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German investments will create 3,500 new jobs in Bulgaria

Photo: BNR Varna

Investment projects are being launched in the field of the production of automotive components and in the field of information and communication technologies, which will create nearly 3,500 new jobs in Bulgaria. This became clear after meetings of Bulgaria's Minister of Economy and Industry, Nikola Stoyanov, with companies from the state of Bavaria, Germany. 

An automotive company producing components for some of the largest car manufacturers in the world will launch its project in Bulgaria within a few months, it was confirmed at the meeting. 

Stoyanov emphasized that in the last decade the automotive sector has been developing rapidly in Bulgaria and a number of foreign companies are investing in it. 

Currently, nearly 70,000 people are employed in the automotive industry, and a total of 270 companies operate in this sector in Bulgaria.

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