The fact that Volkswagen has chosen to negotiate with Turkey over the new plant of the company does not mean that negotiations for Bulgaria are over. Until a contract is signed, each of the countries can be chosen, said member of the Management Board of Automotive Cluster Bulgaria and President of Bulgarian in the period 2012-2017, Rosen Plevneliev. He added that work with Volkswagen and meetings of negotiating teams would continue in the coming months. Automotive Cluster Bulgaria has been working on many other projects together with the government, Plevnelev said at a press conference at the Council of Ministers and promised a completely new strategy for the development of the automotive industry in Bulgaria. The ambition is to double the number of employees in the sector - from 60,000 to 120,000. The goal is also the number of companies in the industry to rise from 230 to 500.
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report by the European Commission on the state of the border-free zone, presented today. The report..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the National Seismological Centre at the National Institute of Geophysics, Geodesy and Geography at the..
The INSAIT Institute at the University of Sofia has released its first language model in a foreign language. MamayLM was created for the Ukrainian state and is the most powerful Ukrainian language model to date, according to the Ministry of Education...
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
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