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We discussed with European Council President Antonio Costa how to ensure that the need for greater competitiveness is di...
03/09/2026

We discussed with European Council President Antonio Costa how to ensure that the need for greater competitiveness is distributed fairly over the years, all member states have equal access to the large Cohesion Fund and have equal access to the key instruments that will drive this fund so that less-developed countries do not fall behind in their technological and industrial development. Prime Minister Rumen Radev made these remarks at a media briefing following a meeting with Koshta, who is visiting Bulgaria at the invitation of the Bulgarian prime minister. Radev added that he had suggested to Koshta that they consider a new term – “industrial cohesion.” Let us not just talk about cohesion as it has been understood so far – classical cohesion in social programs and infrastructure – but rather a form of cohesion that enables all member states to participate, in principle, on an equal footing in Europe’s technological and industrial development,” Radev...

We discussed with European Council President Antonio Costa how to ensure that the need for greater competitiveness is distributed fairly over the years

Bulgaria, Romania and Greece will jointly apply for European funding for transportation projects along the North-South c...
03/09/2026

Bulgaria, Romania and Greece will jointly apply for European funding for transportation projects along the North-South corridor; on the Bulgarian side five projects are included in the list, according to a decision by the Council of Ministers. Bulgaria has included two railway projects near the Greek border, the extension of the “Struma” highway section to the “Kulata” border crossing point, feasibility studies for the future highway route from Veliko Tarnovo through Nikolaevo to the “Maritsa” Highway and the electrification of the railway link between “Danube Bridge” and “Ruse-Distribution” Station. The three countries are preparing joint proposals in response to the 2026 call for proposals under the Connecting Europe Facility (CEF) in the “Transport” sector,...

Bulgaria, Romania and Greece will jointly apply for European funding for transportation projects along the North-South corridor; on the Bulgarian side five projects

Minister of Economy Alexander Pulev extended an “open” invitation to Austrian businesses to participate in the moderniza...
03/09/2026

Minister of Economy Alexander Pulev extended an “open” invitation to Austrian businesses to participate in the modernization of Bulgaria’s infrastructure. The Deputy Prime Minister presented the new legislation on public-private partnerships to the Austrian Ambassador to Bulgaria, H.E. Andrea Ikic-Bohm. Pulev emphasized that the new framework will open up opportunities for private-sector participation in the development of strategic projects, including in the areas of infrastructure, industrial zones and other key national assets. Austrian businesses have significant experience, expertise and technologies that could be extremely valuable for the implementation of these projects,” the minister noted. He explained that the government aims to create a “stable and balanced”...

Minister of Economy Alexander Pulev extended an “open” invitation to Austrian businesses to participate in the modernization of Bulgaria’s infrastructure

The restructuring of the Bulgarian Energy Holding (BEH) was carried out by spinning off the Maritsa East 2 Thermal Power...
03/09/2026

The restructuring of the Bulgarian Energy Holding (BEH) was carried out by spinning off the Maritsa East 2 Thermal Power Plant and Mini Maritsa East into a new holding company. Energy Minister Iva Petrova signed a decision to this effect on Monday, as announced during a meeting of the Energy Commission, according to the ministry. A check of the Commercial Register shows that the new company has not yet been registered. “Maritsa East Holding” will also include “Mini Maritsa East – Mine Site Restoration,” currently a subsidiary, which will prepare land disturbed by coal mining for new economic activities. A working group appointed by the minister, in consultation with labor unions and industry organizations, has prepared the reform. Petrova commented that the goal is to restore...

The restructuring of the Bulgarian Energy Holding (BEH) was carried out by spinning off the Maritsa East 2 Thermal Power Plant and Mini Maritsa East into a new holding company

A total of 16 pages, divided into nine chapters – that is the scope of the new draft law on public-private partnerships,...
02/09/2026

A total of 16 pages, divided into nine chapters – that is the scope of the new draft law on public-private partnerships, which is intended to open the door wider to private capital for the construction of major infrastructure projects while alleviating the need for them to be financed entirely from the state or municipal budgets. Highways, tunnels, bridges, and water and sewer networks, as well as hospitals, schools, kindergartens, and energy and digital infrastructure, are among the projects the government sees as having the potential to be implemented under this model. The main condition is that the private partner provide all or part of the funding and assume operational risk, while the public and private sectors share the project’s financing, responsibilities, and risks among...

