News

The opportunities for intensifying the economic cooperation between Bulgaria and Kosovo were discussed by the Minister for Economy and Industry Dr. Petko Nikolov and Dr. Artane Rizvanolli, Minister for Economy of the Republic of Kosovo. The two met within the Vienna Economic Forum taking place in Sofia. The ministers discussed the possibility of concluding an […]

Bulgaria has consolidated and continues to consolidate its role as an active participant in regional economic cooperation and its position as a key factor for stability and security in our region. This is what the Minister of Economy and Industry Dr Petko Nikolov said in his speech during the Vienna Economic Forum, which is held […]

The Trade and Economic Affairs Offices (TEAO) of the Bulgarian embassies and consulates abroad can be involved in the process of attracting highly qualified personnel from third countries to our country. This was said by Deputy Minister for Economy and Industry Nikolay Pavlov during a meeting of the Economic and Social Council (ESC), which discussed […]

With the entry into force in November 2023 of the Consumer Transport Compensation Act , persons producing petroleum products from crude oil originating in or exported from Russia are required to make monthly contributions to compensate consumers for transportation costs. The amount of the monthly contribution shall be determined by the Minister for Economy and […]

Petko Nikolov took office as caretaker Minister for Economy and Industry. He assured that there will be continuity in the activities of the department and will continue to work on the set priorities. The newly elected interim Minister for Economy and Industry Petko Nikolov accepted the post from Bogdan Bogdanov. Bogdanov recalled the management programme […]

Having taken the necessary legal action, nearly BGN 50 million has now been returned to the state by the contractor of the unrealised Government Complex. Several years ago, the project was awarded without a tender and without financial justification. This was stated by the outgoing Minister for Economy Bogdan Bogdanov in the programme ‘Face to […]

The European Commission has officially approved the Ministry of Economy and Industry’s project for the development of a National Industrial Strategy. The strategy will be developed with the full financial support of the EC, through the The Technical Support Instrument (TSI), under Regulation (EU) 2021/240 of the European Parliament and of the Council, within the […]

‘The Republic of Moldova is an important economic partner for Bulgaria, there is unrealised potential that will contribute to expanding cooperation between our countries.’ This was stated by Deputy Minister of Economy and Industry Irina Shtonova during the ninth session of the Intergovernmental Bulgarian-Moldovan Commission for Economic Cooperation. It was held after an eight-year hiatus […]

‘The European Commission has approved a conceptual project of the Ministry of Economy and Industry. Together we will build a single investment portal, which aims to unite all administrative activities around servicing potential investors in the country.’ This was announced by the Minister for Economy and Industry Bogdan Bogdanov in his speech during the forum […]

After an initial submission of more than 180 applications for the selection of new Economic Representatives in the Trade and Economic Affairs Offices (STIV) of Bulgaria, announced by the Ministry of Foreign Affairs, a total of 13 candidates successfully passed the procedure. Competitions were held in three areas — ‘European countries’; ‘CIS countries’; and ‘Asia, […]