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Bogdan Bogdanov

The State Consolidation Company has put up state-owned companies as credit collateral, economy minister says

After Bulgaria joins the Schengen area and the Eurozone we expect the GDP to go up by 5% in the first 1-2 years, said Minister of Economy Bogdan Bogdanov for public service TV BNT. He pointed out that the most important mission for 2024..

09.01.24 12:05 |

Economy Minister dismisses the management of the State Consolidation Company

Bulgaria’s Minister of Economy Bogdan Bogdanov dismissed the executive director and the board of directors of the State Consolidation Company, which manages the enterprises in the system of the ministry . The new management is temporary and..

28.08.23 16:12 |
Nikolay Marinov

Scandal rocks state-owned dairy company

The CEO of the state-owned dairy company LB Bulgaricum Nikolay Marinov was dismissed abruptly from the post. The State Consolidation Company, which owns LB Bulgaricum, is accusing Marinov of using imported raw material of reduced quality in the..

22.02.23 19:18 |
Kiril Petkov (L) and Violeta Komitova (R)

Two ministers provide additional information about illegal construction and repair works

Three sections of Hemus motorway and 10 repaired dams are illegal, announced Bulgaria’s caretaker Minister of Regional Development and Public Works Violeta Komitova and this country’s caretaker Minister of Economy Kiril Petkov.  Today, Minister..

09.09.21 15:13 |
Kiril Petkov

Economy Minister Kiril Petkov demands resignations at VMZ Sopot weapons factory

Minister of Economy Kiril Petkov demanded the resignation of 4 out of the 5 members of the board of directors of VMZ Sopot arms and ammunition manufacturer, as well as of the Executive Director of the State Consolidation Company, which the military..

19.08.21 14:00 |
Interim Economy Minister Kiril Petkov

That is corruption: Interim Economy Minister Kiril Petkov about dam repairs

Minister of Economy in the caretaker government Kiril Petkov stated, in an interview for bTV, that he will approach the prosecutor’s office over dam repairs with financing from the State Consolidation Company. “That is corruption”,   he said,..

12.06.21 12:43 |
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