News

For the 2022/2023 academic year, 90 employers have expressed their willingness to hire students in 13 professional fields and to open jobs for 730 students. This was announced to the media by the Minister of Economy and Industry Nikola Stoyanov at the University of National and World Economy. He was a guest at the official opening of the new academic year at the university.

We expect our bilateral trade with Romania to exceed €7 billion by the end of the year. This was announced by the Minister of Economy and Industry Nikola Stoyanov at the opening of a Bulgarian-Romanian business forum in Ruse today. More than 100 companies from both countries took part in the forum.
“In 2021, we have achieved an increase in commodity trade of nearly 40%,” Minister Nikola Stoyanov stressed, adding that the upward trend remains for the first 5 months of 2022, approaching 55% for the period.

Minister of Economy and Industry Nikola Stoyanov opened the school year at the 91st German Language School “Prof. Konstantin Galabov”, where he completed his secondary education.
He wished the students and faculty a successful school year that will be fully attended. “My advice to all students is to respect your teachers and listen to them because they are the people who have dedicated their profession to your future,” Minister Stoyanov said.

Seventy-four percent of companies in the country use natural gas, and only 37% can replace it with an alternative fuel. This was announced by the Minister of Economy and Industry Nikola Stoyanov at the opening of the specialized exhibition “MachTech & InnoTech Expo 2022”. The data are from a survey of Bulgarian businesses conducted by the ministry in August, which aimed to give an up-to-date picture of business needs.

At a meeting at the Ministry of Economy and Industry, Minister Nikola Stoyanov and the Ambassador of the Islamic Republic of Iran to the Republic of Bulgaria H.E. Seyyed Mohammad Javad Rasouli discussed the opportunities for cooperation in the energy sector. The discussion was a continuation of the search for all opportunities to ensure the diversification of our country.

CACIAF have been alerted to a conflict of interest of Eli Spasova – Head of the Cabinet (until August 2022) of Deputy Prime Minister Ninova.
Bulgaria is one of the few countries that can get additional gas from Azerbaijan before the winter. As a matter of urgency a scheme has been developed, which has already been proposed and supported in principle by the Asian country, which envisages the implementation of a barter – electricity for blue fuel. This was announced by the Minister of Economy and Industry Nikola Stoyanov on the air of BNT. This week he visited Azerbaijan, where the scheme was proposed and discussed.

Intentionally or due to carelessness, during the previous management of the State Consolidation Company, documents have disappeared, because of which the state will probably lose BGN 75 million. The facts show that the previous executive director of the Company, Smilyana Nitova, tried to cover up the act.
This was announced at a press conference by the newly appointed management of the State Consolidation Company, which was attended by Atty. Ventsislav Dimitrov and Ivan Zagonchev.

New areas for strengthening trade and economic relations between Bulgaria and Azerbaijan are being explored. Today the Minister of Economy and Industry of the Republic of Bulgaria Nikola Stoyanov held meetings with the Minister of Economy Mikail Jabbarov and the Minister of Defence Industry Madat Guliyev in Baku.

The companies in the system of the Ministry of Economy and Industry have concluded contracts for legal services for more than BGN 400 000 with one particular law firm. This shows an inspection of the Ministry. Most of the contracts were signed between June and August, on the principle of direct negotiation, and many of them have serious clauses for early termination penalties.

Bulgarian exports to the United Arab Emirates are double the counter-imports. This was emphasized by the Minister of Economy and Industry Nikola Stoyanov at the opening of a business forum organized by the Abu Dhabi Chamber of Commerce. The event is part of the programme of the Bulgarian delegation led by President Rumen Radev, which includes government and business representatives. The forum was attended by 15 Bulgarian and 30 local companies.