Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria's Meat, Milk Exports on the Rise
BULGARIA'S MEAT, MILK EXPORTS ON THE RISE
Date: 06/06/2011
Source: novinite.com
Bulgaria's Meat, Milk Exports on the Rise

Bulgaria's exports of protein-rich agricultural produce such as meat and milk is growing, according to Deputy Agriculture Minister Tsvetan Dimitrov.

Speaking on Monday, Dimitrov reiterated Ministry data showing that 17% of the Bulgaria's exports in 2010 came from agricultural products, and that it grew by 20% in 2010 year-on-year.

Bulgaria's foreign trade in agricultural products registered a positive balance of USD 1 B in 2010, he said in the northern town of Troyan at a conference on meat producing agriculture.

"There is a global shortage of high-protein foods, and a growing demand for these products; this is a market niche where Bulgarian producers can find their place," the deputy minister said.

Over 80% of Bulgaria's agricultural export goes to the rest of the EU at present, which, according to Dimitrov, demonstrates its quality and safety.

He further said that upon Bulgaria's EU accession in 2007 only 1% of the Bulgarian farms met the EU requirements, while four years later their share has reached over 50%, and by the end of 2011 all the remaining farms are expected to follow suit.

In 2010, Bulgaria's government provided BGN 109 M in agricultural subsidies, while in 2011 the money slated for subsidies is BGN 130 M.


Topic: Business



Featured District
RAZGRAD DISTRICT AND CITY INFORMATIONRazgrad
Invest Bulgaria Charts
Gross Value Added of Bulgaria (million BGN)
Gross Value Added of Bulgaria (million BGN)

Net Domestic Assets of Bulgaria
Net Domestic Assets of Bulgaria

See all charts
Did You Know?
John Atanasoff
John Atanasoff
Did you know that professor John Atanasoff, a Bulgarian, built the world's first electronic-digital ... More

Bulgaria is one of the biggest producers of rose oil. Bulgarian roses are widely grown in our country, using cultivation methods that have preserved the characteristics of the flower unchanged for more than three centuries.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members