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.
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency,..
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