Text size

Saudis interested in investing in Bulgaria

published on 1/12/23 1:41 PM

Photo: mi.government.bg

Saudi Arabia would like to invest in a joint venture in the dairy industry in Bulgaria. The milk will be processed in Bulgaria and the products will be exported to the Gulf. The idea was discussed at a meeting between Economy Minister Nikola Stoyanov and managers of one of the largest food companies in Saudi Arabia. The meeting was also attended by the president of the state-owned company LB Bulgaricum.

Currently, the Saudi company runs a farm with 190,000 cows - as many as are bred throughout Bulgaria. The project is expected to be implemented at a later stage. The Saudis are also interested in building an airport for cargo planes in the southwestern village of Uzundzhovo.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News airport dairy joint venture LB Bulgaricum Saudi Arabia Uzundzhovo

More from category

Bulgarian infrastructure to be modernized with the help of concessions

In addition to using EU funds, accelerating the development of key infrastructure projects can be achieved through concession mechanisms. This is a tool that the European Commission encourages. This was what Deputy Prime Minister and Minister of..

published on 9/16/25 6:33 PM

Sixth unit of Kozloduy NPP will also operate with US fuel

The sixth unit of the Kozloduy NPP will also start operating with American nuclear fuel next year. The first six Westinghouse cartridges will be placed in the reactor to determine their effect on electricity production. This became clear at a..

published on 9/16/25 6:18 PM

4-year-old boy hit by ATV in Bulgaria's Sunny Beach resort has been taken out of intensive care

4-year-old Martin, who was hit by an ATV in a heavy accident on a sidewalk in Bulgaria's Sunny Beach resort is in stable condition and has been taken out of intensive care . This was reported by Nova TV, referring to a statement of Sofia's Emergency..

published on 9/16/25 5:13 PM