News

Attracting foreign investment, opening new markets, providing personnel for business are among the main priorities to continue the economic development of the country ‘A top priority for us is the future of the state-owned enterprises under the umbrella of the State Consolidation Company (SCC) and the more than 5,550 people working in them. We are […]

The state will repay its loan to the BDB, which will release all state-owned companies that have been pledged as collateral and ensure that jobs in them are preserved Forty-five million BGN has already been refunded to the State Consolidation Company (SCC) account by the company that was awarded the project for the unrealised government […]

12% of the candidates who applied to be Bulgaria’s new sales representatives abroad are compatriots living outside the country. This shows the analysis of the profile of candidates participating in the competition for commercial attachés in the 23 vacancies announced by the Ministry of Economy and Industry in 21 countries around the world. The selection […]

A large-scale investment of more than EUR 600 million in the field of manufacturing critical components for the automotive industry is expected to be implemented in early 2024 in Bulgaria. At present, the Western European investor, which has several production locations in Europe and experience in Bulgaria, is considering with the state two options to locate […]

Six priority projects have been approved in the last month The Bulgarian economy is developing well, we are currently seeing record growth in foreign direct investment. This is what Bogdan Bogdanov, the Minister of Economy, said in the programme ‘Hello, Bulgaria’ on ‘Nova TV’. ‘Nearly BGN 7 billion were invested in the first 10 months […]

The European Commission has approved a grant under the Fair Transition Fund under the Development of Regions Programme 2021-2027 in the amount of about BGN 2.3 billion for Stara Zagora, Kyustendil and Pernik, as well as municipalities adjacent to Stara Zagora. The government’s priority now is to get these already approved funds to the regions […]

One of the largest American companies in Bulgaria modernizes its plant in Razgrad Foreign direct investments in Bulgaria for the first ten months of the current year alone recorded a significant growth and reached nearly EUR 3.4 billion. They increase by more than EUR 1.1 billion compared to those for January-October 2022, with the year-on-year growth […]

10 to 40% reduction reported on some staple foods for the first month of the campaign In just the first month since the start of the ‘Affordable for you’ initiative, there has been a price reduction of at least 10% on some of the main food items, and in some products it has reached up […]

Hungary is an important economic partner of Bulgaria and the two countries have the potential to deepen their cooperation in the automotive industry, infrastructure projects, high-tech companies and start-ups. This was pointed out by the Minister of Economy and Industry Bogdan Bogdanov, who met with the Ambassador of Hungary in Bulgaria H.E. Mr. Miklos Boros. […]

The number of signals against the activities of the CPC has increased by over 60% this year, compared to 2022 and 2021. The Minister of Economy and Industry Bogdan Bogdanov lowered confidence and asked for the resignations of the management of the Consumer Protection Commission, which is appointed in September 2022. The Economy Minister held […]