Bulgaria Secures €490 Million from EU SAFE Program to Boost Defense Industry
Bulgaria is set to receive €490 million through the EU’s Security Action for Europe (SAFE) instrument
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The agricultural sector contributes approximately 4 percent to Bulgaria's gross domestic product and accounts for 6 percent of the country's total employment, according to Agriculture and Food Minister Georgi Tahov. His remarks came during the opening of the AGRA, "Winery," and "Foodtech" exhibitions at the International Fair in Plovdiv.
Tahov noted that investment in the sector remains significant, with annual figures from 2022 and 2023 surpassing 2.2 billion leva. This represents around 8 percent of all investments in the national economy. Additionally, he pointed out that Bulgaria's agricultural sector maintained a positive trade balance of 1.7 billion euros in 2023, marking a 9 percent increase compared to the previous year.
Despite significant challenges in recent years, the agri-food chain has remained relatively stable, Tahov stated. He emphasized that restoring the sector to a steady pace is a priority for the Ministry of Agriculture and Food, which is actively working to implement legislative changes aimed at improving the regulatory environment and ensuring better protection for farmers.
Defense modernization programs around the world are increasingly shaped by one central requirement: adaptability.
In December 2025, Bulgaria’s industrial sector showed modest growth following two consecutive months of decline, yet on an annual basis, production fell for the 13th month in a row.
In December 2025, Bulgaria’s total exports of goods rose by 2.5% compared to the same month a year earlier, reaching 6.7364 billion leva (€3.44 billion), after a contraction of 4% in November.
Villages surrounding Plovdiv are increasingly hosting Nepalese workers, brought in by local entrepreneurs to address Bulgaria’s persistent labor shortages.
Between 2019 and 2023, Bulgaria’s industrial sector has experienced a significant contraction, with roughly 104,557 jobs lost, nearly half of them in the processing industry, amounting to almost 15% of the country’s industrial workforce
Agricultural land prices across the European Union continued to rise in 2024, with Eurostat data showing a clear upward trend both in sales values and rental costs, although developments varied significantly by country.
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