Podcast in English
Text size
Bulgarian National Radio © 2024 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

Sunny but chilly Sunday

Overnight it will be mostly clear. Winds will weaken and die down in many areas. In the morning it will be cold, with minimum temperatures between minus 7 and minus 2°C, reaching minus 10°C in the valleys and around minus 9°C in Sofia. Tomorrow will be..

published on 11/23/24 7:05 PM

Unit 6 of Kozloduy NPP connected to the national grid after annual maintenance

The planned annual maintenance of Unit 6 of Bulgaria's only NPP, Kozloduy, has been completed. The unit was connected to the national grid at 10:07 following an inspection by the Nuclear Regulatory Agency. In addition to the repairs made to improve..

published on 11/23/24 2:09 PM
Interim minister of the Interior Atanas Ilkov

Bulgaria's full Schengen membership will not open the floodgates to the EU, says Interior Minister

A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..

published on 11/23/24 11:58 AM