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Bulgarian Companies Need E 7 Billion to Implement All Ecological Standards

Date: 16.09.2006

"Bulgarian companies working in the areas of metallurgy and the chemical industry will earn around 533 million euro until 2020 after the implementation of all ecological standards. The benefits will come from not paying fines, increased productivity and the access to foreign markets," said Kostadinka Todorova, Head of the Energy Efficiency and Preservation of Nature Department with Bulgaria's Finance Ministry.

Bulgarian firms will have to invest around six - seven billion euro to meet all EU requirements.

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