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“The targets set in Europe for the green transition should not be at the expense of business. We need to maintain and build on the competitiveness of Bulgarian business”. This was said by the Minister of Economy and Industry Bogdan Bogdanov during a round table “European regulations for zero emissions. Turning Bulgaria’s challenges into a […]

In recent years, the textile industry has been one of the most dynamic sectors that requires innovation and new good ideas. More than 6.6% of the value added of the manufacturing industry is in the clothing sector and 1.8% is in the textile sector. This was stated by Deputy Minister of Economy and Industry Ivaylo […]

“Bulgarian exports of machinery and equipment show an increasing trend. According to the BNB, in 2022 exports of machinery and apparatus has grown by 30% compared to the previous year.” With these words the Deputy Minister of Economy and Industry Ivaylo Shotev opened the 14th edition of the largest international exhibition in Bulgaria ­ MachTech&InnoTech […]

The greenhouse gas intensity of electricity generation varies considerably between Member States. Bulgaria, together with Poland, Estonia and Cyprus, is among the most carbon-intensive countries. Achieving climate neutrality by 2050 requires dramatic reductions in emissions from electricity generation and consumption. This was said by the Deputy Minister of Economy and Industry Nikolay Pavlov at the […]

“We have been actively working to create conditions for the implementation of prepared young people in Bulgaria, as well as to bring back our compatriots from abroad to work in our country.” This was stated by the Minister of Economy and Industry Bogdan Bogdanov , who took part in the official opening ceremony of the […]

Deputy Minister Shotev expressed support for all business representatives, for the implementation of more investment projects, for the creation of new jobs and for the provision of a better and more predictable environment for Bulgarian and foreign companies. For the Ministry of Economy and Industry, it is crucial to ensure predictability and support in providing […]

Bulgaria maintains its economic stability and is increasingly establishing itself as a place with a secure and favourable investment climate. This was announced by the Deputy Minister of Economy and Industry Irina Shtonova during the Annual Conference of the Deputy Prime Minister and Minister of Foreign Affairs Maria Gabriel with the heads of the overseas […]

The main strategic priority of the Ministry of Economy and Industry is to increase the competitiveness of the Bulgarian economy and its overall transformation into a knowledge-based economy. This was stated by Deputy Minister of Economy and Industry Ivaylo Shotev during the 3rd Regional Conference on Innovation and Technology South East Europe ITS Summit 2023. […]

“There is already a plan for a full switch to non-Russian oil and it is by law, if Lukoil does not comply with, it will suffer sanctions. The state can enter the refinery with the commercial manager,” Economy Minister Bogdan Bogdanov said on TV show ”Face to Face”. The one-year deadline for the Russian oil […]

No steps have been taken in the last year regarding the derogation for import of Russian oil and oil products for processing in Lukoil Neftohim Burgas. There is no timetable and no concrete measures taken by the refinery. This is what Minister Bogdan Bogdanov told the media before the meeting of the economic committee. In […]