Deputy Prime Minister and Minister of Economy, Investments and Industry Alexander Pulev pledged strong government backing for Bulgarian manufacturers, announcing that all available incentive mechanisms and growth measures will be mobilized to support local industry. Speaking at the opening of new production facilities at the Alcomet plant in Shumen, he described energy-intensive industries as essential for reducing regional disparities and ensuring the long-term development of Bulgaria’s economy.
According to Pulev, companies operating in these sectors generate more than a quarter of the country’s gross added value and provide jobs for over 215,000 people. “Behind these jobs are families, households, entire communities and regions,” he said, emphasizing the broader social impact of industrial employment.
The deputy prime minister reaffirmed the government’s commitment to strengthening Bulgarian industry and encouraging strategic investments, pointing to Alcomet’s expansion as a successful example of cooperation between business and the state. The project is valued at €70 million and is expected to create 160 new jobs.
Addressing Alcomet majority owner Fikret Ince, Pulev recalled the development of the investment from its earliest stages. “We have come a long way together. The first talks began during the tenure of Galab Donev, when you received sustained support from the state administration for the implementation of this project. Together with President Rumen Radev, we attended the groundbreaking ceremony, and today, a little more than a year and a half later, we are seeing impressive progress and a remarkable pace of development,” he said.
