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EUR 1.1 billion investment in battery production for electric vehicles creates over 1,000 jobs in the country

EUR 1.1 billion investment in battery production for electric vehicles creates over 1,000 jobs in the country

The state will help any investor who decides to create value in Bulgaria. We will undertake incentives — financial and non-financial, because it is high time Bulgaria to be a worthy partner of large investment projects. This was stated by the Minister of Economy and Industry Bogdan Bogdanov in the programme ‘More from the Day’ of […]

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Ministry of Economy and Industry appeals court rulings harming SCC

Ministry of Economy and Industry appeals court rulings harming SCC

Actions have been taken to recover funds from the Bulgarian State Minister of Economy and Industry Bogdan Bogdanov has taken action to recover financial losses for the State Consolidation Company EAD (SCC) generated in previous years. These include the losses for the repairs and reconstructions of the dams, for the unrealized government complex, and for […]

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Minister Bogdanov discussed the implementation of joint projects with the management of a Korean technology giant

Minister Bogdanov discussed the implementation of joint projects with the management of a Korean technology giant

Our country has all the prerequisites to become a regional hub for development The Minister of Economy and Industry Bogdan Bogdanov discussed new possible areas of cooperation and the implementation of joint projects with the Vice President of a Korean technology giant. The company is a global innovation leader and manufacturer of industrial electronic components […]

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Deputy Minister Shtonova: Bulgaria is already recognized as a centre for information technology development

Deputy Minister Shtonova: Bulgaria is already recognized as a centre for information technology development

Bulgaria has the available capacity and sufficient expertise to be recognised as a centre for IT development. We are among the countries with the fastest internet in the world and with a modern technology park. This was stated by Deputy Minister of Economy and Industry Irina Shchonova at a forum ‘Cooperation for Regional Development and […]

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Minister Bogdanov discussed investment opportunities in Bulgaria in the automotive and energy sectors with representatives of Korean companies

Minister Bogdanov discussed investment opportunities in Bulgaria in the automotive and energy sectors with representatives of Korean companies

The Minister of Economy and Industry invited Korean investors to industrial zones in the country to successfully enter the European market Bulgaria is becoming a hub for the production of critical components for electric vehicles and energy storage systems. At present, 90% of cars produced in Europe use critical components made in our country. This […]

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Minister Bogdanov: Bulgaria has the potential to become a hub for energy storage systems

Minister Bogdanov: Bulgaria has the potential to become a hub for energy storage systems

Bulgaria and South Korea to sign Memorandum on Bilateral Trade and Investment Promotion Bulgaria and South Korea will sign a Memorandum on bilateral trade and investment promotion. This was agreed at a meeting in Seoul between the Minister of Economy and Industry Bogdan Bogdanov and the Minister of Trade, Industry and Energy of the Republic […]

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Minister Bogdanov: Bulgaria and Japan open a new page in their bilateral relations

Minister Bogdanov: Bulgaria and Japan open a new page in their bilateral relations

The Minister of Economy and Industry discussed with his Japanese counterpart cooperation in the fields of innovation, digitalization and the IT sector New key priorities to be developed between Bulgaria and Japan in the coming years were discussed during a meeting in Tokyo between Minister of Economy and Industry Bogdan Bogdanov and his Japanese counterpart […]

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Minister Bogdanov: LB Bulgaricum and Meiji to set up joint research lab

Minister Bogdanov: LB Bulgaricum and Meiji to set up joint research lab

In Tokyo, Minister of Economy and Industry participated in the official celebration of the 50th anniversary of the first sale of Bulgarian yoghurt in Japan It is important for us that our partnership not only continues to promote Bulgarian yoghurt in the markets of Japan and the Asian region, but also that we are able […]

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Minister Bogdanov: It is important to keep businesses competitive

Minister Bogdanov: It is important to keep businesses competitive

Bogdanov participates in an online meeting of EU Economy Ministers and Commissioner Breton It is important to ensure affordable electricity prices for businesses so that they can maintain and build on their competitiveness. This was stated by Minister of Economy and Industry Bogdan Bogdanov during an online meeting with EU Internal Market Commissioner Thierry Breton […]

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Deputy Minister Shotev: Turnover of services in the digital sector grows by 20%

Deputy Minister Shotev: Turnover of services in the digital sector grows by 20%

Digitalization is among the challenges facing the Bulgarian economy The turnover index in information and communication technology services in Bulgaria in the second quarter of this year increased by 20% year-on-year. This was announced by Deputy Minister of Economy and Industry Ivaylo Shotev during a conference organized by the Bulgarian Association of Software Companies (BASSCOM). […]

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