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.
Caretaker Prime Minister Dimitar Glavchev has expressed hope that the National Assembly will elect a regular government today and that it will have a long and successful mandate. “There are no dysfunctional systems, we are handing it over after a..
The main task of the Black Sea Mine Countermeasures Group remains the fight against floating mines in the Black Sea and ensuring free and safe navigation in its western part, said Rear Admiral Kiril Mihaylov, Commander of the Naval Forces...
Two freight trains, moving on the same track between the Svetovrachene and Kremikovtsi railway stations near Sofia, caused the death of two people, as another six were taken to hospital with injuries. One of the injured persons is in a life-threatening..
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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