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.
In response to media reports that a company registered in Bulgaria supplied pagers to the Lebanese organization Hezbollah, which were subsequently detonated in Lebanon and Syria, the State Agency for National Security (SANS) announced that no customs..
Vice President Iliana Yotova met with participants of the Third International Traveling Conference "Picturesque Bulgaria: Interdisciplinary Dialogues at Home". The project, held under the auspices of Vice President Iliana Iotova, includes research by..
Bulgarians in North Macedonia need Bulgaria's support, said representatives of the Bulgarian community in Prilep, Struga, Bitola and Kavadarc i. ''Since 2021, when anti-Bulgarian rhetoric has reached indecent levels in North Macedonia, it..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum..
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