Nikola Stoyanov

Bulgaria’s Economy Minister: If the Prices Go Up - We will allow Imports from Ukraine

If wholesale prices go up, Bulgaria is ready to allow imports from Ukraine again. This was stated by the Minister of Economy Nikola Stoyanov in the morning block of Nova TV.

"We count on the Bulgarian farmers and producers to understand that we are doing it for them and we count on their loyalty not to use the moment for speculation," he added.

Bulgaria: A Sticker shows Permanently Low Food Prices in Stores across the Country

The sticker, which will show the permanently low prices of food products in stores that wish to be included in the foodprice.bg information system, is finally ready, reports the Ministry of Economy.

The electronic platform provides information - from the cost of the raw material, through that of import and wholesale, to the final price that people pay in the store.

Bulgaria’s VMZ - Sopot might Produce 155-mm Shells but only Experimentally

Economy Minister Nikola Stoyanov said that the state-owned weapons enterprise VMZ-Sopot can produce 155mm projectiles, which the EU plans to supply to Ukraine. However, according to Stoyanov, we are talking about experimental and not serial production of such ammunition in Bulgaria.

The Bulgarian Government will prepare a Compensatory Scheme for Businesses due to Gas Prices

Acting Minister of Economy and Industry Nikola Stoyanov stated that the government categorically supports the need for compensation for businesses due to the high prices of natural gas.

The cabinet will prepare a compensatory scheme that it will propose to the next parliament, Stoyanov also said at the opening of a specialized exhibition for industrial machines and technologies.

Bulgaria will Export Electricity in exchange for Natural Gas from Azerbaijan

Electricity from Bulgaria in exchange for gas from Azerbaijan - such an agreement was made during the visit of the Minister of Economy and Industry Nikola Stoyanov to Baku. On BNT, the minister said that with such a scheme - barter gas for electricity, we could receive quantities in the next 4-5 months, when we need it most in the winter.

Bulgaria: The Ministry of Economy will Unblock Arms Exports for BGN 1 Billion

The Ministry of Economy will unblock arms exports for BGN 1 billion (EUR 510,648,536). This was announced by the caretaker minister, Nikola Stoyanov, at a press conference.

According to him, the arms industry is currently "on its knees" due to delays in export approvals. The previous minister, Kornelia Ninova, did not convene a committee to approve eligible export requests.

Horse Replaced Snow Removal Machine in Bulgarian Village

A horse-drawn snow plough clears the pavements in the village of Momino Selo in the South Bulgarian district of Plovdiv.

The animal clears the snow from the pavements in the village every winter with the help of a special wooden device. Thus, in just an hour and a half, the horse does the work of a dozen people.

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