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.
Slovakia's Prime Minister Robert Fico was shot this afternoon after a government meeting in the town of Handlova, about 180 km from Bratislava. A post on Fico's Facebook profile indicates that the prime minister is in life-threatening condition...
The government will provide EUR 19.9 million (BGN 39 million) in additional funding to increase the salaries of academic staff in state universities from 1 January 2024. The decision was made after the lecturers threatened to go on strike on May 20...
The Embassy of Bulgaria in Japan is organising a workshop on Bulgarian embroidery on May 19. The deadline for registration for the event is May 16. This was announced by the Bulgarian diplomatic mission in Tokyo. The event is being organised by..
Household electricity prices could go up by less than 30% as of 1 July, 2024, Energy Minister Vladimir Malinov announced at a briefing at the Ministry..
Slovakia's Prime Minister Robert Fico was shot this afternoon after a government meeting in the town of Handlova, about 180 km from Bratislava. A post..
More than two years ago, Russia’s Gazprom Export suspended gas deliveries under the contract with Bulgaria’s Bulgargaz. Russia suspends natural..
Mostly Cloudy
Cloudy
Partly cloudy, chance of rain