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 their salaries will be reduced by half, the minister announced.
The State Consolidation Company manages a capital of over BGN 1 billion (more than EUR 500 million). Six out of eleven companies are inefficient. According to an analysis of the enterprises in the ministry's system, unjustified costs exceed EUR 347.68 million. Inefficient state-owned companies will be deprived of representation costs, and a limit of EUR 2556.46 per year will be introduced for the rest. A comprehensive analysis of all companies is pending. Business programmes for the period 2024-2026 will be also prepared. State Consolidation Company is a sole joint stock company with one hundred percent state ownership of its capital.
Two little lynxes, born on June 11 of this year, are enjoying themselves in the capital's Zoo, Sofia Zoo announced. Their mother Quanta comes from the Munich Zoo, and their father Morgul comes from Vienna's Schönbrunn. Eurasian lynxes are..
Police officers and citizens took part in a charity pedestrian procession in Burgas in memory of two employees of the Ministry of the Interior - Atanas Gradev and Yordan Iliev, who died on the road . Today marks 2 years since a bus carrying migrants hit..
About 40 parent organizations from across the country supported changes to the Preschool and School Education Act, banning the propaganda of non-traditional sexual orientation in schools. According to them, the Constitution allows the restriction of..
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading..
Bulgaria ranks second in the European Union in the number of companies with more than 40% Russian ownership, according to a survey by Moody's. The..
The Bulgarian Pavilion at this year's Venice Biennale is a great success among international journalists and visitors. "It is a great recognition for us to..
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