“Despite the delay amidst the pandemic we are registering an investment interest in Bulgaria, in productions and business services with added value. Information and communication technologies, outsourcing are among the leading sectors which attract investments, alongside electronics, transport machines, chemistry, the food industry and logistics,” said Deputy Minister of Economy Stamen Yanev at a video conference with representatives of Swedish companies, BGNES reports. “The investments coming from Sweden in 2019 amounted to 32.3 million euro from the total flow into Bulgaria of over 1.138 billion euro, which shows there still exists untapped potential,” Deputy Minister Yanev said.
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..
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