Balgarianovinite.com Energy Minister Traicho Traikov held a working meeting with Solvay Sodi AD Managing Director Nicolas van der Heyden and industrial policy manager Eduard Tsvetanov to discuss issues of strategic importance for the future of the plant, which is one of the largest producers of soda ash in Europe, the Energy Ministry reported Saturday.
The soda ash (light and heavy) and sodium bicarbonate produced by the plant account for a significant share of both the Bulgarian industry and the European market. In this context, the discussion focused on the company’s investment plans, which are key to maintaining the plant’s leading position in Devnya as the largest facility of its kind in Europe, as well as to ensuring its long-term sustainability.
Solvay Sodi’s management presented plans for an investment of approximately EUR 20 million to build a new boiler – a critically important first step in the process of decarbonizing production. The project is part of a long-term roadmap for modernization and energy efficiency and is linked to an application to the EU Modernisation Fund, with the support of the European Investment Bank.
Company representatives sought assistance from the Bulgarian government both in preparing and advancing the project proposal and in the context of the challenging market environment.
Minister Traikov emphasized the company’s strategic role for Bulgarian industry and noted that the Energy Ministry has an established mechanism for supporting such initiatives. He explained that project proposals to the European Commission are submitted twice a year, with a national framework prepared in advance to serve as the basis for their subsequent development and application.
The Ministry will provide the necessary expert assistance for the preparation and successful positioning of investment projects within the Modernisation Fund, the Minister stated. According to him, consistent investments in technological modernization and energy efficiency are key to ensuring that the industry not only meets the challenges of the energy transition but also strengthens its competitiveness in the long term. Energy Minister, Solvay Sodi’s Management Discuss EUR 20 Mln Investment in Decarbonization of Company’s Devnya Plant 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-04-04 16:58:33 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law