Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian Mining, Geology Chamber: sector sees upsurge

Photo: BGNES

The mining industry in Bulgaria has reported the highest average productivity in the industry and the highest average wage across the country, the Chairman of the Bulgarian Chamber of Mining and Geology Prof. Nikolay Valkanov said. He pointed to the low incidence of accidents at work, to billions of investments in the sector in the recent years and reported 97 M of tons in output, 4% of GDP, 25,000 jobs and 8000 euro as an average annual pay.

The sector sees an upsurge, there are no fatalities at work and this is very good. We have close to 5 billion leva (2.5 billion euro) investments in the sector”, the Chamber’s Chairman Nikolay Valkanov also said. He added he was optimistic about its future in connection with a favorable decision for Bulgaria regarding the enhanced criteria of the European Commission for ecological standards in coal mining that threatened this country’s thermal power plants.

There are signals that Bulgaria will be given the chance to rescheduling until it complies with the EC criteria, Valkanov explained and predicted 12% in sector growth this year.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Court allows DPS - New Beginning of Delyan Peevski to run in elections

The Supreme Administrative Court has overturned as unlawful the Central Election Commission's refusal to register the Movement for Rights and Freedoms - New Beginning coalition (one of the two factions of the DPS) for the 27 October parliamentary..

published on 9/11/24 4:22 PM

Consumer Protection Commission bans all sales of Energy Sniff in Bulgaria

The Commission for Consumer Protection has ordered the immediate withdrawal from the market of two products known as energy sniff, which are inhaled through the nose and are an alternative to energy drinks. The products have been identified as a serious..

published on 9/11/24 2:55 PM

Bulgarian Parliament extends negotiations with Ukraine on Russian nuclear equipment by six months

With the votes of GERB, We Continue the Change (PP-DB) and the Movement for Rights and Freedoms (DPS), Parliament decided to extend by 180 days the negotiations between the Bulgarian Energy Minister and his Ukrainian counterpart on the sale to Ukraine of..

published on 9/11/24 2:36 PM