News

Nationwide inspections of non-banking financial institutions are launched to ensure that they respect consumers’ rights under fast credit agreements. This was announced by the Minister of Economy and Industry Nikola Stojanov. As of today, teams of the Commission for Consumer Protection will start on-site inspections at the offices of these companies. In recent months, the […]

Strengthening regional cooperation between Bulgaria and Kazakhstan, and the importance of the Middle Corridor for the countries of the region. This was discussed during a meeting between the Minister of Economy and Industry Nikola Stojanov and the Ambassador of the Republic of Kazakhstan to Bulgaria H.E. Viktor Temirbayev. ‘Kazakhstan is a highly promising market, but […]

Deputy Minister of Economy and Industry Yanko Topalov presented the award to the winner in the category ‘Business Partner of the Year’ — Orbico Bulgaria EOOD. ‘One of the examples of successful and sustainable foreign investment in Bulgaria’. With these words Deputy Minister Topalov addressed the winner in the category ‘Business Partner of the Year’ — Orbico […]

Deputy Minister of Economy and Industry Dimitar Danchev participated in the opening ceremony of the 70th anniversary of the University of Food Technologies (UFT) in Plovdiv. ‘The food and beverage sector employs nearly 72 thousand people, which is 15% of those employed in the industry, making it a very important sector with a high share […]

It is of utmost importance that the state, business and academia join forces to find the right policy solutions to overcome the staffing problems. This was said by Deputy Minister of Economy and Industry Irina Shtonova during the opening of the Next Level HR 2023 forum. The event is organized for the second consecutive year […]

Poland is about to become another country that will pay licensing fees to Bulgaria for the right to produce Bulgarian yoghurt. This became clear during a meeting between the Executive Director of LB Bulgaricum Vladimir Rusev and the Chairman of the Board of Directors of Mlekovita Dariusz Sapinski. It is the largest Polish dairy company, […]

The largest Saudi investment in Bulgaria is expected to be launched within weeks. This became clear during a meeting between the Minister of Economy and Industry Nikola Stojanov and Mohammad Alhakbani, CEO of the Saudi company Tawal and representatives of his management team. They are in the process of purchasing 100% of BTC’s passive mobile […]

Minister of Economy and Industry Nikola Stojanov met with the Ambassador of the Islamic Republic of Iran H.E. Seyyed Mohammad Javad Rassouli, who is finishing his term in Bulgaria. They discussed the current state of economic relations between the countries, as well as the opportunities for trade and investment development. Minister Stojanov thanked the Iranian […]

This year, Bulgarian companies can apply for EUR 1.2 billion from the European Defence Fund. This became clear during an information event dedicated to the Fund, which was opened by the Minister of Economy and Industry Nikola Stojanov. Of this money, EUR 72 million is earmarked for projects by small and medium-sized enterprises, while another EUR 41 million will fund […]

Deputy Minister of Economy and Industry Yanko Topalov opened an international scientific conference dedicated to the 70th anniversary of the University of Chemical Technology and Metallurgy (UCTM). ‘The country’s metallurgical sector employs nearly 13,000 people and is a very important sector with a high share in the country’s economic indicators,’ Deputy Minister Topalov said. According […]