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Automotive Industry in Bulgaria with a Turnover of EUR 4.3 Billion

Automotive Industry in Bulgaria with a Turnover of EUR 4.3 Billion

The automotive industry in the country reports a turnover of EUR 4.3 Billion, accounting for 11% of the country’s GDP. This was announced by the Minister of Economy and Industry Nikola Stojanov during the official ceremony of the Investor of the Year Awards. He said that over 300 companies operated in the automotive sector last year, […]

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The Products of LB Bulgaricum Enter the Commercial Network of the Central Cooperative Union Throughout the Country

The Products of LB Bulgaricum Enter the Commercial Network of the Central Cooperative Union Throughout the Country

They will be offered at a minimal mark-up and retain prices from the state-owned company’s stores The products of LB Bulgaricum are entering the retail network of Central Cooperative Union (CCU) across the country and will be available at the prices of the company stores of the state-owned dairy company. This became possible today after […]

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Companies in the Food Industry Report Record Turnover for the Last 12 Years

Companies in the Food Industry Report Record Turnover for the Last 12 Years

Food and beverage companies have reported record turnover for the past 12 years, growing at over 36% year-on-year through 2022. This was said by Minister of Economy and Industry Nikola Stojanov during the forum ‘Yes! To Bulgarian food’. He added that more than 5,000 companies operate in the industry, employing about 70,000 people. ‘The food industry […]

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Deputy Minister Shtonova Attended the 70th Anniversary of the University of Chemical Technology and Metallurgy

Deputy Minister Shtonova Attended the 70th Anniversary of the University of Chemical Technology and Metallurgy

Deputy Minister of Economy and Industry Irina Shtonova attended the celebration of the 70th anniversary of the University of Chemical Technology and Metallurgy (UCTM) and the 20th anniversary of the National Research Centre ‘Bulgarian Hydrogen Society’. During the event, the President of the Republic of Bulgaria Rumen Radev was awarded with the honorary sign of […]

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Minister Nikola Stojanov Inaugurated an Investment Worth BGN 12 million in Bojurishte Industrial Park

Minister Nikola Stojanov Inaugurated an Investment Worth BGN 12 million in Bojurishte Industrial Park

Minister of Economy and Industry Nikola Stojanov inaugurated a new building of the production base of Multivac Bulgaria Production EOOD in the Industrial Park Bojurishte. The investment is worth nearly BGN 12 million and is expected to create 100 new jobs. ‘Each country can boast of individual large investments. The real indicator of the state of the […]

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The Information Website for the Presentation of the Prices of Basic Food Products Was Launched

The Information Website for the Presentation of the Prices of Basic Food Products Was Launched

The information website for monitoring the prices of some basic food products has been launched. The internet platform, which was presented by the Minister of Economy and Industry Nikola Stojanov and the Minister of Agriculture Yavor Gechev, is now available to all users at www.foodprice.bg. ‘For the first time, the data of so many institutions […]

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Minister Nikola Stojanov and the Japanese Ambassador Signed a Letter of Intent to Establish a Bulgarian-Japanese Dairy Science Centre

Minister Nikola Stojanov and the Japanese Ambassador Signed a Letter of Intent to Establish a Bulgarian-Japanese Dairy Science Centre

‘LB Bulgaricum and Japan’s Meiji will set up an R&D centre to develop new dairy and other products containing the bacterium Lactobacillus bulgaricus. Today the two companies signed a Letter of Intent and the commitment was confirmed at institutional level by the Minister of Economy and Industry Nikola Stojanov and the Ambassador of Japan H.E. […]

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The Advisory Council to the Minister of Economy and Industry Discussed a Mechanism for Operational Management of the Burgas Refinery in Case of Force Majeure Situations

The Advisory Council to the Minister of Economy and Industry Discussed a Mechanism for Operational Management of the Burgas Refinery in Case of Force Majeure Situations

The Consultative Council for Cooperation between the State Authorities and the Persons Carrying out Economic Activities Related to Oil and Products of Petroleum Origin under the Minister of Economy and Industry discussed today the mechanisms for the state to take over the operational management of the Burgas refinery in case of a force majeure situation. […]

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Deputy Minister Yanko Topalov Awarded the Grand Prize in the ‘Golden Cellar’ Contest

Deputy Minister Yanko Topalov Awarded the Grand Prize in the ‘Golden Cellar’ Contest

More than 55% of the arable vineyard area in Bulgaria is used for red wine production. This was announced by the Deputy Minister of Economy and Industry Yanko Topalov at the opening ceremony of the annual ‘Golden Cellar’ awards, organized by Exporter.bg. Yanko Topalov stressed that in 2021 the grapes produced will be nearly 180 thousand tonnes, […]

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Minko Angelov is Appointed Advisor at the Ministry of Economy and Industry

Minko Angelov is Appointed Advisor at the Ministry of Economy and Industry

From August 2022 to the present moment, Minko Angelov has been the Governor of Haskovo District. He has many years of experience and has held senior positions in regional and municipal administrations, having been Deputy Mayor in charge of European and national projects and programmes. In private business he has been involved in software and […]

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