One of South Korea's largest companies has been exploring Bulgaria and two other countries for making an investment of more than 1.5 billion euros, Bulgarian Economy Minister Emil Karanikolov said in Seoul. He is taking part in a delegation led by Prime Minister Boyko Borisov, who is on an official visit to South Korea.
Minister Karanikolov said the investment was about building a car battery factory that could be used by different companies. The project is not affiliated with Hyundai or Volkswagen, it was also reported. The Hyundai European Headquarters will be exploring the possibilities of setting up an Autonomous Car and Electric Car Test Center in Bulgaria, as well as auto parts production facilities.
The truck traffic on the Maritsa highway to the Kapitan Andreevo border crossing at the Bulgarian-Turkish border is now normalized. "As of this morning, there are no more queues of trucks standing on the roadway waiting to cross the border," assured..
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..
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..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a..
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