Bozhidar Lukarski

Bulgaria's Economy Minister Bozhidar Lukarski assured that the inspections on the quality of the fuels at petrol stations will continue.

In an interview for the Bulgarian National Television (BNT) on Tuesday, Lukarski stated that the fuel, which is sold at petrol stations has a higher quality.

Economy Minister Bozhidar Lukarski has argued that companies based in China, Sweden, and Germany plan to move their production units to Bulgaria.

Lukarski announced in an interview for Nova TV that the companies seeking to develop their businesses in Bulgaria functioned in the car part manufacturing segment.

Bulgaria's Economy Ministry is proposing to increase the fines for fraud at the fuel pump at least 10 times, Economy Minister Bozhidar Lukarski has said.

The fine now stands at BGN 500 (EUR 250) for first-time offenders. Repeated offence is punishable by a fine of BGN 1,000.

The world's leading furniture retailer IKEA will seek new partners in Bulgaria as it is planning to increase its supplies from the country.

The Swedish company intends to double its sales globally until 2020, which necessitates the search of new supply opportunities and IKEA views Bulgaria as a long-term partner.

A Bulgarian-Swedish business forum in the field of information and communication technologies (ICT) will be held in Gothenburg in October as part of a new campaign to encourage B2B contacts between the two countries, it emerged on Tuesday.

US-based Sutherland Global Services group is expected to open 3,000 new jobs in Bulgaria over the next three years, the Economy Ministry in Sofia has announced citing the group's Chief Commercial Officer K. S. Kumar.

The Germany-based market leader in packaging solutions Multivac is ready to invest EUR 15M into the construction of a new production facility in Bulgaria, the Economy Ministry in Sofia has announced.

The Confederation of Independent Trade Unions in Bulgaria (CITUB) has claimed that the arms plant VMZ Sopot is being pushed towards bankruptcy aimed at change of ownership.

Trade union representatives at the military plant believe that it will not be possible to pay the salaries and social security contributions of some 2500 military plant workers.

Bulgaria's Transport Minister Ivaylo Moskovski has informed that concession procedures for the airports in Sofia and Plovdiv are be opened by end-2015.

Moskovski, as cited by Sega daily, reminded Tuesday that an attempt to award a concession contract for the cargo terminal of Plovdiv Airport had been launched before but no candidates had applied for the procedure.

Bulgaria is attracting increased investor interest from Bavarian companies due to the political stability and the clear reform efforts by the government regarding the spheres of judiciary and public administration, according to Ilse Aigner, Bavarian State Minister for Economic Affairs, Media, Energy and Technology.