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

Components produced in Bulgaria will soon be present in every European car

Photo: mi.government.bg

Bulgaria has been proud of the fact that 9 out of 10 cars in Europe have parts in them that were produced in this country. In the near future Bulgarian components will be present in every European car as we have a confirmation from a new investor that is a global manufacturer in the automobile industry. This is what Minister of Economy Nikola Stoyanov said at the seminar for new members of the foreign diplomatic corps in Bulgaria, organized by the Ministry of Foreign Affairs.

The minister told foreign diplomats that Bulgaria is a very attractive place for investments. It is third in the world in terms of IT specialists per capita and is among the top ten countries with highly educated software engineers in Europe.




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

U.S. State Department report analyzes the Bulgarian economy

Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..

published on 10/1/25 10:11 AM

Bulgaria sees higher demand than supply of jobs

Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..

published on 9/30/25 12:26 PM

Is raising taxes inevitable if we want to fix the budget?

At the end of September, with a little over three months to go until the Rubicon in Bulgarian public finance - 1 January, 2026, when the country will officially leave the currency board and adopt the single European currency, the euro – issues..

updated on 9/26/25 1:02 PM