Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

European manufacturer of electric cars ready to invest 140 million euros in Bulgaria

Caretaker Economy Minister Kiril Petkov
Photo: BGNES

A European manufacturer of electric cars has expressed interest in investing 140 million euros in Bulgaria. The deal is in its final stages. This was announced at a briefing by the caretaker Minister of Economy Kiril Petkov. 

He also pointed out that the Ministry of Economy has received 602 letters from foreign companies with the intention of investing and cooperating with Bulgaria. Petkov pointed out that these are letters received only for the last 5 weeks. 

The greatest interest is expressed by the United Kingdom, the United States and Germany, as the main areas of interest for investment are the production of medical supplies and equipment, carbon capture systems and high technology.



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

A Bulgarian-Czech Chamber of Commerce established in Sofia

On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..

published on 10/31/24 1:54 PM

The model of EU subsidies distorts agricultural production in Bulgaria, the director of the Institute of Agrarian Economics says

In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..

published on 10/31/24 9:39 AM

Business climate in Bulgaria worsens in October

In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..

published on 10/30/24 1:36 PM