Text size

Ministry of Economy plans creating small town industrial zones

published on 10/24/22 3:09 PM

Nikola Stoyanov

Photo: Press Service of the Council of Ministers

Acting Minister of Economy and Industry Nikola Stoyanov will propose measures in support of small and medium-sized enterprises to be extended until the end of the year and discounts for citizens in the price of fuel to be discontinued as they are getting cheaper, Mr Stoyanov told the private TV channel bTV.

Consumers in Bulgaria should be encouraged to save energy, as other EU countries do. I congratulate the Minister of Energy for not introducing 2 tariffs for electricity, Stoyanov added.

"Political instability affects the decisions of foreign investors. We will ask for amendments to the law to encourage investment so that we can develop industrial zones in small towns and create jobs, especially where there are no opportunities," the minister promised.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Economy industrial zones Nikola Stoyanov small towns

Gallery

More from category

CITUB Vice President Ognyan Atanasov presented the results of the survey.

85% of workers in TPP and mines want to stay in the energy sector, a survey shows

If they had the opportunity, 85 per cent of workers in thermal power plants and coal mines in the Stara Zagora, Pernik and Kyustendil regions would remain in the energy sector. These results are from a survey conducted by the Confederation of Independent..

published on 7/21/25 4:40 PM

The price of the consumer basket in Bulgaria has increased by 7.45% on a yearly basis

The consumer basket currently costs 101 leva (EUR 51.64), compared to 94 leva (EUR 48.06) for the same period in 2024. This represents an increase of 7 leva (EUR 3.58 euros), announced Vladimir Ivanov, Chairman of the Commodity Exchange and Wholesale..

published on 7/21/25 1:58 PM

Gabrovo's landmark buildings to become hubs for innovation and entrepreneurship

The municipality of Gabrovo has secured nearly 17 million leva in funding to develop an "innovation valley", local authorities have announced. The project includes the transformation of the former Radion Umnikov School into a centre for digital skills..

published on 7/20/25 11:45 AM

WEATHER

Pick city: Sofía

Partly cloudy, chance of rain
Min: 19 | Max: 29

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

The economy of expectations – how the fear of price increases actually leads to price increases

After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend..

published on 8/6/25 9:51 AM

The Bulgarian National Bank (BNB) expects inflation in the country to continue to rise until the end of 2025

The lack of sufficient manpower and strong private consumption are the main reasons for inflation, according to the second "Economic Review" of the..

published on 8/7/25 8:53 AM

Share