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In 2023, we are celebrating 50 years of Bulgarian yogurt entering the Japanese market

In 2023, we are celebrating 50 years of Bulgarian yogurt entering the Japanese market

Next year marks half a century since Bulgarian yoghurt entered the Japanese market. In this regard, a programme of initiatives is being prepared to promote the anniversary, which was discussed at a meeting between the Minister of Economy and Industry Nikola Stoyanov and H.E. Hiroshi Narahira, Ambassador of Japan to Bulgaria. The conversation was held at the request of the diplomat.

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Deputy Minister Danchev participated in the opening of the Annual Meeting of the Presidents of the European Confederation of International Trading Houses Associations

Deputy Minister Danchev participated in the opening of the Annual Meeting of the Presidents of the European Confederation of International Trading Houses Associations

Revised NSI data show that in 2021, exports of goods and services from Bulgaria were over BGN 85 billion. This was announced by the Deputy Minister of Economy and Industry Dimitar Danchev in his address to the participants in the Annual Meeting of the Presidents of the European Confederation of International Trade House Associations (CITNA). […]

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Minister Nikola Stojanov participated in the annual meeting of the Non-Food Traders Association in Bulgaria

Minister Nikola Stojanov participated in the annual meeting of the Non-Food Traders Association in Bulgaria

Dialogue between business and the state is key to planning and implementing adequate economic policies. This was underscored by the Minister of Economy and Industry Nikola Stoyanov at the opening of an annual meeting of the Non-Food Traders Association.

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Minister Nikola Stojanov: More than 30 thousand new small and medium-sized enterprises are created in Bulgaria every year

Minister Nikola Stojanov: More than 30 thousand new small and medium-sized enterprises are created in Bulgaria every year

Over 30 thousand new small and medium-sized enterprises are created in Bulgaria every year. This was said by the Minister of Economy and Industry Nikola Stoyanov during the award ceremony of the winners of the “Large Small” competition.

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Minister Nikola Stojanov: 39 Bulgarian projects funded by the European Space Agency by 2021

Minister Nikola Stojanov: 39 Bulgarian projects funded by the European Space Agency by 2021

By the end of 2021, 39 Bulgarian projects have been funded by the European Space Agency. This was announced by the Minister of Economy and Industry Nikola Stoyanov during the ceremony “50 years Bulgaria – a space state”, organized by the Space Research and Technology Institute at the Bulgarian Academy of Sciences.

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Minister Nikola Stojanov: We are creating an investment map for Bulgaria’s reindustrialization

Minister Nikola Stojanov: We are creating an investment map for Bulgaria’s reindustrialization

Work has started on the creation of an investment map for the re-industrialisation of Bulgaria, which will be based on the raw materials extracted in the country. This was agreed between the Minister of Economy and Industry Nikola Stoyanov and the Bulgarian Chamber of Mining and Geology. According to him, Bulgaria has large amounts of underground wealth, which is currently being used entirely for export and these are lost benefits for the Bulgarian economy.

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Minister Nikola Stojanov: Bulgarian exports to the USA grew by over 50% last year

Minister Nikola Stojanov: Bulgarian exports to the USA grew by over 50% last year

Last year, Bulgarian exports to the USA grew by over 50% and amounted to nearly USD 1 billion. This was announced by the Minister of Economy and Industry Nikola Stoyanov at the opening of the International Conference “EXPLORE U.S.”. The event was also attended by Minister of Innovation and Growth Alexander Pulev, U.S. Assistant Secretary of State for Energy Resources Geoffrey Payette, President of the American Chamber of Commerce in Bulgaria Olivier Marquette, U.S. Ambassador to Bulgaria Herro Mustafa, Executive Director of the Executive Agency for the Promotion of Small and Medium Enterprises Boyko Takov and others.

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Minister Nikola Stojanov launches an initiative with foreign companies in Bulgaria to improve the business environment and encourage investment

Minister Nikola Stojanov launches an initiative with foreign companies in Bulgaria to improve the business environment and encourage investment

The first meeting of the “Breakfast with investors” format, which took place today, is with representatives of Austrian business and is organized with the assistance of the Embassy of Austria in Bulgaria.
The cumulative amount of foreign direct investment in Bulgaria at the beginning of 2022 exceeds EUR 50 billion. “Behind these numbers is the work of thousands of companies. We, as a state, are obliged to have a much more cooperative dialogue with them,” Minister Stoyanov stressed. According to him, it is very important to make these meetings regular because they provide a quick and direct form of communication for foreign businesses with the minister in charge. “It is key for us to hear first-hand the problems and future intentions of foreign investors in the country. This will assist us in the preparation of legislative changes and future development of industrial zones,” Nikola Stoyanov added at the opening of the event.

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After a 4-year hiatus, Minister Nikola Stojanov restored the work of the Light Industry Council

After a 4-year hiatus, Minister Nikola Stojanov restored the work of the Light Industry Council

It is unacceptable that the Light Industry Council has not met for 4 years and I hope that this will never happen again. With these words, the Minister of Economy and Industry Nikola Stoyanov opened today’s meeting. The Council is a permanent body of the Ministry of Economy and Industry and should hold regular meetings to discuss problems and identify government measures and policies. In recent years, however, its work has been suspended.

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Minister Nikola Stojanov: British investments in Bulgaria amount to nearly 2.3 billion euro

Minister Nikola Stojanov: British investments in Bulgaria amount to nearly 2.3 billion euro

British investments in Bulgaria amount to nearly 2.3 billion euros. This was announced by the Minister of Economy and Industry Nikola Stoyanov during a meeting with the British Trade Commissioner for Europe Chris Barton and the heads of 8 leading British high-tech companies. The meeting was organised by the British-Bulgarian Business Association (BBBA) and attended by a number of their members.
Minister Nikola Stoyanov presented the investment opportunities in our country and the priorities in the work of the Ministry of Economy. “For 2021, the bilateral trade between Bulgaria and the UK is worth nearly 930 million euros, of which two thirds is taken by Bulgarian exports,” he added and stressed that there is still untapped potential between the two countries.

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