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.
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..
The gross domestic product grew by 1.7% in the first quarter of 2024 compared to the same period of the previous year, and the gross added value – by 2.2%, the National Statistical Institute has reported. Final consumption..
The confirmed applications submitted by Bulgarians for voting abroad are more than 38,000. The applications were submitted through the electronic system of the Central Election Commission. The deadline for Bulgarians abroad to..
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..
More than two years ago, Russia’s Gazprom Export suspended gas deliveries under the contract with Bulgaria’s Bulgargaz. Russia suspends natural..
On Friday minimum temperatures in the country will range from 6° to 11° C., for Sofia 8° C. In the morning there will be fog in the Western part of..
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