Text size

Saudis interested in investing in Bulgaria

published on 1/12/23 1:41 PM

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!

Radio Bulgaria News airport dairy joint venture LB Bulgaricum Saudi Arabia Uzundzhovo

More from category

Adopting the euro will not make tourism more expensive, it will even reduce some prices

Bulgaria's entry into the eurozone on January 1, 2026 will not make vacations more expensive. This is what Rumen Draganov, director of the Institute for Analysis and Forecasts in Tourism told the Bulgarian National Radio. The prices..

published on 8/4/25 11:14 AM

Parliament calls for equal treatment of the Black Sea region in the EU cohesion policy

The Bulgarian Parliament, pointing out the key importance of the EU cohesion policy for the economic development of the regions in Bulgaria, insists that the Black Sea region receives equal recognition to the regions in the EU..

published on 8/4/25 9:23 AM

Ministry of Foreign Affairs has announced emergency contact numbers in Iran

The Consular Service at the Embassy of Bulgaria in Tehran has temporarily suspended services to citizens. For this reason, the diplomatic mission of Bulgaria in the Islamic Republic of Iran has published contact information in case..

published on 8/4/25 9:06 AM