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.
The Chairman of the Budget and Finance Committee in the National Assembly and GERB MP Delyan Dobrev has told bTV that the budget deficit is 9%. "9 billion euros is not 3%, but 9%," the MP and former Minister of Economy, Energy and..
MP Venko Sabrutev from PP-DB told BNT that the convergence report is the document that will determine whether Bulgaria is ready for the eurozone and recalled that so far there have already been two such reports from the time of..
In a letter to the institutions, Podkrepa Trade Union made proposals for the introduction of a non-taxable minimum, as well as an update of minimum and maximum social security incomes. The union also insists on the preparation of an..
Bulgarian exports to the USA in 2023 are worth 1.1 billion dollars, and number 1 on the export list with a share of nearly 19 percent are "coins that..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel..
China has banned the import of sheep, goats, poultry and equines from African, Asian and European countries. The ban from the world's largest meat..
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