The German company MD Elektronik is to invest over 11 million euro /21.5 million Leva/ in a plant for data transmission cables and electronic components in Vratsa.
Today the company and the municipality signed a contract for the purchase of a land plot worth 700,000 euro /1.4 million Leva/. The company is planning to construct factory buildings, logistics and office buildings in Vratsa.
To beginwith 300 new jobs will be created, with a starting monthly salary for low-skilled employees of 500 euro.
Mayor Kalin Kamenov stated that once the new factory starts functioning many people who have left Vratsa are sure to return to the town.
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
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