Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria offers a number of advantages for Volkswagen's investment

Photo: EPA/BGNES

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.



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

Temenuzhka Petkova

Minister of Finance says budget deficit for 2025 will not be more than 3%

GERB never falsifies things and it is clear what the hole in the budget is due to. Let's humble ourselves a little and not try to shift the responsibility to other people. This is how Minister of Finance Temenuzhka Petkova addressed..

published on 2/6/25 10:52 AM

Link 22 communication systems will be used on new Bulgarian military ships

The Defence Committee has approved the purchase of Link 22 communication systems for the new Bulgarian military ships . The deal totalling over 1.35 million euros is being submitted for approval in parliament, as the 2025 budget is..

published on 2/6/25 9:20 AM

Tunnel boring for Sofia’s metro line 3 expansion starts

The official start of the work of the “Vitosha” tunnel boring machine for the expansion of Line 3 of the capital's metro to the "Slatina" district is on February 6. The machine will depart from the metro station at Tsarigradsko Shose..

published on 2/6/25 7:55 AM