One of the largest industrial conglomerates in India, UMESH MODI GROUP will invest 5 million US dollars to build its base in Bulgaria in order to open its way to the European market. This was made clear at a meeting of Deputy Minister of Economy Lilia Ivanova with Umesh K. Modi - president of the Indian company. Bulgaria has been selected after a careful study of the countries in the region and their investment climate in them.
The interests of the group are in the fields of pharmaceutics, cosmetics, sugar industries, iron, steel and others. The annual turnover of the company is over 550 million US dollars. It has a marketing and distribution network in Asia, Africa and other international markets.
Natural gas supplies from Azerbaijan to Bulgaria have not yet resumed . This is reported by BTA citing the Bulgarian state gas company Bulgargaz EAD. The state supplier said that according to the latest available information, the technical problems..
GERB leader Boyko Borissov predicted a long political life for the Zhelyazkov cabinet. Speaking to journalists at the National Assembly after almost a month of silence, Borissov stressed that the the best-prepared experts from GERB had entered the..
With 125 votes in favour and 114 against, the National Assembly has approved the government of Prime Minister Rosen Zhelyazkov. The "yes" votes came from the three political forces directly involved in the government - GERB-SDS, BSP-United Left and..
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..
The Bulgarian satellite Balkan-1 has been launched into Earth orbit to transmit data for the EU's Copernicus programme . The satellite is a development..
The Department ''Economics of Natural Resources'' and the Scientific Research Center for Agrarian Business and Nature Use at the University of National..
Значителна облачност със сняг
Mostly Cloudy
Partly Cloudy
Cloudy