The German company MD Elektronik is to invest over 11 million euro /21.5 million Leva/ in a plant for data transmission cables and electronic components in Vratsa.
Today the company and the municipality signed a contract for the purchase of a land plot worth 700,000 euro /1.4 million Leva/. The company is planning to construct factory buildings, logistics and office buildings in Vratsa.
To beginwith 300 new jobs will be created, with a starting monthly salary for low-skilled employees of 500 euro.
Mayor Kalin Kamenov stated that once the new factory starts functioning many people who have left Vratsa are sure to return to the town.
At the request of the European Public Prosecutor's Office, searches have been carried out in Sofia, Burgas, Petrich and Rila in connection with an investigation into alleged fraud with EU funds in the restoration of a church. In 2017, a public tender..
One million and eight hundred Bulgarian citizens travelled as tourists during the third quarter of the year, National Statistical Institute data show. 72.3% of them travelled inside the country, 20.8% travelled abroad and 6.9% - both inside Bulgaria..
“Investing in people, education, innovations and technologies is the key to success in the future,” said President Rumen Radev at the opening of the business forum in Singapore, in which representatives of companies from Bulgaria and Singapore are..
Bulgaria has become the first in the EU to have a high-tech artificial intelligence in its own language , created by a state-funded scientific..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the..
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