Ministry of Economy

German Company Will Base e-Cars Production in Bulgaria

I am extremely proud that a German maker of electric cars of the future will base its main production in Bulgaria. This sentiment was shared by Minister of Economy Kiril Petkov, who, this Saturday, signed with Next.e.GO Mobile SE the paperwork finalising a procedure to launch the company's investment project in Bulgaria.

GERB Government Purchased Anti-COVID Equipment in Violation of Law, Claims Ministry of Health

Speaking to BNR the caretaker Deputy-Minister of Health Dr. Dimitar Petrov announced various violations of procedures by the previous government of B. Borissov.

The materials from the inspection of the Ministry of Health for respirators, masks and medicines bought from China for the period of the epidemic situation from May 13 last year will be  send to the prosecutor's office.

Romania can become a hub for Israeli goods to the European Community

 Israeli officials have voiced interest in making a series of investment in the development of sea and inland transportation around the Port of Constanta and on the waterway of the Danube corridor, according to Chairman of the Romania Chamber of Commerce and Industry (CCIR), Mihai Daraban. According to him, Romania can thus become a hub for Israeli goods to the European Community.

Caretaker Minister of Economy Will Initiate Inspection of State-owned Bulgarian Development Bank

A special commission will inspect  Bulgarian Development Bank (BDB) to see why it has financed eight persons, 4 of whom may be indirectly linked to famous businessman and former MP Delyan Peevski.

This was announced by the caretaker Minister of Economy Kiril Petkov in an interview with BTV.

Out of 57 measures lodged by Economy Ministry for business environment, 55 are not yet implemented

As many as 55 of the 57 measures to support the business environment proposed by the Ministry of Economy, Entrepreneurship and Tourism (MEAT) through the programme assumed by the governing alliance were not implemented by the relevant ministry, the president of the National Council of Small and Medium Private Enterprises of Romania (CNIPMMR), Florin Jianu, said on Monday in a press conference.

Bulgaria: With New Order Prime-Minister Closed Shopping Centers Only After Few Hours

Yesterday, just a few hours after the authorities allowed the independent sites in the shopping centers with direct access, to be able to continue their activities, this measure were revoked.

 By order of Prime Minister Boyko Borissov, the Minister of Economy revoked the Instructions for large retail sites issued earlier yesterday, the Ministry of Economy announced.

Economist: Crisis-Hit Bulgarian Businesses Need Simple Support Measures

In the next two years there should be a powerful impetus to investments. The lockdown is no surprise, everything that is related to leisure time will suffer the most. That's what economist Lachezar Bogdanov said in The Day Begins talk show

How long the restrictions will last is of key importance, he said

92 pct of Economy Ministry's budget to be spent as aid to private sector affected by pandemic restrictions

A share of 92 percent of the budget assigned to the Ministry of Economy, Entrepreneurship and Tourism will be spent on aid granted to private companies affected by the restrictions imposed for reigning in the pandemic, the Ministry said in a release.

Economy Ministry has a budget of 6.6 billion lei, 92pct will go to 3 state aid schemes

The Ministry of Economy has a budget of 6.6 billion lei for 2021, 92pct of which will go on 3 state aid schemes, namely the one for HoReCa, the arrears for Start-up Nation and the one intended for films, Minister Claudiu Nasui wrote on Facebook, on Friday. "I have always wanted to see that the ministers understand and present their budget.

Bulgaria’s Economy Minister: BGN 2 Billion Poured into Business to Help It Stay Afloat

 

Since the outbreak of the coronavirus pandemic, the Ministry of Economy and the Ministry of Labour and Social Policy have poured into the Bulgarian businesses BGN 2 billion, as BGN 300-400 million have not yet been paid, but have been agreed, said Minister of Economy Lachezar Borisov.

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