A new e-bike factory near the town of Plovdiv will create 1,000 new jobs, it became clear during the visit of caretaker Minister of Innovation and Growth Alexander Pulev to the production facility of e leading e-bike company.
The Bulgarian company is one of the largest bicycle manufacturers in Europe with an annual production capacity of over 400,000 biclycles. The company’s owner Maxim Mitkov and Minister Pulev discussed the construction of the factory, which will be located in Trakia Economic Zone near the village of Radinovo. The new factory will be a joint venture between the Bulgarian company and an Austrian manufacturer. Their investment will amount to 120 million BGN (EUR 61.3 million). The production of electric bikes is expected to start in 2024.
The government is neither fully using this contract to satisfy domestic consumption, nor selling to third parties through its capacity, nor renegotiating, President Rumen Radev told journalists in response to a question from BNR..
Citizens gathered in the so-called triangle of power in Sofia, demanding the resignation of the government and keeping the Bulgarian lev, BNR reporters Nikolay Hristov and Svetoslava Kuzmanova informed. The protest was organized by..
There are some foreign employees from EU Member States working in hotels on the northern Black Sea coast, Dimitar Dimitrov, chairman of the structure of the Bulgarian Hotel and Restaurant Association in Dobrich, told BTA. Most..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose..
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the..
Partly Cloudy
Clear