Bulgaria’s Minister of Economy Bogdan Bogdanov dismissed the executive director and the board of directors of the State Consolidation Company, which manages the enterprises in the system of the ministry. The new management is temporary and their salaries will be reduced by half, the minister announced.
The State Consolidation Company manages a capital of over BGN 1 billion (more than EUR 500 million). Six out of eleven companies are inefficient. According to an analysis of the enterprises in the ministry's system, unjustified costs exceed EUR 347.68 million. Inefficient state-owned companies will be deprived of representation costs, and a limit of EUR 2556.46 per year will be introduced for the rest. A comprehensive analysis of all companies is pending. Business programmes for the period 2024-2026 will be also prepared. State Consolidation Company is a sole joint stock company with one hundred percent state ownership of its capital.
On Saturday, the minimum temperatures in Bulgaria will be from minus 2 to 3°C. In Sofia it will be around 0°C. During the day it will be sunny with scattered high clouds. Highs tomorrow will be between 14 and 19°C, in the capital - around 15°C...
“We are protecting farmers and the public interest. In drafting this bill we are guided solely by this aim,” said Minister of Agriculture and Food Georgi Tahov at a meeting with representatives of chain stores in this country and consumer..
Two brothers, members of an organized crime group busted a few years ago, have been detained for abducting two men. The kidnappers and the persons considered missing are thought to be connected with 160 kgs. of cocaine missing in Sofia...
Bulgaria has improved its rating in the World Happiness Report , but remains 85 th out of 147 countries, which is the lowest position for an EU..
On Saturday, the minimum temperatures in Bulgaria will be from minus 2 to 3°C. In Sofia it will be around 0°C. During the day it will be sunny with..
The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President..
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