In 2024, the priority is the future of state-owned enterprises, through restructuring or perhaps closing the State Consolidation Company, Minister of Economy Bogdan Bogdanov said at a briefing.
State enterprises can no longer exist in this form, because of corruption practices. We are considering options so that we don't lose jobs. The goal is to direct state-owned enterprises towards clean technologies and circular economy, defense and aerospace technology, bio-technologies, important minerals, metals and raw materials, the minister said. He reported a record growth of 3.5 billion euros in foreign investments for the first 10 months of 2023 and an investment intention of over 1.1 billion euros in Plovdiv, Stara Zagora and Burgas. Work is also underway in relation to another possible investment of over 600 million euros in the automotive sector, Minister Bogdanov added.
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..
A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..
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..
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