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 emergency renovation of Graf Ignatievo Airport will cost just over EUR 110 million excluding VAT. The repair contracts have been awarded to four companies, which the Ministry of Defense announced publicly, with their selection being an exception..
In a press release, Bulgaria’s Ministry of Foreign Affairs strongly condemned the recent statements by the Prime Minister of the Republic of North Macedonia Hristijan Mickoski regarding the Bulgarian minority in the country and its inclusion in the..
Restaurateurs from around the country are holding a national meeting today in Veliko Tarnovo to discuss taking measures to protect the differentiated 9% VAT rate for catering establishments, BNR’s correspondent in Veliko Tarnovo Zdravka Maslyankova..
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..
In line with the example set by Croatia, followed by Greece, Romania, Slovenia, North Macedonia, Montenegro, and Bosnia and Herzegovina , four..
The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the..
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