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.
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..
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..
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..
The Bulgarian Industrial Capital Association and the Bulgarian Association of Dairy Processors have raised concerns that the prices of basic food..
In a press release, Bulgaria’s Ministry of Foreign Affairs strongly condemned the recent statements by the Prime Minister of the Republic of North..
If Bulgaria meets the eurozone criteria, there is nothing to stop it adopting the euro on 1 January 2026. This is what Brussels sources told BNR..
Cloudy
Overcast, rain
Cloudy
Occasional showers
Partly cloudy, chance of rain