The only state-owned company in the dairy sector LB Bulgaricum is again operating at maximum capacity, and using 100% Bulgarian milk, said Minister of Economy Bogdan Bogdanov who visited the LB Bulgaricum factory in Vidin.
He was categorical that the company is not going to be privatized. It will be a priority for the government to renovate the entire factory and to bring in young people to work there, he said. In Minister Bgdanov’s words, under the previous company management ineffective decisions have been made leading to massive losses for the company, and in the past few months it has been working at 60% of its production capacity. Thanks to its cooperation with the Japanese company Meiji, the LB Bulgaricum science centre will also continue its work.
European Commissioner for Energy Dan Jørgensen will visit Bulgaria on 28 October, just days after US President Donald Trump imposed sanctions on Russian oil giants Lukoil and Rosneft over Russia’s ongoing aggression in Ukraine, BNR correspondent..
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
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