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 European Commission (EC) has published its sixth annual Rule of Law Report , which covers the 27 EU member states and four candidate countries. The report notes legislative progress in Bulgaria during the Zhelyazkov cabinet's term, the..
A student protest titled "Education is a Right, Not a Privilege!" will take place at 6:00 PM on July 9 in front of the Rectorate building of the Sofia University '' St. Kliment Ohridski'' . The protest is in response to the increased tuition fees..
"I think we have an excellent result in the plenary just a few moments ago and 531 members voted “for” Bulgaria to join the Eurozone and paving the last steps of what we have been saying for a long time, that the euro means security and stability". This..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions,..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
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