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Deputy Prime Minister Alexander Poulev: We Prevented a Fuel Market Collapse and Shortages

Deputy Prime Minister Alexander Poulev: We Prevented a Fuel Market Collapse and Shortages

“To protect the national interest and the interests of Bulgarian citizens, under the auspices and strong leadership of Prime Minister Rumen Radev, we achieved two major victories. First, we prevented a collapse and shortages in the country’s fuel market. Second, we prevented a sharp surge in prices for consumers.” This was stated by Deputy Prime […]

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Licence for LUKOIL to Continue Operations in Bulgaria Is Extended

Licence for LUKOIL to Continue Operations in Bulgaria Is Extended

The licence allowing business operations involving LUKOIL Group companies in Bulgaria has been extended. The UK Treasury’s Office of Financial Sanctions Implementation (OFSI) has extended the licence until 29 October 2026. The extension is the result of active dialogue at government level, under the auspices of Prime Minister Radev and in coordination with Bulgaria’s Ministry […]

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Deputy Minister Yakimov: The Thracian Trade and Logistics Centre Will Provide Further Impetus to Economic Relations Between Bulgaria and Türkiye

Deputy Minister Yakimov: The Thracian Trade and Logistics Centre Will Provide Further Impetus to Economic Relations Between Bulgaria and Türkiye

Bulgaria and Türkiye have the potential to further develop their economic, trade and investment partnership. Bilateral trade is reaching record levels. This was stated by Deputy Minister of Economy, Investments and Industry Krasimir Yakimov during the presentation of the Thracian Trade and Logistics Centre project at Trakia Economic Zone in Plovdiv. “Bulgaria is home to […]

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Deputy Prime Minister Poulev to CEAO: Attracting Investment and Bringing an Economic Focus to Foreign Policy Are Key Government Priorities

Deputy Prime Minister Poulev to CEAO: Attracting Investment and Bringing an Economic Focus to Foreign Policy Are Key Government Priorities

“We must support Bulgarian businesses and do everything possible to integrate Bulgarian companies into supply and value chains at regional and global level.” This was stated by Deputy Prime Minister and Minister of Economy, Investment and Industry Alexander Poulev at the opening of the annual meeting of the heads of the Commercial and Economic Affairs […]

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Deputy Prime Minister Poulev: We Will Include All Necessary Instruments for Regional Growth in the 2027 Budget

Deputy Prime Minister Poulev: We Will Include All Necessary Instruments for Regional Growth in the 2027 Budget

Vidin and the region have significant industrial potential, while transport connectivity is paramount to attracting investment and creating jobs “We will include all the necessary instruments for regional growth in the 2027 Budget, with a clear financial rationale and specific forms of support. This will be a budget that demonstrates and reflects our policies and […]

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Deputy Prime Minister Poulev: Investment in Infrastructure and Industrial Zones Must Be a Catalyst for Regional Growth

Deputy Prime Minister Poulev: Investment in Infrastructure and Industrial Zones Must Be a Catalyst for Regional Growth

The Ministry of Economy, Investment and Industry is preparing a new Public-Private Partnerships Act to mobilise private capital for strategic infrastructure Among our key priorities are more effective management of EU funds, reducing the administrative burden, enhancing the competitiveness of small and medium-sized enterprises and accelerating industrialisation. The Government already has the necessary instruments to […]

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Deputy Prime Minister Poulev and Chinese Ambassador Discuss New Opportunities for Investment and Industrial Partnership

Deputy Prime Minister Poulev and Chinese Ambassador Discuss New Opportunities for Investment and Industrial Partnership

Chinese companies are showing growing interest in investing in Bulgaria, the meeting heard “We want relations between Bulgaria and China to develop on the basis of tangible economic results – more investment, modern industry, new technologies and sustainable partnership. This is precisely our shared objective,” said Deputy Prime Minister and Minister of Economy, Investment and […]

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Deputy Minister Levent Memish: The National Industrial Strategy Will Set Out the Long-Term Vision for the Development of Bulgarian Industry

Deputy Minister Levent Memish: The National Industrial Strategy Will Set Out the Long-Term Vision for the Development of Bulgarian Industry

Deputy Minister of Economy, Investments and Industry Levent Memish opened the closing event of the project “Analytical Support for the Development of a National Industrial Strategy for the Manufacturing and Extractive Industries”, implemented with the support of the European Commission’s Technical Support Instrument (TSI). The closing event marked the completion of the analytical phase of […]

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Deputy Prime Minister Poulev: We Are Providing All the Necessary Instruments to Support the Development of Industry and the Regions

Deputy Prime Minister Poulev: We Are Providing All the Necessary Instruments to Support the Development of Industry and the Regions

Shumen is a key industrial hub for Northern Bulgaria, with new investments worth over EUR 200 million currently under way in the Industrial Zone Deputy Prime Minister and Minister of Economy, Investments and Industry Alexander Poulev met with representatives of investor companies operating in Shumen Industrial Zone. The discussions focused on the region’s development prospects, […]

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Deputy Prime Minister Alexander Poulev: We Have Not Abandoned the Reduction of Remuneration in State-Owned Enterprises – It Is Our Reform

Deputy Prime Minister Alexander Poulev: We Have Not Abandoned the Reduction of Remuneration in State-Owned Enterprises – It Is Our Reform

Deputy Prime Minister and Minister of Economy, Investment and Industry Alexander Poulev said in an interview on the Bulgarian National Television (BNT) programme Govori Sega (Speak Now) that the Government remains firmly committed to reforming the governance of state-owned enterprises. The reform provides for reducing the number of members of boards of directors and introducing […]

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