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 Tuesday morning, visibility will be reduced in the plains and valleys . Minimum temperatures will be between minus 10 and minus 4°C, reaching minus 14°C in isolated valleys. In Sofia it will be around minus 10°C. During the day it will be mostly..
Bulgaria’s Minister of Energy Zhecho Stankov is on a working visit to the USA to participate in the Sixth Delphi Forum in Washington DC . His schedule includes participation in a high-level discussion on the new map of energy diplomacy, as well..
An incident involving a drone that entered the Sofia Airport area on February 7, causing the disruption of 6 flights, led to a meeting today initiated by Deputy Premier and Minister of Transport and Communications, Grozdan Karadzhov. The meeting..
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..
Maria Bakalova is set to star in Sylvester Stallone’s new film “My Masterpiece”, the professional film website IMDB writes. According to the official..
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