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

Europe-Asia consortium invests USD 200 million in electric vehicles plant in Bulgaria

Executive Director of InvestBulgaria Agency Stamen Yanev
Photo: investbg.government.bg

A Consortium of European and Asian companies is planning to build a factory for electric vehicles in Bulgaria. A memorandum of intentions for construction of this factory was signed in the presence of Bulgaria’s Deputy Premier for Economic and Demographic Policy Mariana Nikolova. The document was signed by the Executive Director of InvestBulgaria Agency Stamen Yanev and the managers of the Korean-Chinese company Songuo Motors and the Italian Hadid Holding. The two companies voiced intentions to invest in the enterprise in Bulgaria some USD 200 million. Nearly 2,000 jobs are expected to be opened during the fulfillment of the project.




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

Bulgaria included in European familiarisation tour of senior US officers

Deputy Minister of Defence Radostin Iliev and Deputy Chief of Defence Lt. Gen. Krassimir Kanev hosted senior U.S. officers from the National Defense University on February 14. The officers, who have completed the CAPSTONE Senior Military Leadership..

published on 2/14/25 3:00 PM

Ex-PM Kiril Petkov to stand trial over arrest of GERB leader Boyko Borissov

Kiril Petkov, co-chairman of We Continue the Change (PP), is to be tried over the arrest of GERB leader Boyko Borissov on March 17 2022 . Prosecutors submitted the charges against Petkov to the Sofia City Court two months after he voluntarily waived his..

published on 2/14/25 1:40 PM

A new pair of black vultures spotted in the Eastern Rhodopes

A male black vulture, released as part of the reintroduction of the species, has managed to find a life partner, who probably comes from the black vulture colony in Dadia National Park in Greece. The new pair was spotted in the..

published on 2/14/25 12:33 PM