News

Our trade with the UK increased by over 127% in the first quarter of this year, compared to the same period in 2022. The activation and deepening of the economic relations between the two countries were discussed by the Minister of Economy and Industry Bogdan Bogdanov and the Ambassador of the United Kingdom of Great […]

VMZ’s deductions to the state will not affect its investment program, he said We will work for quality investment projects with high added value and easing the administrative burden for businesses. This was stated by the Minister of Economy and Industry Bogdan Bogdanov during a hearing of the Committee on Economic Policy and Innovation in […]

According to him, from now on there will be round-the-clock security by the Ministry of Interior around military enterprises and warehouses ‘In 2018, the Council of Ministers approved resources for the repair of dams, an initial amount of BGN 500 million, and now we understand that over BGN 100 million more than originally approved has been spent. We are […]

Trade turnover between the two countries reached EUR 12 billion in 2022. In the first quarter of 2023 alone, Bulgarian exports to Germany will exceed EUR 1.6 billion Germany was Bulgaria’s largest foreign trade partner last year. This was said by Deputy Minister of Economy and Industry Irina Shtonova in Burgas at the opening of the ‘Nearshoring and diversification […]

Deepening Bulgaria’s cooperation with the OECD is essential for Bulgaria’s small and medium-sized enterprises, which are the backbone of the Bulgarian economy. This was said by Minister of Economy and Industry Bogdan Bogdanov during a meeting of ministers from the Committee on SMEs and Entrepreneurship of the Organisation for Economic Co-operation and Development (OECD), which […]

The opportunities for intensifying and deepening the trade and economic cooperation between Bulgaria and Argentina were discussed by the Deputy Minister of Economy and Industry Irina Shtonova and Claudio Rosenzweig, Deputy Secretary for Foreign Policy at the Ministry of Foreign Affairs, International Trade and Religious Affairs of Argentina. The focus of the talks during the […]

Security measures should be updated, he pointed out The state has taken all necessary measures to increase the security of production and of the people in the arms factories. Currently, all the safety measures for the bases have been taken and there are additional levels of security that have been implemented for each of the […]

Trade with Belgium is growing, amounting to EUR 675.6 million in the first quarter of 2023, he said The Kingdom of Belgium is one of our traditional and important trading partners and Belgian companies are among the leading investors in Bulgaria. Belgian investments in our country amount to over EUR 2.6 billion. This was stated by Minister of […]

We need to use absolutely all possible sources to ensure a smooth transition to new energy resources so that business can operate in a competitive environment. Companies set themselves very ambitious goals and it is the state that has to provide the right environment and legislative framework. This was said by the Minister of Economy […]

The Minister of Economy and Industry Bogdan Bogdanov held a video-call with Ms. Yulia Sviridenko, First Deputy Prime Minister and the Minister of Economy of Ukraine. During the talks, the ministers discussed the possible participation of Bulgarian companies in the post-war reconstruction and reconstruction of Ukraine, as well as joint projects aimed at deepening bilateral […]