E3S Web Conf.
Volume 174, 2020Vth International Innovative Mining Symposium
|Number of page(s)||7|
|Section||Environment Saving Mining Technologies|
|Published online||18 June 2020|
Bulgarian Mining Industry between Tradition and Innovation
1 D. A. Tsenov Academy of Economics, Svishtov, Bulgaria
2 BA School of Business and Finance, Riga Stradins university, Riga, Latvia
Extractive activities are traditional for the Bulgarian economy and are part of the economic activity of the population since the establishment of the Bulgarian state. As an autonomous sector of the economy, they are approved after 1878. The initial extractive activities are carried out with the direct participation of foreign capital, mainly French, German and Belgian. The extraction of raw materials has always been among the priority economic areas. Not surprisingly with the first economic laws adopted by the Bulgarian Government is supported its development. A typical example in this respect is the law on the promotion of the local industry since 1909. Among the promotion activities are mining, metal industry, as well as the quarry and that for the processing of soil materials. The mining industry is an indispensable part of the structure of the Bulgarian economy, regardless of its transformations.
© The Authors, published by EDP Sciences, 2020
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