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

State dairy company LB Bulgaricum starts modernisation of its plant in Vidin

Petko Nikolov, minister of economy, visits state dairy LB Bulgaricum.
Photo: lbbulgaricum.bg

State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September.

The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in front of the building, the company said. 

The state-owned company did not disclose the cost of the investment, but a gradual replacement of outdated equipment is also planned. This will allow the production of larger quantities of fresh milk, cow's butter and processed cheese, Economy Minister Petko Nikolov told journalists. 

Since 1 May this year, the company's employees have received a 10% pay rise, and since 1 September they have received a further pay rise, with the aim of achieving a 30% pay rise by the end of the 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

Bulgarian company awarded with gold license for investment project in Egypt

On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..

published on 1/3/25 1:24 PM

Expected deficit at the end of last year exceeds €3 billion

Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..

published on 1/3/25 9:24 AM

Which currencies will be most sought after by Bulgarians in 2024?

The two most sought-after currencies by Bulgarians in 2024 remain the US dollar and the euro, just as in 2023. The Turkish lira, the Romanian leu and the Serbian dinar were also very popular, followed by the British pound and the Swiss franc. This was..

published on 1/2/25 3:08 PM