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

The military plant in Sopot: Not only the company, but also Bulgaria is being discredited

Regarding a video published on YouTube, the management of VMZ-Sopot - the largest state-owned military enterprise in Bulgaria, say that the information presented does not correspond to the truth. The enterprise strongly objects to..

published on 9/17/25 5:15 PM

U.S. and Bulgaria strengthen partnership to fight organized crime

The United States Department of Justice led a round-table discussion today with Bulgarian partner agencies on techniques for investigating and prosecuting transnational organized crime, with a focus on future collaboration. The..

published on 9/17/25 4:26 PM

Hristo Stoichkov to be special guest at Simposar Sarajevo 2025

Legendary Bulgarian football player and winner of the 1994 Ballon d'Or, Hristo Stoichkov, will be a special guest at the international sports symposium Simposar Sarajevo 2025, BTA has reported. The sports and business event..

published on 9/17/25 3:28 PM