In 2022, arms exports increased with 200% and amounted to EUR 1.6 billion. The growth in revenues is 220% compared to 2020", Bulgaria’s Minister of Economy Bogdan Bogdanov said for BNT.
2022 is the second year of the last 15 years with the highest growth of investments in Bulgaria, Minister Bogdanov went on to say. The trend continues in 2023. In the first 4 months of 2023 investments increased with 60% year- on-year. Minister Bogdanov commented that every day he meets with international investors and local companies which aim to expand their production capacity and are optimistic about the forthcoming entry of Bulgaria into Schengen and the Eurozone. The greatest interest is in the regions with developed infrastructure such as Plovdiv and Burgas. Last year the coastal city ranked first in the country in terms of attracting foreign direct investments. We are working to establish Ruse, Pleven and Vidin in Northern Bulgaria as investment centers, Minister Bogdanov added.
The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission of thermal energy is 75.89 BGN/MWh (excluding excise duty and VAT), the company announced...
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3 and 5 BGN (EUR 1.5-2.5) per liter until the new harvest. The value of the small consumer basket,..
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year. As of September 30, 2024, the number of..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association..
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