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 Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense Minister Atanas Zapryanov said that this is necessary because Bulgaria will encounter difficulties in..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
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,..
According to data from the National Seismological Center at the National Institute of Geophysics, Geodesy and Geography - BAS, at 16:48 an earthquake..
The Speaker of the National Assembly has no right to rule unilaterally on a national referendum. This becomes clear from a decision of the Constitutional..
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