A Korean company, leader in the manufacture of automotive components, is to acquire two factories in Bulgaria with almost 500 workers, as part of a global asset acquisition and production diversification deal.
The deal is to be finalized during the first quarter of 2019. This was announced after the meetings Deputy Economy Minister Lachezar Borisov had with Korean companies from the automobile industry with an interest in investing in Bulgaria. In Seoul Deputy Minister Borisov took part in a session of the Korea-Bulgaria Industrial Cooperation Committee. The participants noted that during the first 6 months of 2018, Bulgaria’s exports to the Republic of Korea went up by almost 120 percent, reaching USD 40.5 million.
It is important to the newly-elected government what kind of budget it is going to propose and uphold, and if it garners support in parliament, how it is going to guarantee its fulfillment, said Prime Minister Rosen Zhelyazkov in answer to a..
Bulgaria’s Ambassador to Türkiye Angel Cholakov paid a visit to the Bulgarian pavilion at the 28 th edition of the 28th East Mediterranean International Tourism & Travel Exhibition EMITT 2025 . Every year the number of Turkish tourists..
Italy’s ambassador to Bulgaria Giuseppina Zarra met with Deputy PM and Minister of Transport Grozdan Karadjov. The two discussed bilateral cooperation in the sphere of connectivity, with a particular focus on the progress in completing European..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
GERB never falsifies things and it is clear what the hole in the budget is due to. Let's humble ourselves a little and not try to shift..
Europe will have to reform its governance structures so as to speed up the decision-making process and mobilize its resources, said President Rumen..
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