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.
Stabilising state finances will be the main task of the Finance Ministry, its new head Temenuzhka Petkova said at her inauguration as minister. The only woman minister in the new cabinet, Petkova said that Bulgaria had an opportunity to introduce..
A protest demonstration was held today in front of the Council of Ministers in the capital under the banner "Reclaiming access to Vitosha". Mountain lovers expressed their dissatisfaction with the fact that the lifts on Vitosha, at the foot of which..
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..
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..
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..
President Rumen Radev handed over the first cabinet-forming mandate to Rosen Zhelyazkov, who was nominated by GERB-SDS for Prime Minister. "We..
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