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.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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