Minister of Innovation and Growth Daniel Lorer gave the start to a project for the construction of an electric bicycles plant near Plovdiv. The joint EUR 40 million investment is between the Plovdiv bicycle maker Maxcom and the Austrian Pierer Group. The new factory will be located in the Trakia Economic Zone and will create 1,000 new jobs for Plovdiv and the surrounding area.
“This kind of production will shoot Bulgaria to top position in the manufacture of electric bicycles in Europe,” Daniel Lorer said at the event.
To insist on seeking a military settlement to the conflict in Ukraine is a losing venture. Europe should support the efforts of the US to find a better solution, said President Rumen Radev at the Chief of Defence Annual Conference in Sofia. At..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US President Donald Trump and French President Emmanuel Macron at the White House. “The institutions in..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air defence systems and CAESAR self-propelled howitzers. The Ministry of Defence applied for and..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
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