Companies from India will invest over USD 55 million in different projects in Bulgaria, said Deputy Economy Minister Alexander Manolev during a Bulgarian-Indian business forum in Sofia and added that over the past 10 years bilateral trade has gone up three times – from USD 79 million in 2006 yo USD 215 million in 2016.
The Indian investors expressed appreciation of the potential for development of the IT and outsourcing sector in Bulgaria. Sutherland Global Services has opened four outsourcing centres in the country. A total of 1,600 employees work at the company’s offices in Bulgaria, catering for the European market of leading world companies in more than 16 languages. Bulgarian companies are also successful on the Indian market in internet technologies, bitumen packing, veterinary pharmaceuticals etc.
The Sofia City Prosecutor's Office has brought former caretaker Interior Minister Ivan Demerdzhiev under investigation for mismanagement . The case concerns an annex to the contract for the creation of the new personal documents system, signed by..
A contract for the purchase of 35 electric multiple units (EMUs) has been signed at the Council of Ministers. This is the largest order placed by the Bulgarian state in the last 20 years and the largest investment in rolling stock, announced Transport..
If we delay and do not reorganize and modernize our arms industry, in 5-6 years it will be exotic for the European arms market. This is a major challenge", said Bulgaria’s Minister of Defense Atanas Zapryanov during the discussion “The Hague 2025:..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
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