A total of 16 pages, divided into nine chapters – that is the scope of the new draft law on public-private partnerships, which is intended to open the door wider to private capital

Pension companies are interested in investing in infrastructure development in Bulgaria – including highways, roads, tun...
02/09/2026

Pension companies are interested in investing in infrastructure development in Bulgaria – including highways, roads, tunnels, and so on – but only under specific conditions. This was stated by the Bulgarian Association of Supplementary Pension Insurance Companies (BADDPO) during a press conference. At the press conference, industry representatives commented that while the law allows for such investments, there are currently no concrete projects or suitable instruments in which private pension funds can invest their assets.
As a reminder, earlier this year, Parliament authorized private funds to invest no more than 10% of their assets under management in infrastructure in Bulgaria. As early as the end of 2025, the industry itself expressed a willingness to invest in various types of...

Pension companies are interested in investing in infrastructure development in Bulgaria – including highways, roads, tunnels, and so on – but only under specific conditions

Bulgaria’s budget deficit swelled significantly in August, when it is expected to have reached €3 billion, or 2.4% of pr...
02/09/2026

Bulgaria’s budget deficit swelled significantly in August, when it is expected to have reached €3 billion, or 2.4% of projected GDP. This is according to preliminary estimates published today by the Ministry of Finance (MF), which attributes the increase to payments for investments and projects under the Recovery and Resilience Plan (RRP).
The deterioration in the budget balance on a monthly basis in August is primarily due to the concentration of substantial investment payments under the RSP in order to meet the eligibility deadline for activities – August 31, 2026 – and the disbursement of significant expenditures for their implementation. “It is expected that R&S Program expenditures on a cash basis will continue to put pressure on the budget deficit until the fifth payment...

Bulgaria’s budget deficit swelled significantly in August, when it is expected to have reached €3 billion, or 2.4% of projected GDP

A new €110 million call for proposals will support small and medium-sized businesses in Bulgaria’s coal-mining regions, ...
02/09/2026

A new €110 million call for proposals will support small and medium-sized businesses in Bulgaria’s coal-mining regions, as well as in other municipalities affected by the green transition. The measure is included in the updated draft of the Indicative Annual Work Program for 2026 of the “Regional Development” Program (RDP) 2021 – 2027 and is scheduled for the fourth quarter of the year.
Eligible applicants will be businesses in the districts of Stara Zagora, Pernik and Kyustendil, as well as in the municipalities of Nova Zagora, Yambol, Simeonovgrad, Harmanli, Topolovgrad, Dimitrovgrad, Haskovo, Elhovo, Sliven and Tundzha. Unlike some of the other measures in the program funding here will be provided through a selection process for project proposals. The specific eligible...

A new €110 million call for proposals will support small and medium-sized businesses in Bulgaria’s coal-mining regions, as well as in other municipalities affected by the green transition

Mahir Hodžić is a security expert with more than 20 years of experience across the public and private sectors. As the ow...
01/09/2026

Mahir Hodžić is a security expert with more than 20 years of experience across the public and private sectors. As the owner of Global Security, the publisher of the security trade magazine and online platform a&s Adria, as well as the international media platform a&s Middle East, he plays an active role in informing, educating, and connecting professionals throughout the security industry.
Hodžić chairs the Organizing Committee of the Adria Security Summit, Southeast Europe’s largest security industry event, as well as the Organizing Committee of the newly established Bulgarian Security Summit. Through the media, business, and conference platforms he leads, he has spent the past two decades following the sector’s development, connecting its key stakeholders, and helping bring...

Mahir Hodžić, owner of Global Security, on emerging security risks and why final decisions should remain in human hands.

Nearly 88 million euros will be directed toward joint projects between industry and academia for the development and imp...
01/09/2026

Nearly 88 million euros will be directed toward joint projects between industry and academia for the development and implementation of new technologies. The Ministry of Innovation and Digital Transformation has published a new procedure for public consultation under the “Scientific Research, Innovation, and Digitalization for Smart Transformation” Program (SRIDST).
The measure is aimed at so-called industrial programs – larger projects in which companies and scientific organizations work together on a specific technological or regional problem. The idea is for these developments not to remain solely at the research stage, but to progress to testing, implementation, and preparation for real-world application in business.
Each project must be carried out in partnership. It must...

Nearly 88 million euros will be directed toward joint projects between industry and academia for the development and implementation of new technologies

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