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.
The postponement of the request for a convergence report on Bulgaria's entry into the Eurozone is not fatal. It is more important to achieve stability in governance, finance and the economy, Vice President Iliana Iotova said. She participated in the..
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 follows the example of a civic boycott of food chains in Croatia, which spread to other Balkan..
Economists and financiers have started a petition demanding that a request for an extraordinary convergence report on the introduction of the euro in Bulgaria be submitted no later than February. "If urgent action is not taken by the government for..
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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