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.
The Culture Committee of the Bulgarian National Assembly failed to approve, at first reading, a bill on amendments to the Public Libraries Act to rename the National Library Sts. Cyril and Methodius to People’s Library. 2 MPs voted “for”, 4 voted..
A proposal for the establishment of a state-run company for trading in groceries, primarily produced in Bulgaria, via chain stores, was approved by the National Assembly’s Committee on Budget and Finance. The proposal was tabled between the..
The Eurogroup encourages Bulgaria to adopt the euro, according to a letter by its President Paschal Donohoe to European Council President Antonio Costa. The letter comes in connection with the upcoming meeting of the European leaders in Brussels on..
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts..
The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain