A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the construction of several large enterprises in the area and the adjacent infrastructure, the BNR’s correspondent in Plovdiv Kremena Daneva reported. According to BGNES, it is a company that manufactures chips and semiconductors and holds a large share of the market. According to minister Karadimov, the investment is worth billions. An intergovernmental group will be formed to support the investor.
Rosen Karadimov pointed out that since the beginning of 2024, investments totaling half a billion leva have been attracted to the Trakia Economic Zone, and the state has supported the municipalities with nearly 7 million leva for the construction of the supporting infrastructure.
All non-household consumers will be compensated for the high cost of electricity by the end of the year, the government has decided. The European Commission has given the green light for the subsidy, the energy minister said. According to..
The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the..
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