Ministry of Economy

For the first half of 2023, the net sales revenue of the state-owned "Vazovski Mashinostroitelni Zavodi" (VMZ) in Sopot increased by nearly 80% and reached 392 million leva, writes "Capital" and adds that this was driven from the increased demand for special production due to the war in Ukraine.

A share of 92 percent of the budget assigned to the Ministry of Economy, Entrepreneurship and Tourism will be spent on aid granted to private companies affected by the restrictions imposed for reigning in the pandemic, the Ministry said in a release.

Bulgarian high-tech companies can apply for Qatar funding to expand their operations and to enter the global market. This was made clear during a meeting of Deputy Economy Minister Alexander Manolev with the Minister of Commerce and Industry of the State of Qatar Ali Bin Ahmed Al Kuwari and the President of Qatar Free Zone Ahmad bin Mohamed al-Sayed, the Ministry of Economy said.

Korean company active in the automotive sector is interested in investing in Bulgaria. It is a company that is a leader in the production of car components, according to an official announcement of the Ministry of Economy after a meeting of the Deputy Minister Lachezar Borisov with representatives of the company, reports Money.bg

Vecernje Novosti reports that the interested companies are Chinese Zijin Mining, Ugold Limited based in Cyprus and backed by Russian capital and Canadian-Finnish investment fund Champion Iron.

National gas transmission company Transgaz signed on March 23 the contract for the construction of the three gas compressor stations of 10 MW each provided for in the BRUA phase 1 project; according to the calendar, the order to kick off works will be signed on April 14, the Ministry of Economy said in a release.