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.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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