Send to Kindle
Photo by dfz.bg.
Executive Director of Bulgaria's State Fund Agriculture Atanas Dobrev has signed 47 contracts for the modernization of agricultural holdings totaling BGN 5M.
Most contracts are for organic farming for the cultivation of strawberries, pears, peaches and plums and organically grown walnuts, almonds, roses, rose hips and vegetables, the Fund's press center informs. Another part of the investments will be allocated for organic vineyards, organic lavender and organic rose oil.
The funding will be used for the purchase of lavender harvesters and tractors, as well as for mounted greenhouses, drip irrigation systems, etc.
Meanwhile, Bulgaria was named the world leader in lavender growing and oil production by the French newspaper Figaro as a total of 60 tonnes of lavender oil were produced in 2013.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria has experienced a remarkable surge in foreign direct investments, marking a 12-year high with an increase to BGN 7 billion between January and November 2023, a BGN 2 billion rise from the previous year
The government has greenlit ambitious projects to attract substantial foreign investments totaling EUR 500 million across Pleven, Maritsa-Plovdiv, and Shumen, as announced by Prime Minister Nikolai Denkov
Investments from the USA and Canada in Bulgaria surpass the country's official balance of payments report findings, as per a recent Institute for Market Economy (IME) study spanning five years
Vestbee published the 'VC Transactions In CEE Report - 2022', revealing that VC investments in the CEE region exceeded €5.9B in total funding across more than 1100 transactions
The global energy crisis and the opportunities before Bulgaria in the field of energy, regarding the creation of strategic base non-emission capacities, were discussed by Dan Shomon and the Union for Private Economic Enterprise at a workshop in Sofia
The G-7 countries have imposed a new package of sanctions against Russia. The measures are aimed at the military industry and military supply chains
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
