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.
Bulgarian intermediaries have been identified as some of the links in an investigation into an international scheme for laundering Russian money. BGNES cites data from Intelligence Online according to which two Bulgarian brokerage companies..
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
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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