Trakia Economic Zone near Plovdiv is expected to attract an investment amounting to EUR 1 billion, the industrial area’s Chief Executive Officer Engineer Plamen Panchev said for Blоmbеrg TV. Active talks are being held with a major investor on the production of solar panels and batteries. According to Plamen Panchev, the potential investor is an international company with businesses in Asia and Europe. "We are in serious talks with an American company as well", Plamen Panchev added.
In an interview for Nova TV, Bulgaria’s caretaker Minister of Innovation and Growth Alexander Pulev reiterated that the Dobroslavtsi economic zone will specialize in the automotive sector. The industrial zone will be open within 12 months. According to Minister Pulev, negotiations are being held with three major investors for projects worth between EUR 1.5 and 3 billion.
An organised criminal group trafficking drugs from Spain and the Netherlands to Turkey has been dismantled by the State Agency for National Security (DANS) and the General Directorate for Combating Organised Crime (GDBOP). The leader of the group and..
Last week, Greece, Spain, Bulgaria, Montenegro and Albania activated the EU Civil Protection Mechanism to help them deal with forest fires, many of which are occurring simultaneously across Europe, the European Commission announced...
A consortium of Azerbaijan's state company SOCAR and Turkish private holding Cengiz is the preferred candidate for the business of Russian company Lukoil in Bulgaria, Dnevnik has reported, quoting Capital. Last month, CEO and co-owner..
On Wednesday, minimum temperatures will range from 18 to 23°C , in Sofia – 18°. It will be a sunny and hot day, with a yellow heat warning in place..
German fighter jets escorted a Ryanair Boeing 737 from Sofia to London on 11 August after a false emergency call claimed there was a Palestinian..
The number of companies requesting licenses for weapons-related activities from the Commission for Export Control and Non-Proliferation..
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