The first payments under the recovery and resilience plan are expected in the autumn, caretaker Minister for EU Funds Atanas Pekanov said in an interview with Nova TV. The sum will amount to EUR 1.3 billion and Bulgaria will request it by the end of August, and within two months the European Commission will answer whether it will allocate the money. Minister Pekanov stated that for there to be subsequent payments, the new parliament will have to approve 22 laws by the end of 2022.
In the next five years close to EUR 1.5 billion will be invested in the development of Bulgarian businesses under the new programme Competitiveness and Innovation in Enterprises. The monmey will go to help micro, small and medium-sized enterprises introduce new technologies and innovations, the Ministry of Innovation and Growth says.
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..
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