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.
On Monday, the minimum temperatures will be between minus 9 and minus 4°C, in Sofia - around minus 8°C . During the day it will be mostly sunny, with scattered medium and high cloudiness over Western Bulgaria. Before noon over the eastern regions the..
Citizens of Serbia gathered on February 9 for a 15-minute silent protest under the slogan “Sofia supports the students” in front of the Serbian embassy in the Bulgarian capital. The organizers told BTA that they were standing in solidarity with the..
On February 7, a border patrol with Frontex officers, after hours of surveillance, seized a car with two Italian citizens, one from Spain and one from Lithuania in the area of the town of Zvezdets. Those posing as members of an NGO met a group of 11..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
The parliamentary group of DPS-Democracy, Rights and Freedoms, affiliated with Ahmed Dogan declared they were categorically opposed to the appointment..
By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova..
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