News

The Minister for Economy and Industry Bogdan Bogdanov held an online meeting with the Austrian Minister of Labour and Economy Martin Kocher, where they discussed the opportunities for more active economic cooperation and the expected benefits for investors and businesses from the accession of Bulgaria to Schengen. Minister Bogdanov stressed that our country’s accession to […]

A global manufacturer of high-tech, critical components for automotive and industrial applications will invest in new production facilities in Ruse. GEBAUER & GRILLER GROUP with headquarters in Vienna and will work as a supplier for the Bavarian automotive industry. The planned investment amounts to nearly BGN 60 million (EUR 29 million) and is expected to gradually create around 400 […]

Deputy Minister Shtonova talked with representatives of one of the leading German organizations ‘Arbeiter-Samariter-Bund’ (ASB), which works in the field of philanthropy and social assistance. ‘The Federal Republic of Germany is a major foreign trade partner of Bulgaria, it is very important that the cooperation between us is not only in the economic sphere, but […]

A global manufacturer of high-tech, critical components for automotive and industrial applications will invest in new production facilities in Ruse. GEBAUER & GRILLER GROUP with headquarters in Vienna and will work as a supplier for the Bavarian automotive industry. The planned investment amounts to nearly BGN 60 million (EUR 29 million) and is expected to […]

‘As of 2022, exports of specialised arms production have increased by 200%. This is about 1.6—1.7 billion euros or about 220% growth compared to 2020.’ He pointed out that the industry is evolving and the goal is to continue its development as well as the modernization of production. ‘We are also trying to provide a […]

After the completion of the ordered inspections, work will begin on the rehabilitation and restructuring of the public enterprises under the Ministry of Economy and Industry Two investment projects in the automotive sector worth over BGN 100 million are being launched this month in the regions of Stara Zagora and Ruse, where two new plants will be […]

A German company invests in a software development centre in Sofia and will create 100 new jobs The German- Indian joint venture company is investing EUR 1.5 million initially in a software development centre in Sofia and will gradually create nearly 100 new jobs for highly qualified IT specialists in the country. This became clear […]

The Minister of Economy and Industry Bogdan Bogdanov and representatives of the managements of the organizations — members of the Association of the Bulgarian Employers’ Organizations (AOBR) — the Bulgarian Industrial Capital Association (AIKB), Bulgarian Industrial Association (BSK), the Bulgarian Chamber of Commerce and Industry (BTPP) and the Confederation of Employers and Industrialists in Bulgaria (KRIB), who […]

The Minister of Economy and Industry Bogdan Bogdanov and the Ambassador of Kazakhstan to Bulgaria H. E.  Viktor Temirbayev discussed the opportunities for intensifying economic cooperation between the two countries. One of the areas of interaction is the production of green hydrogen, it became clear during the meeting at the Ministry of Economy and Industry. […]

In the first quarter Bulgarian exports to EU countries amounted to EUR 7.5 billion. Since the beginning of this year, only for the period January—March 2023, Bulgarian exports to EU countries are worth EUR 7.5 billion, which is 65% of our total exports. This is an increase of 5% year-on-year compared to the same period in 2022. This was said […]