News

The State Consolidation Company has not yet paid the dividend due by law to the State Budget of the Republic of Bulgaria. This is the initial information from the analysis of the current state of the institution. According to a preliminary individual financial report, the amount that did not enter the state budget is over BGN 12 million.

A priority for us is the rehabilitation and development of state-owned companies in the system of the Ministry of Economy and Industry. This was said by Minister Nikola Stoyanov in the “The Day Begins” programme on BNT 1. According to him, a loss of more than 100 million was allowed only in VMZ for 2 months.

The Ministry of Economy and Industry received a signal about mass dismissals in the Consumer Protection Commission (CPC) and appointments to key positions without competition. The signal states that 6 of the heads of territorial directorates were released in a short period of time, which risks blocking the activity of the control body.

Or first-priority task is to prepare the economy for the coming winter. This was said by the Minister of Economy and Industry, Nikola Stoyanov, during the presentation of the priorities of the ministry he leads. According to him, the main topics for businesses and households are the increased prices of fuel and electricity, as well as the security of gas supplies, and they will be the focus of the institution’s agenda

Activating the work of trade attachés abroad, improving the conditions for doing business in the country, deepening the dialogue between employers and the state. These were the main topics at the meeting between the Minister of Economy and Industry Nikola Stoyanov and Tsvetan Simeonov, the President of the Bulgarian Chamber of Commerce and Industry

More effort to increase productivity in the economy is the best mechanism to raise the incomes of employed people. This was said by the Minister of Economy and Industry, Nikola Stoyanov, who held meetings with the leaders of the two national trade union organisations – the Confederation of Independent Trade Unions of Bulgaria (CITUB) and the Confederation of Labour “Podkrepa”.

I will enhance every ongoing initiative in the Ministry of Economy and Industry, my actions will be guided entirely by the legal provisions and I will not compromise with any breach of law. This was said by the Interim Minister of Economy and Industry Nikola Stoyanov during the ceremony of taking office in the institution. He emphasised that he will work closely with business and unions, and key priorities for him are transparency and dialogue.

When the entrepreneurship and the innovations meet the professionalism, results are achieved. “In Bulgaria, the circular economy is rapidly developing, despite the difficult pandemic situation”. This was stated by the Minister of Economy Daniela Vezieva, today in the city of Plovdiv, at the opening of the first innovative fabric in Europe for biodegradable edible coffee cups.

A Bulgarian company for the development of space nanotechnology and a company for manufacturing of electric cars have received investment certificates. The certificates were granted by Bulgaria’s caretaker economy minister Kiril Petkov. The two companies have invested a total of 142 million euro in their operation in Bulgaria.

I am extremely proud that a German maker of electric cars of the future will base its main production in Bulgaria. This sentiment was shared by Minister of Economy Kiril Petkov, who signed with Next.e.GO Mobile SE the paperwork finalising a procedure to launch the company’s investment project in Bulgaria.