InvestBulgaria Agency has certified this year projects worth close to 300 million leva (150 million euro) which are expected to open more than 4000 new jobs. In the Agency’s estimates projects last year were half this year’s numbers, its Executive Director Stamen Yanev has said. It has already become a tradition to see strong interest in the country’s automotive sector, he added. Over the past five years more than one hundred large companies have started operations in Bulgaria to manufacture components for almost all car brands. The forecast for next year is even better, with 20 projects in the pipeline to the tune of more than 400 million leva (200 million euro) and prospects for opening six thousand jobs. Interest is set to remain strong in seven priority sectors - computer and communications technology, electrical equipment, machinery, textiles and clothing, chemical products and foodstuffs. According to a study of InvestBulgaria Agency, investors have a positive attitude to Bulgaria’s economic prospects. This is mainly due to relatively cheap labor, low taxes and affordable electricity rates.
The NATO Intelligence Fusion Centre (NIFC) held the Spring Session of NATO's Senior Policy and Resource Committee in Sofia on Thursday. It was hosted by the Defence Intelligence Service (DIS). The meeting brought together nearly 50 representatives from..
On May 10, the Vrazhdebna Transport Airbase in Sofia holds a day of open doors, the airbase announced on Facebook. The event is dedicated to 40 years of L-410 and AN-26 aircraft in the composition of the Bulgarian Air Force. The doors..
The Association for Modern Trade, which unites the majority of supermarkets , has called on President Rumen Radev to veto the new regulation on the surcharge on bread. In April, the parliament extended the 0% VAT on bread and flour until 31..
On Thursday, minimum temperatures in the country will be between 9 and 14°C , with 12°C in Sofia. The weather will be cloudy and rainy during the day,..
The National Revenue Agency (NRA) and the Customs Agency have started a physical inventory of Lukoil-Bulgaria's stocks. This was announced by Prime..
The mayor of Pleven Dr. Valentin Hristov called an urgent meeting of all law enforcement structures and structures in charge of cleaning the town to..
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