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 caretaker cabinet approved an international agreement for the acquisition of anti-tank guided missiles Javelin under the U.S. Foreign Military Sales program. The decision proposes that the National Assembly ratify the agreement by law. The..
After it became clear that the prospective cabinet would be backed by a coalition of GERB-SDS, There is Such a People and BSP, Premier-designate Rosen Zhelyazkov explained that the political responsibility would be shared by all participants in the..
President Rumen Radev handed over the first cabinet-forming mandate to Rosen Zhelyazkov, who was nominated by GERB-SDS for Prime Minister. "We appreciate the time you have given us. It was not wasted", said Rosen Zhelyazkov upon receiving the..
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..
The Department ''Economics of Natural Resources'' and the Scientific Research Center for Agrarian Business and Nature Use at the University of National..
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