Minister Shtonova Says Electrical Machinery Exports Exceed EUR 2 Billion in 2025

During the opening of the Business Forum Electroindustry 2026, Economy and Industry Minister Irina Shtonova highlighted the critical role of the sector in Bulgaria’s economic development. According to data for 2025, exports of electrical machinery surpassed EUR 2 billion, confirming the sector’s status as a primary driver of industrial and technological advancement. Speaking at the event, which draws over 100 companies, Minister Shtonova stated that the electrical industry is fundamental to Bulgaria’s economy, fueling innovation, sustainable development, and industrial transformation.

She noted that the sector supports tens of thousands of employees while maintaining labor productivity above the national average, underscoring its strategic national importance. Furthermore, she emphasized that in the context of global digitalization, the sector’s significance continues to grow, offering substantial opportunities to boost competitiveness and attract investment. The third Electroindustry business forum is a joint initiative by the Executive Agency for the Promotion of Small and Medium-Sized Enterprises and the Bulgarian Association of Electrical Engineering and Electronics (BASEL).

Recognized as the largest event in Bulgaria’s electrotechnical and electronics field, the forum serves as a crucial platform for discussions regarding industrial transformation. Key program elements include analyzing current trends and challenges facing the electrical and electronics industry, alongside deep dives into energy efficiency, battery energy storage systems, and the integration of AI in industrial processes. The gathering facilitates networking, partnership building, and the presentation of new technologies from both domestic and international firms.

Attendees at the opening included Boyko Takov, Executive Director of the Bulgarian SME Promotion Agency, and Dimitar Beleliev, Chairman of the Board of BASEL.

Topics: #electrical #minister #shtonova