An investment of more than 600 million euros in the field of production of critical components for the automotive industry is expected to be made at the beginning of the New Year.
"The Western European investor, which has several production locations in Europe and experience in Bulgaria, is considering two possibilities for situating its production - in northern Bulgaria, near Ruse, or in the region of Stara Zagora," Minister of Economy Bogdan Bogdanov has told BTA. According to him, the development of electric autonomous cars is one of the main trends in Europe and the country is positioned in this sector with the possible contribution to the national economy next year reaching between 10 and 12% of GDP.
Minister Bogdanov pointed out that this is only one of several investment intentions for 2024.
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
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