Bulgaria outperforms Turkey in a number of indicators in the competition to attract a new Volkswagen plant, Economy Minister Emil Karanikolov said. We outperform Turkey with EU membership, lower operating costs, highly skilled workforce and the locations we offer. Turkey's strengths are in the larger car market, its experience in the automotive industry and the fact that the state could buy a large number of cars from Volkswagen. The Bulgarian minister added that Bulgaria is still in the competition for the construction of the new plant. The final decision on its location will be taken in September.
The MPs from Vazrazhdane party will request that Minister of Finance Temenuzhka Petkova be heard in parliament regarding Bulgaria's entry into the Eurozone, announced the leader of the party, Kostadin Kostadinov. "We have inside information from..
The project for the Ruse-Veliko Tarnovo motorway will undergo changes, but for now, it is not under threat, said Minister of Regional Development and Public Works Ivan Ivanov. He checked the progress of the construction of the bypass road around the..
The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and Freedoms (DPS) – New Beginning, affiliated with Delyan Peevski and MECH party, split opinions in..
Seven years after buying the Denny ice cream factory in Veliko Tarnovo, London-based multinational Unilever is closing the plant. The company did not give..
''A Bulgarian ship was detained on suspicion of damaging a telecommunications cable under the Baltic Sea between the Latvian city of Ventspils and the..
By a government decision, as of today an interdepartmental council is being set up for the screening of foreign direct investments. It will examine..
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