The government reviewed key projects for new foreign investments in the municipalities of Pleven, Maritsa-Plovdiv and Shumen amounting to EUR 500 million, Prime Minister Nikolai Denkov has announced. “Bringing in investors capable of creating high added value, and hence better pay for the workers – this is the best kind of social policy… This is the way we can catch up with the average salaries in Europe and attain a normal European way of life,” the prime minister said.
In Pleven the Rubin glassworks will be expanded – a 300-ton furnace and warehouses will be built and the carbon emissions will be reduced. Around 150 jobs will be created. In the municipality of Maritsa, an innovative production building with renewable energy sources will be built, the first of its kind in Central and Eastern Europe. 105 jobs will be created. In Shumen the production of aluminum alloys is being expanded, creating 136 jobs.
The special commercial administrator of Lukoil Neftochim Burgas, Rumen Spetsov, has dismissed Evgeny Manyakhin as chairman of the company's board and revoked his authority to represent the company. The decision has been published in the Commercial..
Four in five Bulgarians do not believe the country’s democracy is genuine, according to an independent survey by the Myara sociological agency. The poll found that 81.2% of respondents said Bulgaria does not have real democracy, while 78.2%..
Convictions for high-level corruption in Bulgaria have been few so far. Sustained progress against high-level corruption is needed. This was stated by EU Commissioner for Justice, Michael McGrath, after the meeting of the EU General..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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