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

The new ambassador of Italy has presented his credentials.

Deputy Foreign Minister Elena Shekerletova received the credentials of the new Italian Ambassador in Sofia, Marcello Apicella, the Foreign Ministry said. During the talks, both sides expressed satisfaction with the long-standing friendly relations and..

published on 4/15/25 1:20 PM

Shell to explore for oil and gas in Bulgaria’s economic zone in the Black Sea

Bulgaria’s Minister of Energy Zhecho Stankov and Vanya Ivancheva, Country Chair Shell Bulgaria, signed a contract for oil and gas exploration in Bulgaria’s exclusive economic zone in the Black Sea. The ceremony took place at the Council of Ministers..

published on 4/15/25 12:28 PM

Bulgarian Banitsa ranks third in prestigious culinary ranking

The traditional Bulgarian banitsa has ranked third in the Best Cheese Dishes list by  Taste Atlas . The Bulgarian Banitsa with Cheese earned 4.5 out of 5 possible points. Dishes from Serbia and Georgia rank 1 st and 2nd, respectively. Famous..

published on 4/15/25 10:53 AM