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

Europe motorway

EU-funded road projects frozen, funding redirected to other projects

EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe motorway, connecting Sofia with the border with Serbia. Almost EUR 500 million for the..

published on 3/14/25 11:53 AM
National Library Sts. Cyril and Methodius

Parliamentary culture committee votes against changing name of National Library

The Culture Committee of the Bulgarian National Assembly failed to approve, at first reading, a bill on amendments to the Public Libraries Act to rename the National Library Sts. Cyril and Methodius to People’s Library. 2 MPs voted “for”, 4 voted..

published on 3/14/25 9:58 AM
Yordan Tsonev

Proposal for creation of state-run chain stores for Bulgarian groceries to be voted alongside budget

A proposal for the establishment of a state-run company for trading in groceries, primarily produced in Bulgaria, via chain stores, was approved by the National Assembly’s Committee on Budget and Finance. The proposal was tabled between the..

published on 3/14/25 9:40 AM