Global companies have been considering investing in Bulgaria because of Britain's decision to leave the European Union. Experts reported about strong investors’ interest in industrial areas across Bulgaria, not only in the largest cities of Sofia and Plovdiv. However, lack of experts has been a serious problem for foreign investors. On the other companies should start offering better salaries if they wanted to retain staff but the cheaper costs in Bulgaria have been attractive to foreign businesses, experts say. There is serious interest from companies that are operating in the automotive industry, but the number of players in the food, cosmetic and pharmaceutical industries continues to grow, too. These are usually global players that are in the top five in the world in a given industry, it was reported.
By mid-December, all military units in the country will be equipped with drone control simulators, said Major General Deyan Deshkov, Commander of the Land Forces, at the Lyulyak training ground near Stara Zagora. He clarified that the drones have..
Swiss commodity trader Gunvor said it has withdrawn its proposal to buy Lukoil’s foreign assets, including the refinery in Burgas, after the U.S. Treasury called it Russia’s ‘puppet’, Reuters reported. Prime Minister: Bulgaria has a..
Bulgaria’s Premier Rosen Zhelyazkov and Ukrainie’s President Volodymyr Zelenskyy discussed energy security in the region and opportunities to strengthen cooperation in this area. The two held a phone conversation on November 6. They also discussed..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
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