There is strong investor interest in Bulgaria by companies from South Korea, said Prime Minister Boyko Borissov.
Besides with Volkswagen, negotiations on the construction of an automotive plant in Bulgaria are underway with Hyundai as well, the Bulgarian PM said, and added that he expected more clarity on the South Korean investment, which amounts to over USD 1.5 billion, by September.
Minister of Economy Emil Karanikolov added that there is a second South Korean investor – SK Innovation, the world’s biggest car battery manufacturer - who is searching out for sites in Bulgaria. Communication is still at a very early stage and Bulgaria will be in competition with several other countries for the future plant, Minister Karanikolov said.
Caretaker Prime Minister Dimitar Glavchev stated that he will accept a proposal to be caretaker PM again if President Rumen Radev assigns him this position. President of Bulgarian Parliament Raya Nazaryan refuses to be caretaker PM “I..
A plasterboard ceiling of a wedding hall came crashing down on top of 150 guests in Kardzhali. Seven people have sustained non-life threatening injuries during the incident which took place on Monday night, among them one child. At the time of the..
A new flare-up of the big wildfire on the Greek side of Slavyanka mountain has crossed the border into Bulgaria, extending the perimeter of the fire over 120 hectares of Bulgarian territory. Heavy bulldozers are making wide clearings so as to..
Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern..
Sunny weather will prevail on Monday. There will be more significant increases in cloudiness over the northern and eastern regions of..
The fires in the south-western regions of Bulgaria continue , as more than 15,000 decares of forests have already burned. The battle..
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