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.
Bulgaria’s Minister of Foreign Affairs Georg Georgiev said that Bulgaria will strictly follow the European consensus regarding the European integration of the Republic of North Macedonia . Minister Georgiev pointed out that Bulgaria remains..
Acting Prosecutor-General Borislav Sarafov has appealed against the decision by the Plenum of the Supreme Judicial Council (SJC) to suspend the procedure for the election of the Chief Prosecutor, reports BNR journalist Silvia Velikova. The Plenum of..
Vazrazhdane is renewing its initiative to ban the construction of photovoltaic and wind power plants on agricultural land owned by municipalities and the state . Speaking on the sidelines of the National Assembly, the party's deputy Daniel Petrov..
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..
The official start of the work of the “Vitosha” tunnel boring machine for the expansion of Line 3 of the capital's metro to the..
Bulgaria has fully implemented 7 out of 28 recommendations made by the Council of Europe's Group of States against Corruption (GRECO). 11..
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