The mining industry in Bulgaria has reported the highest average productivity in the industry and the highest average wage across the country, the Chairman of the Bulgarian Chamber of Mining and Geology Prof. Nikolay Valkanov said. He pointed to the low incidence of accidents at work, to billions of investments in the sector in the recent years and reported 97 M of tons in output, 4% of GDP, 25,000 jobs and 8000 euro as an average annual pay.
“The sector sees an upsurge, there are no fatalities at work and this is very good. We have close to 5 billion leva (2.5 billion euro) investments in the sector”, the Chamber’s Chairman Nikolay Valkanov also said. He added he was optimistic about its future in connection with a favorable decision for Bulgaria regarding the enhanced criteria of the European Commission for ecological standards in coal mining that threatened this country’s thermal power plants.
There are signals that Bulgaria will be given the chance to rescheduling until it complies with the EC criteria, Valkanov explained and predicted 12% in sector growth this year.
The INSAIT Institute at the University of Sofia has released its first language model in a foreign language. MamayLM was created for the Ukrainian state and is the most powerful Ukrainian language model to date, according to the Ministry of Education...
The Bulgarian Ministry of Foreign Affairs expresses its deepest condolences to the families of the deceased, as well as wishes for a speedy recovery to those injured in the terrorist attack in Pahalgam, India, which claimed many..
It is very important, when we talk about the first 100 days of the government, to note that it adopted its program, the state budget and passed two votes of no confidence, Prime Minister Rosen Zhelyazkov said. At the opening of the meeting of the..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
+359 2 9336 661