Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Pleven, Shumen and Plovdiv to benefit from EUR 500 million in foreign investments

PM Nikolai Denkov
Photo: Council of Ministers

The government reviewed key projects for new foreign investments in the municipalities of Pleven, Maritsa-Plovdiv and Shumen amounting to EUR 500 million, Prime Minister Nikolai Denkov has announced. “Bringing in investors capable of creating high added value, and hence better pay for the workers – this is the best kind of social policy… This is the way we can catch up with the average salaries in Europe and attain a normal European way of life,” the prime minister said.  

In Pleven the Rubin glassworks will be expanded – a 300-ton furnace and warehouses will be built and the carbon emissions will be reduced. Around 150 jobs will be created. In the municipality of Maritsa, an innovative production building with renewable energy sources will be built, the first of its kind in Central and Eastern Europe. 105 jobs will be created. In Shumen the production of aluminum alloys is being expanded, creating 136 jobs.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

A must see: the Bulgarian Pavilion at the Venice Biennale

The Bulgarian Pavilion at this year's Venice Biennale is a great success among international journalists and visitors. "It is a great recognition for us to be named as one of the must-see pavilions," says Dr Nadezhda Dzhakova, Commissioner of the..

published on 8/24/24 12:03 PM

Ombudsman reacts against stigmatisation in society

Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading international human rights standards that the Republic of Bulgaria, as a country governed by the rule of..

published on 8/24/24 10:57 AM

Moody's: There are 9,581 Bulgarian companies with more than 40% Russian ownership

Bulgaria ranks second in the European Union in the number of companies with more than 40% Russian ownership, according to a survey by Moody's. The rating agency has identified 46,000 companies in the EU owned by Russian companies or individuals...

published on 8/24/24 9:44 AM