Italian company for the production of photovoltaic modules has invested about 7 million euros in its new factory in the Bulgarian city of Yambol. Construction is expected to begin in April 2023 and production will start by the end of next year. About 50 new jobs will be opened as the specialists needed are engineers and experts from the IT sphere. Production will be environmentally friendly, with no risk of pollution, as the goal is its capacity reaching 600 megawatts. A photovoltaic park on an area of about 600 decares will also be built next to the factory.
Bulgaria is making efforts to be ready to adopt the euro no later than January 1, 2025 , the Ministry of Finance said in connection with media publications related to the topic. The country's preparations and progress towards Eurozone membership were..
The Bulgarian National Bank (BNB) has raised from May 1 the main interest rate to 2.77 percent from 2.47% in April. More than once, the Bulgarian National Bank has warned that the credit expansion in the country may worsen the portfolio in the banking..
There are overwritten capital costs in the 2023 budget draft, the President of the Confederation of Independent Trade Unions in Bulgaria (CITUB) Plamen Dimitrov said , BTA informed. The capital expenditures are set for a little over EUR 5 billion,..
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