]

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Deputy Minister David Sukalinski: The food and beverage industry is a crucial sector, making up about 14% of the nation’s industrial output

Deputy Minister David Sukalinski: The food and beverage industry is a crucial sector, making up about 14% of the nation’s industrial output

The sector employs over 74,000 people, making it one of the largest employers in our country. Agriculture and the food industry play a crucial role in the Bulgarian economy. Today’s event offers a platform to showcase Bulgarian food products, discuss the sector’s development, and boost its competitiveness. The Deputy Minister of Economy and Industry, David […]

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Deputy Minister Pavlov: A key priority for us is building a competitive industry by promoting new technologies.

Deputy Minister Pavlov: A key priority for us is building a competitive industry by promoting new technologies.

One of the main priorities of the Ministry of Economy and Industry is to develop a competitive industry by advancing new technologies, fostering innovation, and supporting high-tech companies. This goal cannot be reached without skilled personnel. Deputy Minister of Economy and Industry, Nikolay Pavlov, said this at the annual closing ceremony of the Huawei Technologies […]

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Minister Petko Nikolov: The Bulgarian economy is stable and experienced a 2.2% growth in the third quarter

Minister Petko Nikolov: The Bulgarian economy is stable and experienced a 2.2% growth in the third quarter

Amidst various ongoing crises and slowing growth in most European economies, the Bulgarian economy shows stability and growth. In the third quarter of 2024, our economy grew by 2.2% compared to the same period last year. Minister of Economy and Industry, Petko Nikolov, made this statement at the official ceremony for the annual economic achievement […]

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