There is strong investor interest in Bulgaria by companies from South Korea, said Prime Minister Boyko Borissov.
Besides with Volkswagen, negotiations on the construction of an automotive plant in Bulgaria are underway with Hyundai as well, the Bulgarian PM said, and added that he expected more clarity on the South Korean investment, which amounts to over USD 1.5 billion, by September.
Minister of Economy Emil Karanikolov added that there is a second South Korean investor – SK Innovation, the world’s biggest car battery manufacturer - who is searching out for sites in Bulgaria. Communication is still at a very early stage and Bulgaria will be in competition with several other countries for the future plant, Minister Karanikolov said.
We will talk about defence funds. We believe that it is too early to talk about increasing the budget when a number of countries have not yet reached 2%, Prime Minister Rosen Zhelyazkov said as he entered an informal meeting of EU leaders in Brussels...
For the third consecutive year, the Consulate General of the Republic of Bulgaria in New York hosted the annual alumni meeting of the American University in Bulgaria, the diplomatic mission announced on Facebook. The event brought together board..
A total of 16,268 people received Bulgarian citizenship in 2024, according to the report from the commission to Vice President Iliana Iotova . In 2023, the number of those who obtained a Bulgarian passport was 12,205. 11,778 people received..
Economists and financiers have started a petition demanding that a request for an extraordinary convergence report on the introduction of the euro in..
The Deputy Chairman of VMRO, Carlos Contrera, called for a boycott of large food chains in Bulgaria ''because of high prices''. His call on Facebook..
Some of the existing mobile networks in Bulgaria will be switched off in 2025. The Chairman of the Communications Regulation Commission, Ivan..
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