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

Economy Minister Emil Karanikolov: Bulgaria stands ready to manufacture cars

Emil Karanikolov
Photo: BGNES

Economy Minister Emil Karanikolov declined to comment on the postponement of the decision by the German automotive giant Volkswagen on where they will build their new plant in the Balkans.

“Bulgaria stands ready to manufacture cars. Workers and business in Bulgaria have reached such a level as to be able to manufacture whole cars,” said Minister Karanikolov and added that it is up to any strategic investor to announce, themselves, where they will target their investments. In Minister Karanikolov’s words, the Volkswagen board of directors will come to a decision soon.

The Volkswagen management declared it was beginning negotiations on the planned new factory in Eastern Europe. Bulgaria, Romania, Serbia and Turkey are vying for this investment 



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

EU Commissioner candidate Zaharieva supports funding for defence technology

"I support the allocation of more funds in the field of innovation for defence" - this is how the Bulgarian candidate for the post of European Commissioner for Start-ups, Research and Innovation, Ekaterina Zaharieva, answered a question by Bulgarian MEP..

published on 11/5/24 1:56 PM

Vice President Iotova presents replica of a Thracian phial to the mayor of Los Angeles

Vice President Iliana Iotova met with Mayor of Los Angeles Karen Bass. Iotova paid a visit to the American city on the occasion of the opening of the exhibition "Ancient Thrace and the Classical World. Treasures from Bulgaria, Romania..

published on 11/5/24 11:26 AM
Vesna Bendevska

The rulers in Skopje continue to repress the Bulgarians in Bitola

The Deputy Speaker of the Parliament of North Macedonia, Vesna Bendevska, has reported to the Prosecutor's Office in Bitola that the Bulgarian cultural club "Ivan Mihailov" in the city continues to function, despite its deletion from..

published on 11/5/24 10:47 AM