Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Minister Goranov: We did more than possible in negotiations with Volkswagen

Photo: BGNES

Bulgaria has the potential to build between 7 and 10 new industrial zones like the one in Plovdiv, Deputy Prime Minister Tomislav Donchev said during the 4th edition of Bulgaria's largest economic forum –“Industry 4.0”. According to him, it was important to ease procedures for investors.

Speaking about the missed opportunity to attract automotive giant Volkswagen, which chose Turkey over Bulgaria for its new plant, Tomislav Donchev said: "VW did not come to Bulgaria but someone else will come in the next two or three years, because there are many prerequisites for this and this is inevitable.”

Bulgarian Finance Minister Vladislav Goranov said that in negotiations with Volkswagen, Bulgaria did everything it could and beyond, but such big investors wanted a lot of privileges and 100% complete infrastructure. "Such companies expect hosts to make the investment, so they could come with the know-how and technology, but big countries are those that can afford it," Goranov said. He added that  90% of negotiations with the automotive giant were about infrastructure.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Deputy Prime Minister Atanas Zafirov

Council of Ministers has not discussed Bulgarian participation in peacekeeping forces in Ukraine

The Bulgarian Council of Ministers has not discussed the hypothesis of Bulgaria's possible participation in peacekeeping forces in Ukraine. This was stated to the media by Deputy Prime Minister and Chairman of the Bulgarian Socialist Party (BSP) Atanas..

published on 2/18/25 2:29 PM

President Radev opposes sending troops to Ukraine in any form

As Commander-in-Chief of the Bulgarian Armed Forces, I firmly oppose sending troops to Ukraine in any form, said President Rumen Radev during a celebration of the 35th anniversary of the establisment of the Confederation of Independent Trade Unions in..

published on 2/18/25 1:04 PM
Discoverer supercomputer

Experts want to create AI factory in Sofia

We are working with the INSAIT Institute in Sofia. If they approve our project, in 2026 we will build an AI factory, Petar Statev from the Supervisory Board at Sofia Tech Park has told the Bulgarian National Radio. The..

published on 2/18/25 12:19 PM