I am confident that the number of investors in Northwestern Bulgaria is yet to increase, Bulgaria’s Premier Boyko Borissov said in the town of Cherven Bryag where he visited a machine-building factory. The Austrian investors have recently expanded the production capacity of that factory. So far the company has invested over EUR 50 million in Bulgaria and employed over 1,000 people. The company’s new investment amounts to EUR 7 million. Thus, the production capacity of the factory based in Cherven Bryag will increase with 30%. One hundred new job positions will be opened in connection with the latest investment, the press office of the Bulgarian cabinet announced.
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on October 24, but President Rumen Radev vetoed parts of it, arguing that the proposed rules specifically..
Deputy Prime Ministers and Ministers of Transport Grozdan Karadzhov and Aleksandar Nikoloski signed an agreement in Gyueshevo for the construction of a railway tunnel between Bulgaria and the Republic of North Macedonia. The facility..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia District Prosecutor Natalia Nikolova said at a briefing. She indicated that 13 addresses were..
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..
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..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities..
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