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

State-owned dairy company LB Bulgaricum will not be privatized, economy minister says

Photo: BTA

The only state-owned company in the dairy sector LB Bulgaricum is again operating at maximum capacity, and using 100% Bulgarian milk, said Minister of Economy Bogdan Bogdanov who visited the LB Bulgaricum factory in Vidin.

He was categorical that the company is not going to be privatized. It will be a priority for the government to renovate the entire factory and to bring in young people to work there, he said. In Minister Bgdanov’s words, under the previous company management ineffective decisions have been made leading to massive losses for the company, and in the past few months it has been working at 60% of its production capacity. Thanks to its cooperation with the Japanese company Meiji, the LB Bulgaricum science centre will also continue its work.



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

Veselin Dimanov

Veselin Dimanov, director of the film “Morality is goodness” is Enlightener of the Year, 2024

Veselin Dimanov , director of the most watched documentary “Morality is goodness” is Enlightener of the Year, 2024. His film tells the story of lawyer and university lecturer, the late Christian Takov, whose words and personal example have..

published on 11/2/24 10:04 AM

Weather forecast: Sun and wind on Saturday, temperatures plummet on Sunday

On Saturday minimum temperatures will range from 5° C. to 10° C., in parts of the lowlands and valleys 1-4° C., for Sofia around 4° C. The day will be sunny but also windy. Maximum temperatures 20-25° C., for Sofia around 20° C. In the evening the..

published on 11/1/24 6:15 PM

BNT celebrates 65th birthday with special programme

On 7 November, Bulgarian public service TV BNT is marking 65 years since it was founded, BNT has announced. “BNT is a symbol of trust, of high-value and sustainable tendencies. It is our public mission to preserve the Bulgarian identity with a..

published on 11/1/24 4:07 PM