News

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 […]

The Deputy Minister of Economy participated in the 28th World Investment Conference in Riyadh. The investment and trade relations between Bulgaria and the Kingdom of Saudi Arabia possess significant potential for development. Bulgarian businesses can serve as reliable partners in the execution of joint investment projects across various sectors. These sectors include agriculture and the […]

For the first six months of the current year, trade with Hungary amounts to nearly EUR 1.2 billion, the Minister of Economy stressed. Hungary is among Bulgaria’s key partners in the fields of trade and investment. In 2023, the trade exchange between the two countries reached nearly EUR 2.3 billion, and for the first half […]

The Ministry of Economy and Industry will continue to work towards implementing commercial models that protect the rights and economic interests of consumers. Deputy Minister of Economy and Industry, Dr. David Sukalinski, said this during the official presentation of the Economic Impact Assessment of Lidl Bulgaria’s activities in 2023. In his statement, Dr. Sukalinski highlighted […]

The Bulgarian economy demonstrates stability and has grown by 2.2% in the third quarter, he stressed. Export is one of the primary drivers of any economy. In this regard, the Ministry’s efforts are focused on opening new markets for Bulgarian businesses, which will create opportunities to diversify Bulgaria’s exports and mitigate the negative economic impacts […]

Deputy Minister of Economy and Industry Dr. David Sukalinski participated in the ceremony for the presentation of the Annual Awards of the Bulgarian Hotel and Restaurant Association (BHRA). During the ceremony, Deputy Minister Sukalinski commended all participants for their achievements, skills, and adaptability in overcoming various challenges and difficulties over the years. He stated, “It […]

Expanding access to markets in third countries must remain a primary priority of the EU’s trade policy. This objective can be achieved not only through free trade agreements but also through other forms of trade and economic partnerships. Deputy Minister of Economy and Industry, Nikolay Pavlov, said this during the regular meeting of the Foreign […]

The food and beverage industry is among the most important and strategic sectors of the Bulgarian economy. It provides a significant share of Bulgaria’s gross domestic product and plays a crucial role in sustainable development, public health, and the quality of life. Deputy Minister of Economy and Industry, Dr. David Sukalinski, said this at the […]

Bavaria ranks 37th among Bulgaria’s trading partners In recent years, economic relations between Bulgaria and Bavaria have developed very dynamically. Bavaria is among the three German federal states with the largest investment presence in Bulgaria and the highest share in bilateral trade. The Deputy Minister of Economy and Industry Nikolai Pavlov said this in his […]

LB Bulgaricum presented its latest development, a lactose-free probiotic ayran, at the largest food exhibition in Bulgaria. The food industry has a pronounced export potential. Since 2010, food exports have been growing steadily, with an overall increase of 244% between 2010 and 2023. In 2023 alone, food exports are worth BGN 11.2 billion and are […]