Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

State-owned dairy company LB Bulgaricum will not be privatized, economy minister says

Photo: BTA

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.



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

Regional Defence Summit 2025 to discuss strengthening European defence capabilities

The international conference Regional Defence Summit 2025 takes place today in Sofia. It brings together defence ministers, representatives of the European Union and NATO, industry leaders, investors and innovators with the next..

published on 10/28/25 6:15 AM

Yellow code for strong wind across the country except for the regions of Kyustendil and Pernik

On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be significant and in places rainfall is expected. Precipitation will be more significant in..

published on 10/27/25 7:35 PM

Restoration of rare bird populations begins in three nature parks

The populations of the Eastern imperial eagle and the black vulture, Griffon vulture and Egyptian vulture in the Vrachanski Balkan, Sinite Kamani and Bulgarka nature parks will be supported through projects under the 2021–2027..

published on 10/27/25 4:31 PM