There is strong investor interest in Bulgaria by companies from South Korea, said Prime Minister Boyko Borissov.
Besides with Volkswagen, negotiations on the construction of an automotive plant in Bulgaria are underway with Hyundai as well, the Bulgarian PM said, and added that he expected more clarity on the South Korean investment, which amounts to over USD 1.5 billion, by September.
Minister of Economy Emil Karanikolov added that there is a second South Korean investor – SK Innovation, the world’s biggest car battery manufacturer - who is searching out for sites in Bulgaria. Communication is still at a very early stage and Bulgaria will be in competition with several other countries for the future plant, Minister Karanikolov said.
Bulgaria has no errors in the absorption of EU funds in agriculture and natural resources for 2023, according to the annual report of the European auditors. The report was commented at a joint meeting of Agriculture Minister Georgi Tahov and Bulgarian..
The parliamentary group "Democracy, Rights and Freedoms" - DPS will support a government of GERB-СDS, BSP-United Left and ITN in its vote in the National Assembly as part of the formation of a parliamentary majority. Negotiations for forming a..
The Consulate General of Bulgaria in Los Angeles has issued recommendations to Bulgarians affected by the devastating fires in the city. The Federal Emergency Management Agency (FEMA) is offering assistance to those affected by the fires in California..
President Rumen Radev will hand over the first exploratory mandate to form a government on Wednesday January 15 at 12 noon, the head of state's press..
An analysis by experts from the Confederation of Independent Trade Unions in Bulgaria (CITUB) shows that the cumulative growth of inflation (measured by..
On Tuesday, the cloudiness will still break and decrease from the north , it will be mostly sunny in Northern Bulgaria . Overcast skies are expected..
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