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

Bulgarian Mining, Geology Chamber: sector sees upsurge

Photo: BGNES

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.




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

Photo: Consulate General of Bulgaria in New York

NYC Bulgarian Professionals Network organizes a meeting in New York

NYC Bulgarian Professionals Network is organizing the first NYC Bulgarian Professionals Happy Hour for the year. The event will take place in New York. "I welcome the initiative... and I will gladly join again", announced Bulgarian diplomat..

published on 1/21/25 9:36 AM

Bulgaria and Montenegro discuss cooperation under the "Destination Balkans" initiative

The potential for the development of Sofia and Plovdiv within the framework of Bulgaria’s "Destination Balkans" initiative was one of the topics discussed during a meeting between Bulgaria's Minister of Tourism Miroslav Borshosh, Montenegro’s..

published on 1/21/25 9:08 AM
Monument to Dabko Dabkov in the center of Varna

150 years since the birth of architect Dabko Dabkov, who left a bright mark on Varna

The Municipality of Varna is organizing a celebration for the 150th anniversary of the birth of great architect Dabko Dabkov (21.01.1875 - 08.04.1945). The anniversary will be marked today with a discussion in the municipality at 16:00 on the topic..

published on 1/21/25 7:10 AM