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Minister Loukarsky names STARTUP Company of the Year in the IT sector

Minister Loukarsky names STARTUP Company of the Year in the IT sector

Minister of Economy Bojidar Loukarsky named the most successful STARTUP Company of the Year at the Bulgarian Association of Information Technologies (BAIT) award ceremony. The prize in this category went to Transmetriks AD. The company applies Big Data concept in cargo industry to improve the capacity through forecasting future volumes of shipments.

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Bulgaria is preparing for the upcoming visit by Azerbaijani business delegation

Bulgaria is preparing for the upcoming visit by Azerbaijani business delegation

A large business delegation from Azerbaijan will visit Bulgaria aiming to acquaint with investment opportunities in our country, the Ambassador of Azerbaijan, His Excellency Emil Karimov, proposed at a meeting held today with Minister of Economy Bojidar Loukarsky. He recalled that several high level visits of Bulgarian delegations to Baku to present a number of projects have been paid over the last 3-4 years.

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Minister Loukarsky names Telerik for the acquisition by American company Progress Software

Minister Loukarsky names Telerik for the acquisition by American company Progress Software

“The ambition of Svetozar, Vasil, Boyko and Hristo created a truly innovative and successful company. Its recent acquisition by Progress Software for the incredible sum of $265.5 M is a precedent not only for Bulgaria but the entire region. Telerik has become one of the hottest topics and a reason for national pride.”

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Ambassador Isakov recommends Minister Loukarsky to strengthen Bulgaria’s commercial presence in the Russian regions

Ambassador Isakov recommends Minister Loukarsky to strengthen Bulgaria’s commercial presence in the Russian regions

“We must look for innovative approaches to develop trade and economic relations between Russia and Bulgaria.” That was invoked by Yuriy Isakov, Ambassador Extraordinary and Plenipotentiary of the Russian Federation to the Republic of Bulgaria, during a meeting with Minister of Economy Bojidar Loukarsky held today.

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Minister Loukarsky discusses measures to promote the employment of sight impaired people

Minister Loukarsky discusses measures to promote the employment of sight impaired people

Minister of Economy Bojidar Loukarsky discussed the main problems that limit professional fulfillment and raise the level of employment among sight impaired people at a meeting held today with representatives of the Union of the Blind in Bulgaria (UBB).

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Pakistan proposes to create a commerce incubator in Bourgas

Pakistan proposes to create a commerce incubator in Bourgas

Minister of Economy Bojidar Loukarsky and Pakistani Ambassador Muhammad Jamshaid Iftikhar have discussed at a meeting today the creation of a commerce incubator in the coastal city of Bourgas, which will serve all of Europe. The idea behind the incubator is to take advantage of Bulgaria’s favourable geographic location, being the closest EU Member State to Pakistan via land, and to increase trade between Pakistan and Europe

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Bulgarian-Japanese Economic Forum presents opportunities to invest in Bulgaria

Bulgarian-Japanese Economic Forum presents opportunities to invest in Bulgaria

Opportunities for boosting trade and economic relations between Bulgaria and Japan were discussed at the Bulgarian-Japanese Economic Forum held in the Ministry of Economy today. Deputy Ministers Lyuben Petrov and Daniela Vezieva, Evegeni Ivanov, Executive Director of Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), Atanas Nenov, CEO of National Company Industrial Zones PLC, Anelia Baklova, Marketing Director of the Bulgarian Investment Agency (BIA) took part in a discussion with representatives of the Japanese business.

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Deputy Ministers of Economy Daniela Vezieva and Lyuben Petrov meet with representatives of over 50 interbranch organisations

Deputy Ministers of Economy Daniela Vezieva and Lyuben Petrov meet with representatives of over 50 interbranch organisations

Deputy Ministers of Economy Daniela Vezieva and Lyuben Petrov met with representatives of over 50 sector organizations, members of the Bulgarian Industrial Association (BIA) and the Management Board of the BIA , which hosted and organized the meeting.

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Blue Card issuance to be speed up requested the IT industry at a meeting with Minister Loukarsky

Blue Card issuance to be speed up requested the IT industry at a meeting with Minister Loukarsky

To speed up the procedure for issuing the so-called “Blue Card” to allow work and residence permit in Bulgaria for foreign specialists in the field of high technology. That was insisted by representatives of professional organizations of the IT sector at a meeting with Minister of Economy Bojidar Loukarsky held today. Currently, the Bulgarian high technologies market suffers from a great hunger for such specialists but the procedure for granting a permit takes from 6 to 9 months, which is not functional, the sector said. Their data reveal that only two Blue Cards to computer specialists were issued last year. According to industry, a change in the Bulgarian Citizenship Act is required to shorten the procedure up to a month.

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Minister Loukarsky: Bulgaria will work to attract more Italian investors

Minister Loukarsky: Bulgaria will work to attract more Italian investors

“We will do our best to enhance the interest of Italian investors in Bulgaria.” This was stated by Minister Loukarsky at a meeting with the Ambassador of Italy in Bulgaria Hon. Marco Konticheli. According to the Italian Ambassador, the Italian associations have demonstrated a strong presence in Bulgaria being currently represented by more than 1,000 companies. Both Minister Loukarsky and Ambassador Konticheli desire to attract new investment in the country through joint efforts. This will reinforce the leading position of Italy as a key trade partner and a major investor in our country.

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