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.
During an operation by the General Directorate Combating Organized Crime on February 6, three Bulgarians were arrested for participating in an international criminal group operating on the territory of the European Union. A..
The idea of a price ceiling for basic food products has not yet been discussed with the partners in the ruling coalition. According to Prime Minister Rosen Zhelyazkov, direct state intervention in the market for basic consumer..
Bulgaria has paid 11% of the available funds under the EU's Recovery and Resilience Programme. This is less than 700 million euros for 4 years, Deputy Prime Minister Tomislav Donchev said in parliament. At the end of 2023, a..
In connection with the incident involving a drone intercepted in the vicinity of Sofia Airport last night, deputy Prime Minister and Minister of..
The Bulgarian identity card won first place for best ID card in Europe for 2024 at the High Security Printing EMEA-2025 conference in Basel,..
Almost 80% of the employers and entrepreneurs in Bulgaria who took part in a poll by the Bulgarian Chamber of Commerce and Industry say they are in dire..
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