A Korean company, leader in the manufacture of automotive components, is to acquire two factories in Bulgaria with almost 500 workers, as part of a global asset acquisition and production diversification deal.
The deal is to be finalized during the first quarter of 2019. This was announced after the meetings Deputy Economy Minister Lachezar Borisov had with Korean companies from the automobile industry with an interest in investing in Bulgaria. In Seoul Deputy Minister Borisov took part in a session of the Korea-Bulgaria Industrial Cooperation Committee. The participants noted that during the first 6 months of 2018, Bulgaria’s exports to the Republic of Korea went up by almost 120 percent, reaching USD 40.5 million.
On Wednesday minimum temperatures will range from 18° C. to 22° C., for Sofia 18° C. During the day the weather will be predominantly sunny with temporary clouds. Cumulus clouds will develop after midday over the mountains in Eastern Bulgaria and..
The REXDAN ship, which is conducting a large-scale study of the configuration and dynamics of the Danube River - from the Black Sea to Vienna , has docked near Bulgaria's town of Ruse. The vessel is owned by the Lower Danube University in the Romanian..
“Entering the Eurozone does not present any risk to Bulgaria. Adopting the Euro can only serve as a powerful accelerator for our economic growth,” said Deputy PM and Minister of Innovation and Growth Tomislav Donchev during the discussion “The..
Bulgarian students won four medals at the International Chemistry Olympiad (IChO). They earned one gold, one silver and two bronze medals at the..
From 1 January 2026, Bulgaria will join the Eurozone , and the lev and stotinki will become a thing of the past. While the new currency will have a..
Bulgaria’s candidate for judge at the Court of Justice of the European Union , Associate Professor Alexander Kornezov, has been approved , lex.bg..
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