Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

State Consolidation Company will be closed or restructured

Bogdan Bogdanov
Photo: BGNES

In 2024, the priority is the future of state-owned enterprises, through restructuring or perhaps closing the State Consolidation Company, Minister of Economy Bogdan Bogdanov said at a briefing. 

State enterprises can no longer exist in this form, because of corruption practices. We are considering options so that we don't lose jobs. The goal is to direct state-owned enterprises towards clean technologies and circular economy, defense and aerospace technology, bio-technologies, important minerals, metals and raw materials, the minister said. He reported a record growth of 3.5 billion euros in foreign investments for the first 10 months of 2023 and an investment intention of over 1.1 billion euros in Plovdiv, Stara Zagora and Burgas. Work is also underway in relation to another possible investment of over 600 million euros in the automotive sector, Minister Bogdanov added.



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

Susumu Kataoka, president of Japan External Trade Organization

Japanese-Bulgarian business forum is being held in Sofia

A Japanese-Bulgarian business forum is being held in Sofia, organized jointly by the Japan External Trade Organization (JETRO ) and the Bulgaria Invest Agency . "I am leading a delegation of a hundred people, a fact that speaks volumes about..

published on 10/15/24 12:11 PM

Sofia to urge for European funding for energy interconnections 

EU energy ministers are meeting in Luxembourg to discuss the energy sector's contribution to the EU's competitiveness, wholesale electricity prices and winter preparedness.  At the request of Greece, supported by Bulgaria, Romania and Croatia,..

published on 10/15/24 7:50 AM

Annual meeting of Bulgarian municipalities discusses problems faced by local authorities

BGN 1 billion (EUR 510 million) under the Strategic Plan for Agriculture and Rural Development 2023-2027 will be distributed between municipalities in Bulgaria in December 2024, said caretaker Minister of Agriculture and Food Georgi Tahov at the..

published on 10/14/24 9:24 AM