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

Evtim Miloshev

A record summer season but also arising problems, tourism industry says

The 2024 summer season has meant more in every respect – more revenues, tourists, sunny days, even more than the record-high  results of 2019, caretaker Minister of Tourism Evtim Miloshev said in an interview with bTV. But there are more problems as..

published on 9/30/24 8:43 AM

Writers and choreographers from five countries to participate in the Leap Off Page festival in Ruse

Writers and choreographers from Bulgaria, Venezuela, Lithuania, Turkiye and France will participate in the third edition of the international interdisciplinary festival Leap Off Page, which takes place from today until October 6 in Ruse, the..

published on 9/30/24 7:50 AM

Sofia DocuMental International Film Festival invites us to step out of the bubble

“Step Out of the Bubble” is the motto of Sofia DocuMental—the first international festival for creative non-fiction film with a focus on human rights. The festival will officially open today in Sofia and will continue until October 6. The..

published on 9/30/24 6:05 AM