Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian Development Bank offers a credit program for energy efficiency to small, medium-sized businesses

Bulgarian Development Bank
Photo: Ani Petrova, BNR

The Bulgarian Development Bank (BDB) will help companies in the Manufacturing Industry sector to transition to a green and low-carbon economy through its new Energy Efficiency of Small and Medium Enterprises program. The need for such investments is no longer just a matter of strategy for a green transition and climate protection, but a necessity due to the uncertainty of the energy markets and the consequences of the pandemic, reports Bulgaria's Ministry of Innovation and Growth. 

Companies will be able to benefit from direct loans ranging from BGN 100,000 to BGN 500,000. 

The BDB program has a total value of BGN 30 million. The goal is to speed up the introduction of energy-saving technologies in production, which will lead to a reduction in the electricity consumed by external suppliers.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Warning of hazardous precipitation across Bulgaria

On Saturday, the lowest temperatures will be between 14 and 19°C; in Sofia - about 16°C. In the western regions, the highest temperature will be 19-20°C, while in the eastern regions of the country the temperature will reach up to..

published on 10/4/24 6:55 PM

EU's court lifts requirement for trucks to return to operational centre every two months

The Court of Justice of the EU has overturned part of European legislation requiring trucks for international transport to return every two months to the carrier's base. With its decision, the institution confirmed all other..

published on 10/4/24 4:31 PM
Dimitar Glavchev

Dimitar Glavchev: There is potential danger of a migrant wave

There is a potential danger of a wave of migrants, caretaker Prime Minister Dimitar Glavchev said at a briefing after the meeting of the Consultative Council on National Security , at which the risks to this country stemming from the..

published on 10/4/24 3:09 PM