A Korean company, leader in the manufacture of automotive components, is to acquire two factories in Bulgaria with almost 500 workers, as part of a global asset acquisition and production diversification deal.
The deal is to be finalized during the first quarter of 2019. This was announced after the meetings Deputy Economy Minister Lachezar Borisov had with Korean companies from the automobile industry with an interest in investing in Bulgaria. In Seoul Deputy Minister Borisov took part in a session of the Korea-Bulgaria Industrial Cooperation Committee. The participants noted that during the first 6 months of 2018, Bulgaria’s exports to the Republic of Korea went up by almost 120 percent, reaching USD 40.5 million.
Vinprom-Troyan organizes Open Bottle Days from September 21 to 23. The initiative is part of the Bulgarian Plum Festival 2024, of which the company is a traditional partner. The winery will open its doors to festival visitors interested in learning..
Sofia’s urban subway system has proved to be among the most liked in Europe. The Sofia Metro was ranked the second best in Europe, surpassed only by Oslo, according to Euronews. The study was conducted by the luggage storage company..
Bulgaria’s Ambassador to North Macedonia Zhelyazko Radukov refused to accept the protest note regarding the absence of North Macedonia’s flag at the meeting between the presidents of Bulgaria and North Macedonia, the Ministry of Foreign Affairs and..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum..
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