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.
Protecting the rights and caring for Bulgarian communities abroad are fundamental to Bulgarian foreign policy, said Bulgarian President Rumen Radev at a meeting with the Bulgarian community in Riyadh . He answered the questions of Bulgarians working and..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the earthquake. The epicenter was near the city of Sundargah in the Balıkesir province. In addition to..
The Bulgarian National Bank reports a sharp increase in new household deposits . The growth in euro deposits is impressive. In just one month, amounts worth 334 million leva (over 161 million euros) were placed in deposit accounts. This is 57% more than..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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