BULGARIA SEEKS REINDUSTRIALIZATION WITH HELP OF GERMANS

Bulgaria program of reindustrialization of includes measures to stimulate specific companies that have the potential , but are currently not operating. This was announced at a meeting with business representatives and local authorities in Razgrad by Deputy PM Daniela Bobeva. She has personally presented to six leading German silicate industry companies plans to revive the bankrupt glass and porcelain factory Diamond in Razgrad, Standart daily reports.

The Bulgarian Investment Agency has again presented the advantages to develop the lime industry in Ludogoretz. Ludogorsko center. There is a raw kaolin deposit near the town, it has trained personnel, an industrial site for infrastructure and a rail link to the Danube, explained Bobeva .

The government wants to stop the practice of exporting Bulgarian raw materials that could be processed in the country and then exported as products with high added value.

"We have to keep in mind that we have children and grandchildren and that we will have to leave something for them" said Bobeva .

The Oresharski cabinet also negotiated hard with the World Bank to get support for the rehabilitation and construction of irrigation systems in rural areas. "This will ensure the production of fruits, vegetables and agricultural products to be processed in industrial facilities in the country. This is also part of measures to reindustrialization of Bulgaria" said Bobeva.