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

State-owned dairy company LB Bulgaricum will not be privatized, economy minister says

Photo: BTA

The only state-owned company in the dairy sector LB Bulgaricum is again operating at maximum capacity, and using 100% Bulgarian milk, said Minister of Economy Bogdan Bogdanov who visited the LB Bulgaricum factory in Vidin.

He was categorical that the company is not going to be privatized. It will be a priority for the government to renovate the entire factory and to bring in young people to work there, he said. In Minister Bgdanov’s words, under the previous company management ineffective decisions have been made leading to massive losses for the company, and in the past few months it has been working at 60% of its production capacity. Thanks to its cooperation with the Japanese company Meiji, the LB Bulgaricum science centre will also continue its work.



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

Warm weather is back

On Wednesday, lows will be between 5 and 10°C, with Sofia around 7°C. The sky will be mostly sunny, with some clouds in the eastern areas before midday. Light to moderate winds will blow from the south-east. Maximum temperatures will be between 19 and..

published on 4/15/25 7:05 PM

DPS-DPS party to decide whether to continue supporting the government

The operational leadership of DPS-DPS party met to decide whether to continue its support for the government. This is happening a day before the discussion of the second vote of no confidence in the "Zhelyazkov" cabinet on the topic of corruption...

published on 4/15/25 5:45 PM

Housing prices in Bulgaria have increased 2-3 times in 10 years

Over the past 10 years, housing prices in Sofia have tripled, and in large cities more than doubled. This is according to data from one of the largest brokerage companies on the Bulgarian market.  "If in 2015 in Sofia you could buy a home..

published on 4/15/25 5:03 PM