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.
On Saturday, cumulus clouds will develop over the western half of the country and short-term rain showers are expected. There will be conditions for hail. It will be mostly sunny over the eastern areas. The highest temperatures will..
The Vazrazhdane parliamentary party will not support a government behind which MRF stands, even without Delyan Peevski. This was stated by party chairman Kostadin Kostadinov during a meeting with "There is Such a People" (ITN) in search of support for..
Bulgaria will welcome nearly 200 students and young people from all over the world who will participate in the first International Artificial Intelligence Olympiad created by Bulgarians . 44 teams have confirmed their participation in the..
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..
Partly Cloudy
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Mostly Cloudy