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Deputy Minister Shotev visited one of the largest industrial investors in the country

Deputy Minister Shotev visited one of the largest industrial investors in the country

Deputy Minister of Economy and Industry Ivaylo Shotev visited one of the largest industrial investors in the country – Asarel-Medet AD. The Executive Director of the company Mr. Nikolay Peltekov presented the new equipment in the Asarel enrichment plant. Deputy Minister Shotev got acquainted with Bulgaria’s first installation for extraction and electrolysis of cathode copper […]

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Minister Bogdanov: Bulgaria could become a hub for the production of energy storage systems

Minister Bogdanov: Bulgaria could become a hub for the production of energy storage systems

The attraction of strategic investments and the potential for new key projects were discussed by Minister of Economy and Industry Bogdan Bogdanov and President Rumen Radev. Minister Bogdanov said that the work on key projects for Bulgaria should be in sync between all institutions. He stressed on the need to ensure predictability for businesses in […]

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Deputy Minister Nikolay Pavlov opened the Bulgarian-Vietnamese Business Forum

Deputy Minister Nikolay Pavlov opened the Bulgarian-Vietnamese Business Forum

“The Bulgarian side is ready to provide support to Vietnamese companies willing to invest in Bulgaria in sectors where we have advantages and in those that provide high added value and increased competitiveness of the economy.” This was stated by Deputy Minister of Economy and Industry Nikolay Pavlov at the opening of the Bulgarian-Vietnamese Business […]

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Deputy Minister Shotev: The balance between improving air quality and maintaining the competitiveness of the automotive industry is very important

Deputy Minister Shotev: The balance between improving air quality and maintaining the competitiveness of the automotive industry is very important

A key aspect for Bulgaria is to achieve the right balance between the objectives of improving air quality and maintaining the competitiveness of the European automotive industry. This is what the Deputy Minister of Economy and Industry Ivaylo Shotev said at today’s meeting of the Competitiveness Council in Brussels. In his words, it is necessary […]

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Court of Appeal – Sofia finally confirmed the seizure of the shares of Plovdiv Fair contributed in kind by Varna Municipality

Court of Appeal – Sofia finally confirmed the seizure of the shares of Plovdiv Fair contributed in kind by Varna Municipality

The order of the Court of Appeal, as the second instance in the interlocutory proceedings, is final and not subject to appeal In the case filed by the Minister of Economy and Industry Bogdan Bogdanov before the Sofia City Court, the second special request for seizure of 16, 314,400 registered dematerialised shares of the capital […]

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Deputy Minister Nikolay Pavlov: Germany is Bulgaria’s largest foreign economic partner

Deputy Minister Nikolay Pavlov: Germany is Bulgaria’s largest foreign economic partner

In the first five months of this year alone, trade with Germany has already exceeded 5 billion euros Germany is Bulgaria’s largest strategic partner and the positive trend in trade between the two countries has been maintained in the first five months of this year, as it already exceeds 5 billion euros. This was stated […]

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Deputy Minister Shotev inaugurated a new production facility and shared services office of a global leader in the prosthetics industry

Deputy Minister Shotev inaugurated a new production facility and shared services office of a global leader in the prosthetics industry

German manufacturer of high-tech medical devices “Ottobock” creates 100 new jobs in Sofia “Ottobock”, the world leader in the production of high-tech and bionic prostheses, has opened a new manufacturing site and global service centre in Sofia. The new investment in the capital is a step towards expanding the company’s production in Bulgaria and creating […]

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Bulgaria will seek to attract more Korean investments in high technology, automotive and healthcare

Bulgaria will seek to attract more Korean investments in high technology, automotive and healthcare

Bilateral trade with the Republic of Korea grew in the first 6 months In the first 6 months of this year, bilateral trade between Bulgaria and the Republic of Korea reached 163.4 million dollars, an increase of 10% compared to the same period last year. This was announced by Deputy Minister of Economy and Industry […]

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Bulgaria and Azerbaijan will look for new opportunities to promote bilateral economic relations

Bulgaria and Azerbaijan will look for new opportunities to promote bilateral economic relations

For the first five months of this year, Bulgarian export to Azerbaijan grew by nearly 40% Bulgaria and Azerbaijan will look for new opportunities to promote bilateral economic relations. This became clear during a meeting between the Deputy Minister of Economy and Industry Irina Shtonova and the Ambassador Extraordinary and Plenipotentiary of the Republic of […]

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Minister Bogdanov: Bulgaria’s accession to Schengen and the euro area will be key for the region and the EU as a whole

Minister Bogdanov: Bulgaria’s accession to Schengen and the euro area will be key for the region and the EU as a whole

Bulgaria’s accession to the Schengen area and its accession to the euro area will be a key moment for bilateral trade with the neighbouring countries and for the whole EU. This is one of the highlights in an interview of the Minister of Economy and Industry Bogdan Bogdanov for the Greek news agency ANA-MPA. Bogdan […]

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