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The main strategic priority of the Ministry of Economy and Industry is to increase the competitiveness of the Bulgarian economy and its overall transformation into a knowledge-based economy. This was stated by Deputy Minister of Economy and Industry Ivaylo Shotev during the 3rd Regional Conference on Innovation and Technology South East Europe ITS Summit 2023. […]

“There is already a plan for a full switch to non-Russian oil and it is by law, if Lukoil does not comply with, it will suffer sanctions. The state can enter the refinery with the commercial manager,” Economy Minister Bogdan Bogdanov said on TV show ”Face to Face”. The one-year deadline for the Russian oil […]

No steps have been taken in the last year regarding the derogation for import of Russian oil and oil products for processing in Lukoil Neftohim Burgas. There is no timetable and no concrete measures taken by the refinery. This is what Minister Bogdan Bogdanov told the media before the meeting of the economic committee. In […]

“In the next year and a half we will participate in several events that are aimed at the Bulgarian diaspora.” This is what the Minister of Economy and Industry Bogdan Bogdanov told the members of the Economic Committee in the National Assembly. According to him, the Ministry of Economy and Industry is creating conditions for […]

Deputy Minister of Economy and Industry Ivaylo Shotev visited one of the largest industrial investors in the country – Asarel-Medet AD. The Executive Director of the company Mr. Nikolay Peltekov presented the new equipment in the Asarel enrichment plant. Deputy Minister Shotev got acquainted with Bulgaria’s first installation for extraction and electrolysis of cathode copper […]

The attraction of strategic investments and the potential for new key projects were discussed by Minister of Economy and Industry Bogdan Bogdanov and President Rumen Radev. Minister Bogdanov said that the work on key projects for Bulgaria should be in sync between all institutions. He stressed on the need to ensure predictability for businesses in […]

“The Bulgarian side is ready to provide support to Vietnamese companies willing to invest in Bulgaria in sectors where we have advantages and in those that provide high added value and increased competitiveness of the economy.” This was stated by Deputy Minister of Economy and Industry Nikolay Pavlov at the opening of the Bulgarian-Vietnamese Business […]

A key aspect for Bulgaria is to achieve the right balance between the objectives of improving air quality and maintaining the competitiveness of the European automotive industry. This is what the Deputy Minister of Economy and Industry Ivaylo Shotev said at today’s meeting of the Competitiveness Council in Brussels. In his words, it is necessary […]

The order of the Court of Appeal, as the second instance in the interlocutory proceedings, is final and not subject to appeal In the case filed by the Minister of Economy and Industry Bogdan Bogdanov before the Sofia City Court, the second special request for seizure of 16, 314,400 registered dematerialised shares of the capital […]

In the first five months of this year alone, trade with Germany has already exceeded 5 billion euros Germany is Bulgaria’s largest strategic partner and the positive trend in trade between the two countries has been maintained in the first five months of this year, as it already exceeds 5 billion euros. This was stated […]