Bulgaria has the potential to build between 7 and 10 new industrial zones like the one in Plovdiv, Deputy Prime Minister Tomislav Donchev said during the 4th edition of Bulgaria's largest economic forum –“Industry 4.0”. According to him, it was important to ease procedures for investors.
Speaking about the missed opportunity to attract automotive giant Volkswagen, which chose Turkey over Bulgaria for its new plant, Tomislav Donchev said: "VW did not come to Bulgaria but someone else will come in the next two or three years, because there are many prerequisites for this and this is inevitable.”
Bulgarian Finance Minister Vladislav Goranov said that in negotiations with Volkswagen, Bulgaria did everything it could and beyond, but such big investors wanted a lot of privileges and 100% complete infrastructure. "Such companies expect hosts to make the investment, so they could come with the know-how and technology, but big countries are those that can afford it," Goranov said. He added that 90% of negotiations with the automotive giant were about infrastructure.
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GERB party will not support changing Bulgaria's national holiday from March 3 to May 24. It will not be in the Constitution, GERB leader Boyko Borissov commented in parliament. "And it is not because we are not in favour of May 24, but the holidays in..
The European Public Prosecutor's Office announced that under its leadership the police arrested three people. 6 locations were searched as part of an investigation into illegal receipt of EU funds. From the seized evidence and documents, it was..
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We have no intention of giving the entire S-300 missile complex to Ukraine, Bulgaria's Chief of Defense, Adm. Emil Eftimov said. The defective S-300..
Bulgaria will send defective anti-aircraft missiles and ammunition for small automatic weapons to Ukraine, the National Assembly decided at a closed..
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