A new e-bike factory near the town of Plovdiv will create 1,000 new jobs, it became clear during the visit of caretaker Minister of Innovation and Growth Alexander Pulev to the production facility of e leading e-bike company.
The Bulgarian company is one of the largest bicycle manufacturers in Europe with an annual production capacity of over 400,000 biclycles. The company’s owner Maxim Mitkov and Minister Pulev discussed the construction of the factory, which will be located in Trakia Economic Zone near the village of Radinovo. The new factory will be a joint venture between the Bulgarian company and an Austrian manufacturer. Their investment will amount to 120 million BGN (EUR 61.3 million). The production of electric bikes is expected to start in 2024.
The submission of the budget has been postponed by a week due to Bulgaria's commitment to prepare a structural and fiscal plan, BTA has reported. On the sidelines of parliament, Minister of Finance Temenuzhka Petkova explained that..
On the occasion of the Day of Saint Cyril, the Veliki Preslav Archaeological Museum presents the exhibition "In the Footsteps of the Students". The exhibition, dedicated to the creators of the Bulgarian alphabet, follows the Cyril..
Bulgaria will be represented by President Rumen Radev and Minister of Foreign Affairs Georg Georgiev at the Munich Security Conference. The agenda of world leaders includes the war in Ukraine, US President Donald Trump's..
The Bulgarian Industrial Capital Association and the Bulgarian Association of Dairy Processors have raised concerns that the prices of basic food..
On Thursday, minimum temperatures will range from minus 5° C. to zero, reaching minus 8° C. in the Eastern parts of the country, for Sofia around..
In a press release, Bulgaria’s Ministry of Foreign Affairs strongly condemned the recent statements by the Prime Minister of the Republic of North..
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