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Blue Card issuance to be speed up requested the IT industry at a meeting with Minister Loukarsky

Blue Card issuance to be speed up requested the IT industry at a meeting with Minister Loukarsky

To speed up the procedure for issuing the so-called “Blue Card” to allow work and residence permit in Bulgaria for foreign specialists in the field of high technology. That was insisted by representatives of professional organizations of the IT sector at a meeting with Minister of Economy Bojidar Loukarsky held today. Currently, the Bulgarian high technologies market suffers from a great hunger for such specialists but the procedure for granting a permit takes from 6 to 9 months, which is not functional, the sector said. Their data reveal that only two Blue Cards to computer specialists were issued last year. According to industry, a change in the Bulgarian Citizenship Act is required to shorten the procedure up to a month.

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Minister Loukarsky: Bulgaria will work to attract more Italian investors

Minister Loukarsky: Bulgaria will work to attract more Italian investors

“We will do our best to enhance the interest of Italian investors in Bulgaria.” This was stated by Minister Loukarsky at a meeting with the Ambassador of Italy in Bulgaria Hon. Marco Konticheli. According to the Italian Ambassador, the Italian associations have demonstrated a strong presence in Bulgaria being currently represented by more than 1,000 companies. Both Minister Loukarsky and Ambassador Konticheli desire to attract new investment in the country through joint efforts. This will reinforce the leading position of Italy as a key trade partner and a major investor in our country.

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Stamen Yanev is the new Executive Director of InvestBulgaria Agency

Stamen Yanev is the new Executive Director of InvestBulgaria Agency

Stamen Yanev is the new Executive Director of InvestBulgaria Agency, designated by the Minister of Economy Bojidar Loukarsky and coordinated with the Prime Minister Boyko Borisov.

Mr. Yanev is a lawyer, specialized in mergers and acquisitions, as well as in the field of investment.

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Germany again will be able to consider applications for providing investment guarantees for Bulgaria

Germany again will be able to consider applications for providing investment guarantees for Bulgaria

The Federal Government and the Government of the Republic of Bulgaria welcomed an agreement reached between two parties to resolve the open economic issue that affects federal investment guarantees for projects in Bulgaria. As a result, Germany again will be able to consider applications for providing investment guarantees for Bulgaria. This way we are creating conditions for more complex economic cooperation between both countries.

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Minister Loukarsky: Ukraine is an alternative market for Bulgarian products in terms of sanctions on Russia

Minister Loukarsky: Ukraine is an alternative market for Bulgarian products in terms of sanctions on Russia

“Currently, Bulgarian exporters are suffering serious loss due to the economic policies implemented by Russia of restricting the Bulgarian products access to the Russian market”. This was stated by Minister of Economy Bojidar Loukarsky during a meeting with the Ambassador of Ukraine Mykola Baltazhi.

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Minister Loukarsky: IBA and ASME to set up regional offices in Plovdiv

Minister Loukarsky: IBA and ASME to set up regional offices in Plovdiv

” InvestBulgaria Agency (IBA) and Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA) will set up regional offices in Plovdiv.” Thas was stated by the Minister of Economy Bojidar Loukarsky after a meeting held with the Mayor of Plovdiv Ivan Totev, the District Governor Rosalyn Petkov and the mayors of the region associated with Trakia Economic Zone (TEZ).

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Decreasing regulations was demanded by the Aurubis management at a meeting with Minister Loukarsky

Decreasing regulations was demanded by the Aurubis management at a meeting with Minister Loukarsky

The issue of reducing administrative burdens and regulations for the businesses was raised by the management of leading German company Aurubis at a meeting held today with Minister of Economy Bojidar Loukarsky. The meeting was attended by the Senior Vice President of the company Wolf Gerkens, the Executive Directors Tim Kurth and Georgi Nikolov, as well as experts of the company.

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Minister of Economy Bojidar Loukarsky to participate in a meeting which will be held tomorrow in Plovdiv Municipality for the development of Trakia Economic Zone

Minister of Economy Bojidar Loukarsky to participate in a meeting which will be held tomorrow in Plovdiv Municipality for the development of Trakia Economic Zone

The Minister of Economy Bojidar Loukarsky will attend a meeting, which will be held tomorrow, 01.16.2014 (Friday), in Plovdiv Municipality concerning the development of Trakia Economic Zone.

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Minister Loukarsky to award certificates for the grand funds allocated to assist the approved applicants under the Project Technostart

Minister Loukarsky to award certificates for the grand funds allocated to assist the approved applicants under the Project Technostart

The Minister of Economy Bojidar Loukarsky will award certificates for the grand funds allocated to 19 approved applicants ranked in the national competition for the project Technostart – Encouragement of innovation activitiy of young people in Bulgaria

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BIA requests decreasing the administrative burden on businesses at a meeting with Minister Loukarsky

BIA requests decreasing the administrative burden on businesses at a meeting with Minister Loukarsky

The Ministry of Economy should tackle with the highest priority in reducing administrative burdens and regulations on business. That was insisted by the management of the Bulgarian Industrial Association (BIA) during a meeting with the Minister of Economy Bojidar Loukarsky held today. We should restore the society right in its relations with the administration, called the Chairman of the Board of Directors at the BIA Sasho Donchev.

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