Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

German investments will create 3,500 new jobs in Bulgaria

Photo: BNR Varna

Investment projects are being launched in the field of the production of automotive components and in the field of information and communication technologies, which will create nearly 3,500 new jobs in Bulgaria. This became clear after meetings of Bulgaria's Minister of Economy and Industry, Nikola Stoyanov, with companies from the state of Bavaria, Germany

An automotive company producing components for some of the largest car manufacturers in the world will launch its project in Bulgaria within a few months, it was confirmed at the meeting. 

Stoyanov emphasized that in the last decade the automotive sector has been developing rapidly in Bulgaria and a number of foreign companies are investing in it. 

Currently, nearly 70,000 people are employed in the automotive industry, and a total of 270 companies operate in this sector in Bulgaria.



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

There is no direct threat to Bulgaria from the escalation of tension in the Middle East

At the moment, there is no direct threat to our country stemming from the sharp deterioration of the security environment in the Middle East, President Rumen Radev announced after the three-hour meeting of the Consultative Council on..

published on 10/4/24 2:26 PM
Caretaker Defence Minister Atanas Zapryanov

Bulgaria must be prepared for all scenarios in the Middle East: Defence Minister Atanas Zapryanov

We must be prepared for the worst-case scenario because the situation is escalating after Iran’s direct attack against Israel, said caretaker Minister of Defence Atanas Zapryanov for public service TV BNT. “We have response steps which is the next..

published on 10/4/24 10:51 AM

Rose oil production up by 10% in 2024

10,335 tons of roses have been produced in Bulgaria in 2024, almost 1,000 tons more than last year, the Consultative Council on Oil Bearing Roses says. There are almost 3,000 rose producers registered in the country, and 53 rose oil distilleries..

published on 10/4/24 9:59 AM