Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Minister Goranov: We did more than possible in negotiations with Volkswagen

Photo: BGNES

Bulgaria has the potential to build between 7 and 10 new industrial zones like the one in Plovdiv, Deputy Prime Minister Tomislav Donchev said during the 4th edition of Bulgaria's largest economic forum –“Industry 4.0”. According to him, it was important to ease procedures for investors.

Speaking about the missed opportunity to attract automotive giant Volkswagen, which chose Turkey over Bulgaria for its new plant, Tomislav Donchev said: "VW did not come to Bulgaria but someone else will come in the next two or three years, because there are many prerequisites for this and this is inevitable.”

Bulgarian Finance Minister Vladislav Goranov said that in negotiations with Volkswagen, Bulgaria did everything it could and beyond, but such big investors wanted a lot of privileges and 100% complete infrastructure. "Such companies expect hosts to make the investment, so they could come with the know-how and technology, but big countries are those that can afford it," Goranov said. He added that  90% of negotiations with the automotive giant were about infrastructure.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sunny Saturday and Sunday, rain in the mountains

On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be cloudy in the mountains, where rain and snow will fall, and sunny in the east. Maximum temperatures..

published on 4/26/24 7:05 PM
Angel Kunchev

The spread of whooping cough is expected to subside by the end of 2024

An emergency epidemic situation will not be introduced in the country due to the spread of pertussis (whooping cough), as this is not necessary. This was announced by the chief state health inspector, Assoc. Prof. Angel Kunchev...

published on 4/26/24 11:53 AM

GERB leader predicts five more caretaker governments

With the votes of GERB-SDS and PP-DB, the parliament rejected the request for a debate on the report of the temporary committee to investigate corruption practices in the "Customs" Agency and the possible role of the former finance..

published on 4/26/24 10:54 AM