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

Minister Zhecho Stankov:

Bulgaria can become regional hub for high-tech business in Southeast Europe

Photo: me.government.bg

“Our ambition is for Bulgaria not to be just an exporter of electricity, but for this energy to create added value here.” This was what Minister of Energy Zhecho Stankov said at the discussion “Bulgaria – a regional hub for high-tech business, artificial intelligence, green solutions and innovations”, organized by the Norwegian-Bulgarian Chamber of Commerce and the American Chamber of Commerce in Bulgaria, BGNES reports.

According to Minister Zhecho Stankov, one of the biggest obstacles to artificial intelligence gigafactories and data centers is the need for large amount of secure energy at affordable prices. That is why the state is planning significant projects that will provide a sufficient amount of affordable energy and opportunities for its storage.

“With the projects that we have included in our portfolio, we will guarantee Bulgaria’s role as a regional hub for high-tech business in Southeast Europe,” the minister pointed out.

Editor: Diana Tsankova

Publication in English: Alexander Markov

Photo: me.government.bg



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

Cloudy and rainy, red warning issued for eastern Bulgaria

On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the southwestern and south-central areas, the rain will ease off, though there may still be some scattered..

published on 10/6/25 7:05 PM

EC: RRP payment depends on the fulfilment Anti-Corruption Commission conditions

The European Commission will announce next month the amount under the Recovery and Resilience Plan (RRP), the payment of which may be withheld if the required conditions are not fulfilled. "We have sent Bulgaria a letter detailing the amount in..

published on 10/6/25 4:46 PM
L-R: Deputy Prime Minister Tomislav Donchev, Labour Minister Borislav Gutsanov, and Plamen Dimitrov, head of Bulgaria’s main trade union (CITUB).

Employers are blocking the Ministry of Labor and Social Policy proposal to raise the minimum wage

After a meeting of the National Council for Tripartite Cooperation , Social Minister Borislav Gutsanov said the Ministry of Labour and Social Policy proposed raising the minimum wage to BGN 1,213 (EUR 620) next year, up from EUR 550.68, an increase of..

published on 10/6/25 3:21 PM