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

Chinese company plans to invest USD 100 million in Bulgaria

Photo: library

At a meeting with Prime Minister Boyko Borissov in Sofia, a Chinese delegation presented an investment project for the manufacture of aluminum automobile wheel rims in Rousse on the Danube.

The project of the Chinese state-owned company SITIC Group envisages investments of USD 100 million and the creation of 300 jobs, promising to observe all EU environmental standards. The delegation stated an interest in investing in other sectors such as infrastructure and agriculture. The Bulgarian Prime Minister on his part stated that Chinese companies had been displaying a marked interest in Bulgaria because of the country’s strategic location and its economic and tax regime. 



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

Kiril Petkov

PP-DB will vote for Speaker of the Parliament after a signature under their declaration

PP-DB will not support a candidate for Speaker of the 51st Parliament from any party that has not supported the coalition's declaration for a cordon sanitaire against Delyan Peevski. They pointed out that this was the only way to..

published on 11/29/24 4:22 PM

Trial of Bulgarians accused for spying for Russia continues in London

The trial of six Bulgarians accused of spying for Russia continues in the United Kingdom. The head of the "spy cell" Orlin Rusev and Biser Dzhambazov pleaded guilty. Three others - Katrin Ivanova, Vanya Gaberova and Tihomir..

published on 11/29/24 3:40 PM

Eighth failure of the parliament to elect speaker

Today's eighth attempt by the Bulgarian MPs to elect a speaker of the National Assembly also proved unsuccessful. At the beginning of the day, there was a ray of hope that this time the people's representatives would reach a..

published on 11/29/24 2:49 PM