The pandemic has hit the perfume industry, and hence the rose oil business. In 2020, 40% of the rose crop remained unpicked. This year the situation is critical.
“We are on the verge of a zero year in rose production. A great many of the distilleries in the country say they do not intend to have a crop purchase campaign at all this spring. They do not have the financial resource to purchase and process rose flowers, and do not need to because they have obsolete stock which they are unable to market,” Hristo Nikolov, chair of the Professional Association of Rose Producers in Bulgaria commented for BNR-Stara Zagora. That is why they are calling for convening a consultative council on the oil-yielding rose.
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
We hope that today Bulgaria will receive a derogation from the US sanctions against Russian company Lukoil, such as the one in Germany - for 6 months. This was what Boyko Borissov, leader of the GERB party, said. In anticipation of..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of..
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