News

Our trade with Turkey grew by 9.2% in the first three months of the year The Minister of Economy and Industry Bogdan Bogdanov and the Ambassador of Turkey H.E. Eileen Sekizkök discussed intensifying economic cooperation and projects for new investments. The two discussed opportunities for mutual investment promotion and protection. They also discussed the sectors […]

Bulgaria has the potential to become a European hub for energy storage. This was announced by the Minister for Economy and Industry Bogdan Bogdanov at the Bulgarian-Korean Energy Forum, dedicated to improving cooperation in the field of sustainable energy transformation and energy security. The event, organized by the Atlantic Club, was attended by the newly […]

The construction of a new industrial zone in Stara Zagora is a priority for the Ministry of Economy and Industry ‘With every such project we open, we are one step forward towards the technological modernisation of Bulgaria’, said Minister for Economy and Industry Bogdan Bogdanov, who opened a new plant for the production of high-tech, […]

The Minister for Economy and Industry Bogdan Bogdanov held an online meeting with the Austrian Minister of Labour and Economy Martin Kocher, where they discussed the opportunities for more active economic cooperation and the expected benefits for investors and businesses from the accession of Bulgaria to Schengen. Minister Bogdanov stressed that our country’s accession to […]

A global manufacturer of high-tech, critical components for automotive and industrial applications will invest in new production facilities in Ruse. GEBAUER & GRILLER GROUP with headquarters in Vienna and will work as a supplier for the Bavarian automotive industry. The planned investment amounts to nearly BGN 60 million (EUR 29 million) and is expected to gradually create around 400 […]

Deputy Minister Shtonova talked with representatives of one of the leading German organizations ‘Arbeiter-Samariter-Bund’ (ASB), which works in the field of philanthropy and social assistance. ‘The Federal Republic of Germany is a major foreign trade partner of Bulgaria, it is very important that the cooperation between us is not only in the economic sphere, but […]

A global manufacturer of high-tech, critical components for automotive and industrial applications will invest in new production facilities in Ruse. GEBAUER & GRILLER GROUP with headquarters in Vienna and will work as a supplier for the Bavarian automotive industry. The planned investment amounts to nearly BGN 60 million (EUR 29 million) and is expected to […]

‘As of 2022, exports of specialised arms production have increased by 200%. This is about 1.6—1.7 billion euros or about 220% growth compared to 2020.’ He pointed out that the industry is evolving and the goal is to continue its development as well as the modernization of production. ‘We are also trying to provide a […]

After the completion of the ordered inspections, work will begin on the rehabilitation and restructuring of the public enterprises under the Ministry of Economy and Industry Two investment projects in the automotive sector worth over BGN 100 million are being launched this month in the regions of Stara Zagora and Ruse, where two new plants will be […]

A German company invests in a software development centre in Sofia and will create 100 new jobs The German- Indian joint venture company is investing EUR 1.5 million initially in a software development centre in Sofia and will gradually create nearly 100 new jobs for highly qualified IT specialists in the country. This became clear […]