One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported. The shipment arrived from Canada and will be refined in Bulgaria. The delivery was made due to a shortage of raw materials and restrictions on imports from Ukraine.
Bulgaria has the capacity to process over 4 million tons of sunflower annually into oil, hulled seeds and meal. However, domestic sunflower production has never surpassed 2.2 million tons. As a result, processors import seeds from other countries—mainly from Ukraine, which is the world’s largest producer.
Due to the shortage of raw materials, Bulgaria’s processing industry is facing a crisis and the threat of shutting down production facilities. Once, Bulgaria ranked among the top five sunflower processors and exporters in the world.
In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute. Monthly inflation in August dropped to 0.1%, compared to 1.7% in July. Inflation measured from..
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The..
In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute...
+359 2 9336 661