Bulgaria’s Premier Boyko Borissov, Bulgaria’s Minister of Foreign Affairs Ekaterina Zaharieva and that country’s former President Rossen Plevneliev (2012-2017) unveiled in the town of Pazardzhik a factory for manufacture of car parts. Premier Borissov greeted the investors and pointed out that nearly 40,000 jobs have been created in the automotive industry in the recent years, Boyko Borissov added that another factory for car parts will be opened soon in the city of Pleven (Central North Bulgaria) which will employ nearly 8,000 people. The new factory in Pazardzhik is the third production facility of Kostal Group in Bulgaria and part of the strategy aimed at expanding production capacity for the needs of the European market. Nearly 1.300 people are expected to be employed at the new factory in Pazardzhik.
In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute. Monthly inflation in August dropped to 0.1%, compared to 1.7% in July. Inflation measured from..
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
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