Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure BG-2023-7/3071 – measures in Bulgaria
|Bulgaria , applies nationwide
|Open ended, started on 14 February 2023
|War in Ukraine, Green Transition, European Semester
|Other initiatives or policies
Promoting the economic, labour market and social recovery into a green future
– Support for spending, stimulus packages
|Ekaterina Markova (IPS-Bas) and Eurofound
|17 February 2023 (updated 07 November 2023)
The Ministry of Innovation and Growth announced a call for proposals for the implementation of investments by final beneficiaries BG-RRP-3.006 "Construction of new Renewable Energy Sources (RES) for self-consumption in combination with local energy storage facilities in enterprises". This measure is within the national Recovery and Resilience Plan.
The procedure is targeted to micro, small and medium-sized enterprises, small companies with medium market capitalisation (up to 499 employees) and companies with medium market capitalisation (up to 1,500 employees). They can be from all sectors of the Bulgarian economy except 'Agriculture, forestry and fishing', 'Production and distribution of electricity, heat and gaseous fuels', 'Financial and insurance activities' and part of 'Manufacturing' (part of 'Manufacture of food products' and 'Manufacture of beverages').
The aim of the procedure is to provide grants for construction of new renewable energy sources (photovoltaic systems) of up to 1 MW for self-consumption, combined with local energy storage facilities (batteries), in order to encourage the transition of the private sector to environmentally friendly activities.
According to the Minister of innovations and growth Mr. Pulev the budget of the procedure is BGN 200 million. Together with the team of Deputy Prime Minister Pekanov the ministry managed to increase the budget from the originally set BGN 20 million to BGN 200 million. After 15 March 2023, the Energy segment of the Recovery Plan will be renegotiated.
A list of the proposals accepted for funding has been published at the end of September 2023. Out of the 527 proposals for investment under the procedure, a total of 421 were accepted for funding. For implementation of the approved for funding proposals, it is foreseen that the Directorate General "European Competitiveness Funds", as the Monitoring and Reporting Structure of the Economic Transformation Programme, Component 3 "Smart Industry" of the National Recovery and Resilience Plan of the Republic of Bulgaria will provide funds from the Mechanism in the amount of EUR 60,615,096 (BGN 118,552,824).
|Does not apply to workers
|Does not apply to citizens
EU (Council, EC, EP)
National Recovery and Resilience Facility
Social partners' role in designing the measure and form of involvement:
Social partners' role in the implementation, monitoring and assessment phase:
This is the third open measure for businesses under the Recovery and Resilience Plan. Open public consultations about this measure were available and popularised by the social partners websites, as well as the call for proposal. The proposal by the Association of Bulgarian Employers' Organisations (AOBE) for budget increase has been supported by the Ministry Council (25 January 2023).
The more general comments by representatives of employer organisations were that there is limited interest in such measures by the companies. The reason is that the money will come slowly in the form of a refund. It also requires getting all the permits without knowing if one company will be approved for funding, said Shteryu Nozharov from Bulgarian Industrial Association.
According to economist Mihail Krastev, the Recovery and Resilience Plan cannot reshape the Bulgarian economy. "In 2021, the advance payments had to be received, the business was in great need of them. The cheap electricity that we produce and manage to sell, compensating the business with this money, may turn out to be expensive at some point," he predicted.
According to him, the "Green Bulgaria" part supports energy efficiency, the building stock and households. "The MoF's forecast for the deficit next year is comparable to the money we will receive under the Plan," he pointed out.
Eurofound (2023), Renewable energy sources and local energy storage facilities for enterprises, measure BG-2023-7/3071 (measures in Bulgaria), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/BG-2023-7_3071.html
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.Article
12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.Article
12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.Article
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.