• Galina Chipriyanova Department of Accounting, Tsenov Academy of Economics (BG)
  • Miglena Marinova Department of Accounting, Tsenov Academy of Economics (BG)




Bulgarian mining industry, business ecosystem, environmental management, natural resources


The business ecosystem provides full integration of economic and environmental objectives. Every company, including those from the Bulgarian mining industry, implements specific actions, mechanisms, innovations for environmental management. The aim of the present study is to analyse the relationship between the economic and non-economic priorities of enterprises of the mining industry, especially now in the context of solving the global problem of transformation towards sustainable development. The following research tasks have to be settled for reaching the above-mentioned goal: 1. to analyze the influence of modern technologies, the remote control of machines underground, including remote control and self-learning drones in underground mines on the optimization and improvement of work processes and the protection of a cleaner environment; 2. to focus on some relevant aspects of green transformation of the mining industry, incl. in the development of environmental, social and new management models as a factor for successful business; 3. to research the impact of the initiated cycle of interest rate tightening on the implementation of the planned activities for environmental management of the mining industry. In the course of the study shall be justified the thesis that the future of the mining industry in Bulgaria is digital, green and sustainable. The methodology of structured interview was used. The sample was formed by the method of random non-recurrent selection. For the purposes of the research, we have carried out analysis of the whole assessment of the favourable opportunities and potential risks, as well as the strengths and weaknesses of the new model for an environmental management system. The results of the research are expressed in establishing the trend for digitalization and innovation, tracking the importance of environmental management and protection.



Download data is not yet available.


M. Friedman, La theorie quantitative de la monnaie. Une nouvelle presentation: Dans Theorie monetaire. Paris, 1971, p. 70.

M. Friedman, Taxation, Inflation and the role of Government. Sydney, 1981, p. 9.

A. Dyankov, "Home page – Move.BG," November 2015. [Online]. Available: https://move.bg/vekyt-na-ustoichivata-transformaciq [Accessed: Feb. 22, 2023].

D. Petrova, "Analysis of SMEs in Bulgaria – Assessment of Their Innovation Activities," Rezekne 2013, Latvia, Rezekne Higher Education Institution, Faculty of Engineering, Scien-tific Institute for Regional Studies, Environment. Technology. Resources, Proceedings of the 9th International Scientific and Practical Conference June 20-22, 2013, Volume 3, ISSN 1691-5402: 46-49.

D. Petrova, "Analysis of Trends and Opportunities for Technological Development of Bulgarian Enterprises," Proceedings of the International Conference Danube Black Sea, 3E – Energy, Environment & Efficiency, September 18-21, 2013 Galati, Romania, ISBN, pp. 413-417.

D. Petrova, "Intelligent, Innovative and Sustainable Industry in Bulgaria – prospects and challenges," Vide I. Tehnologija. Resursi - Environment, Technology, Resources, Proceeding of the 12th International Scientific and Practical Conference „Environment. Technology. Resources“, June 20-22, 2019, Rezekne, Latvia, Volume I, pp. 210-215, ISSN 1691-5402 – print, ISSN 2256-070X – online.

N. Kovalenko, T. Hutsol, O. Labenko, S. Glowacki and D. Sorokin, "Ecological and Economical Substatiation of Production of Hydrogen," Vide. Tehnologija. Resursi - Environment. Technology. Resources. Proceeding of the 13th International Scientific and Practical Conference „Environment. Technology. Resources“, June 17-18, 2021, Rezekne, Latvia, Volume I, pp. 127-131, ISSN 1691-5402 – print, ISSN 2256-070X – online.

S. Lemsa, "Challenges of Advanced analytics Maturity Model Development," Vide. Tehnologija. Resursi - Environment. Technology. Resources. Proceeding of the 13th International Scientific and Practical Conference „Environment. Technology. Resources“, June 17-18, 2021, Rezekne, Latvia, Volume II, pp. 88-92, ISSN 1691-5402 – print, ISSN 2256-070X – online.

