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Minister Dilov and the UAE Ambassador to Bulgaria discussed enhancing bilateral economic relations

Minister Dilov and the UAE Ambassador to Bulgaria discussed enhancing bilateral economic relations

In 2024, bilateral trade reached 257.7 million US dollars, an increase of approximately 6% compared to 2023. The Minister of Economy and Industry, Peter Dilov, held a meeting with His Excellency Abdulrahman Al-Jaber, the Ambassador Extraordinary and Plenipotentiary of the United Arab Emirates to Bulgaria. The two discussed ways to strengthen bilateral trade and economic […]

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Deputy Minister Pavlov: Currency Conversion Must Follow the Official Fixed Exchange Rate

Deputy Minister Pavlov: Currency Conversion Must Follow the Official Fixed Exchange Rate

A month after Bulgaria received the green light to join the Eurozone, all retailers are now required to display prices in both leva and euros. This was explained by Deputy Minister of Economy and Industry Nikolay Pavlov in an interview for the Bulgarian National Radio programme “Before All”. “The Ministry of Economy and Industry is […]

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Minister Dilov: Bulgaria Could Become a Regional Hub for Research and Development

Minister Dilov: Bulgaria Could Become a Regional Hub for Research and Development

Bulgaria has all the prerequisites to become a regional centre for development activity and innovation. This was stated by the Minister of Economy and Industry, Peter Dilov, who took part in an official ceremony announcing the expansion of the Technical Engineering Centre in Sofia of the leader in automation and innovation, the German company Festo. […]

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Deputy Minister Pavlov: We Are Working to Create Conditions for a Better Business Environment

Deputy Minister Pavlov: We Are Working to Create Conditions for a Better Business Environment

According to a survey by the French-Bulgarian Chamber of Commerce and Industry, most companies, members of the organisation, consider Bulgaria an attractive country for investment Our key priorities are creating conditions for a better business environment, accelerating the investment process, implementing more targeted incentives for business, and, last but not least, reducing the administrative burden. […]

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Minister Dilov: Bulgarian-French Economic Relations Show Positive Development

Minister Dilov: Bulgarian-French Economic Relations Show Positive Development

Direct investments from France in our country amount to nearly €1.5 billion. In recent years, Bulgarian-French economic relations have demonstrated positive development. Trade with France exceeded €2.616 billion in 2024. This was announced during a meeting between the Minister of Economy and Industry, Peter Dilov, and His Excellency Mr. Joël Meyer – Ambassador of France […]

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Minister Dilov: Bulgaria attaches strategic importance to its economic relations with Romania

Minister Dilov: Bulgaria attaches strategic importance to its economic relations with Romania

In 2024, our country has a positive trade balance with Romania, with trade amounting to €7.35 billion. Peter Dilov, Minister of Economy and Industry, held a meeting with the President of the Bulgarian-Romanian Chamber of Commerce, Viktor Gugushev. The Deputy Minister of Transport and Communications, Angel Zaburtov, also participated. During the meeting, the state and […]

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Minister Dilov: We are working to ensure a transparent and stable business environment 15.04.2025

Minister Dilov: We are working to ensure a transparent and stable business environment 15.04.2025

German companies have invested over €4 billion in Bulgaria. We strive to implement policies to support investors and ensure a transparent and stable business environment. We are working to maintain economic and financial stability in the country, to increase the competitiveness of the Bulgarian economy and to stimulate investment. This was stated by the Minister […]

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Minister Dilov: Holding the first session of the Joint Committee with Saudi Arabia will give new impetus to bilateral economic relations

Minister Dilov: Holding the first session of the Joint Committee with Saudi Arabia will give new impetus to bilateral economic relations

In 2024, bilateral trade increased by 16% compared to 2023, reaching nearly $250 million The Minister of Economy and Industry, Peter Dilov, held a meeting with His Excellency Mr. Rami Alotaibi, Ambassador Extraordinary and plenipotentiary of the Kingdom of Saudi Arabia to Bulgaria. The two discussed organising the upcoming first session of the Joint Committee […]

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Deputy Minister Pavlov meets with representatives of the European Commission in Bulgaria

Deputy Minister Pavlov meets with representatives of the European Commission in Bulgaria

Deputy Minister of Economy and Industry, Nikolay Pavlov, held a meeting with Sofia Muñoz Albarran, Director of Resources, Inter-institutional Relations, Communication and Civil Society, and representatives of the European Commission in Bulgaria. It took place at the Ministry of Economy and Industry and was attended by experts from the institution, representatives of business circles and […]

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Minister Dilov: Bulgaria’s accession to the OECD will strengthen investor confidence and contribute to economic growth

Minister Dilov: Bulgaria’s accession to the OECD will strengthen investor confidence and contribute to economic growth

The Minister of Economy presented our country’s readiness for accession to the OECD Trade Committee. The benefits for Bulgaria from joining the OECD are indisputable. I am confident that adopting the organization’s values and best practices will send a strong signal to trade partners and international investors. This will guarantee their trust, increase our country’s […]

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