The State Oil Company of Azerbaijan (SOKAR) opened an office in Sofia at the end of April. SOKAR's office is the headquarters not only for Bulgaria, but for the whole region, the Ambassador of Azerbaijan to Bulgaria H.E. Huseyn Huseynov said for Euronews Bulgaria.
''If a proposal for the acquisition of the Burgas refinery is sent, SOKAR and the state will consider it. There are possibilities, but there is no specific proposal. There has to be a concrete proposal from Sofia so that we can make an offer", Huseyn Huseynov said. "We have always supported the idea of Bulgaria being both an energy hub and a transport hub", said Ambassador Huseynov. Bulgaria is expected to become a gas distribution point in Europe under the Solidarity Ring contract, Ambassador Huseynov recalled.
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
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