LB Bulgaricum is about to sign a large and important contract with the Japanese company Meiji

Expected "LB Bulgaricum“ and the Japanese company "Meiji” to conclude a new contract in the fall related to the creation of a joint research center in Sofia. This became clear from the words of the Acting Minister of Economy and Industry Dr. Petko Nikolov during a hearing in the National Assembly.

"If indeed things go well, perhaps towards the end of September or the beginning of October, we will have a new contract for a new production facility for the new strains, which will be a guarantee for an extremely profitable development of this enterprise in view of the contract that with "Meiji“ we will sign after that“, said the minister.

He announced that on July 15, by his order, an interdepartmental working group was formed, which should prepare a motivated opinion in connection with the negotiation process, in order to guarantee the maximum protection of the rights of Bulgaria and of "LB Bulgaricum" . The working group must also ensure the achievement of the goals of the strategic partnership project between the company and the Japanese company "Meiji”.

It is attended by representatives of the Ministry of Economy and Industry, experts from the Patent Office, DANS, DCK and "LB Bulgaricum". "Several meetings have been held so far and we are about to finalize a draft contract, which will be provided upon the upcoming arrival of representatives of "Meiji" at the beginning of September”, Nikolov also said.

In the plenary hall, the economic minister announced to the deputies that "LB Bulgaricum“ posted record monthly earnings growth and attributed this to the new management it appointed. Petko Nikolov recalled that after taking office he witnessed serious tension between the former executive director of the company, the production base, suppliers and various traders, unions.

"In this context, we changed the entire management of the company, raised wages in production and laboratories, terminated a large number of unnecessary contracts for which certain money was given and perhaps for this reason the funds did not go to the employees," said the minister. He added that communication with the company's retail chains and international partners has been reopened. "And perhaps as a result of these actions, the best sales figures for June and July on a monthly basis for the last five years are precisely now that we have changed this management,”, the minister said.

At the beginning of August, the executive director of "LB Bulgaricum“ Zhivko Zhivkov announced in an interview for BTA that the company recorded growth in revenue and profit. He also informed that there is no delay in the project between the company and the Japanese "Meiji" for the establishment of a joint research center in Sofia. At the moment, with colleagues from various institutions, we are working on the construction of a final contract, expecting representatives of "Meiji" to arrive in Bulgaria in mid-September to discuss a correct and mutually beneficial contract developing science in "LB Bulgaricum". , Zhivkov also said. He explained that the idea is to develop new strains useful for humans in the future center within the framework of a partnership between Bulgaria and Japan.