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

State-owned dairy company LB Bulgaricum will not be privatized, economy minister says

Photo: BTA

The only state-owned company in the dairy sector LB Bulgaricum is again operating at maximum capacity, and using 100% Bulgarian milk, said Minister of Economy Bogdan Bogdanov who visited the LB Bulgaricum factory in Vidin.

He was categorical that the company is not going to be privatized. It will be a priority for the government to renovate the entire factory and to bring in young people to work there, he said. In Minister Bgdanov’s words, under the previous company management ineffective decisions have been made leading to massive losses for the company, and in the past few months it has been working at 60% of its production capacity. Thanks to its cooperation with the Japanese company Meiji, the LB Bulgaricum science centre will also continue its work.



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

Code Yellow alert for hot weather issued for 21 Bulgarian districts

It will be sunny on Monday. Clouds will form over the northern, central and northeastern parts of the country in the afternoon and the evening with a chance of brief showers. There will be conditions for hail. The lowest temperatures will range from..

published on 7/28/24 5:20 PM

Bulgaria wins 3 medals at the European Girls’ Olympiad in Informatics

The Bulgarian national informatics team won 3 medals and an honorary diploma at the 4th European Girls’ Olympiad  in Informatics. The competition was held from July 21 to 27 in Veldhoven, the Netherlands, said the team leader Rumen Mihov. 196..

published on 7/28/24 2:55 PM
Dragomir Stoynev

BSP and PP-DB hope that the 3rd cabinet-forming mandate will be successful

''The chances of forming a government with the third mandate are slim, but a miracle could happen'', We Continue the Change – Democratic Bulgaria Co-Chairman Atanas Atanasov said. Speaking to BNR, Atanas Atanasov said that the coalition We Continue..

published on 7/28/24 2:27 PM