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

Saudis interested in investing in Bulgaria

Photo: mi.government.bg

Saudi Arabia would like to invest in a joint venture in the dairy industry in Bulgaria. The milk will be processed in Bulgaria and the products will be exported to the Gulf. The idea was discussed at a meeting between Economy Minister Nikola Stoyanov and managers of one of the largest food companies in Saudi Arabia. The meeting was also attended by the president of the state-owned company LB Bulgaricum.
Currently, the Saudi company runs a farm with 190,000 cows - as many as are bred throughout Bulgaria. The project is expected to be implemented at a later stage. The Saudis are also interested in building an airport for cargo planes in the southwestern village of Uzundzhovo.



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

Most Bulgarians support the country’s membership in NATO

If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively, according to a study by the Alliance. According to this indicator, Bulgaria ranks penultimate among..

published on 7/6/24 10:41 AM

Classic car parade takes place in Burgas today

The 17 th classic car and motorcycle parade is to take place in Burgas’ Primorski Park from 10 AM until 2.30PM today. More than 150 collectors from Burgas and the country will take part, Dimo Dzhambazov, chair of the Retro motor club, organizer of..

published on 7/6/24 7:55 AM

Weather forecast: Over the weekend temperatures will rise

On Saturday the weather will be sunny, with cumulus clouds developing in the afternoon in many parts. Temperatures will continue to rise, with minimum temperatures reaching 15-21° C., for Sofia 17° C. Daytime highs will range from 30° C., to 35° C.,..

published on 7/5/24 6:45 PM