I. Linina and V. Velga, "Critical Thinking as Grounds of Socially Responsible Communication," Vide. Tehnologija. Resursi - Environment. Technology. Resources. Proceeding of the 13th International Scientific and Practical Conference „Environment. Technology. Resources“, June 17-18, 2021, Rezekne, Latvia, Volume I, pp. 149-154, ISSN 1691-5402 – print, ISSN 2256-070X – online.

F. Miriam, L.S.G. Piccolo, D. Maynard, M. Wippoo, C. Meili and H. Alani, "Talking Climate Change via Social Media: Communication, Engagement and Behaviour," In: WebSci ’16 Proceedings of the 8th ACM Conference on Web Science, ACM, New York, USA, pp. 85–94, May 2016, DOI: 10.1145/2908131.2908167.

P. Pacheco-Vega and A. Murdie, "When do environmental NGOs work? A test of the conditional effectiveness of environmental advocacy," Environmental Policies, vol. 30(1-2), pp. 180-201, DOI: 10.1080/09644016.2020.1785261.

M. Kaplan-Hallam and N.J. Bennett, "Adaptive social impact management for conservation and environmental management," Conservation Biology, vol. 32(2), pp. 304-314 Jul. 2017, DOI: 10.1111/cobi.12985.

I. Garkov, "Home page – PROFIT.BG,"August 2022. [Online]. Available: https://profit.bg/kompanii/badeshteto-na-minnata-industriya-e-digitalno-zeleno-i-ustoychivo/ [Accessed: Feb. 24, 2023].

M. Chipriyanov, Environmental management in the public sector (Topic 7). Svishtov, Tsenov Publishing House, 2017, p. 75-89.

BNP Paribas Personal Finance. December 2022. [Online]. Available: https://www.capital.bg/biznes/finansi/2022/12/02/4421718_golemite_kompanii_otchitat_esg_ustoichivost_ot_2023_g/ [Accessed: Mar. 18, 2023].

Treaty on the Functioning of European Union. July 2021. [Online]. Available: https://tavex.bg/novata-inflaciya-na-ecb-i-uskoreniyat-krah-na-pokupatelnata-sposobnost/ [Accessed: Mar. 18, 2023].

European Central Bank. August 2021. [Online]. Available: https://www.ecb.europa.eu/ecb/educational/explainers/tell-me/html/what-is-monetary-policy.bg.html [Accessed: Mar. 18, 2023].

P. Bonkin, "Home page – Capital.bg," June 2022. [Online]. Available: https://www.capital.bg/biznes/finansi/2022/06/01/4352476_centralnite_banki_zapochvat_nai-mashtabnoto_pokachvane/ [Accessed: Mar. 18, 2023].

A. Gruev, "Home page – Bloomberg.bg," February 2022. [Online]. Available: https://www.bloombergtv.bg/a/2-novini/102857-predstoi-raztarsvasht-tsikal-na-zatyagane-na-parichnata-politika [Accessed: Mar. 18, 2023].

S. Moore, "Home page – Forbes.com," August 2021. [Online]. Available: https://www.forbes.com/sites/simonmoore/2022/11/06/what-to-expect-from-the-final-fed-rate-decision-of-2022/?sh=7e0d20e704e9 [Accessed: Mar. 18, 2023].

B. Rashev, "Home page – Forbesbulgaria.com," February 2022. [Online]. Available: https://forbesbulgaria.com/2022/02/14/%D0%BC%D0%BE%D0%B6%D0%B5%D0%BC-%D0%BB%D0%B8-%D0%BD%D0%B0%D0%BF%D1%8A%D0%BB%D0%BD%D0%BE-%D0%B4%D0%B0-%D0%B7%D0%B0%D0%BC%D0%B5%D1%81%D1%82%D0%B8%D0%BC-%D1%84%D0%BE%D1%81%D0%B8%D0%BB%D0%BD%D0%B8%D1%82/ [Accessed: Mar. 18, 2023].




How to Cite

G. Chipriyanova and M. Marinova, “OPPORTUNITIES AND CHALLENGES IN MODELING AN ENVIRONMENTAL MANAGEMENT SYSTEM”, ETR, vol. 1, pp. 38–43, Jun. 2023, doi: 10.17770/etr2023vol1.7245.