Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria offers a number of advantages for Volkswagen's investment

Photo: EPA/BGNES

Bulgaria outperforms Turkey in a number of indicators in the competition to attract a new Volkswagen plant, Economy Minister Emil Karanikolov said. We outperform Turkey with EU membership, lower operating costs, highly skilled workforce and the locations we offer. Turkey's strengths are in the larger car market, its experience in the automotive industry and the fact that the state could buy a large number of cars from Volkswagen. The Bulgarian minister added that Bulgaria is still in the competition for the construction of the new plant. The final decision on its location will be taken in September.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

EBRD to establish a technology center in Bulgaria focused on AI

The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data , artificial intelligence, cybersecurity, and cloud services. This becomes possible after the..

published on 11/19/25 4:58 PM

Numerous violations along Bulgarian Black Sea Coast found in inspections after the deadly floods

Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment and Water. Minister Manol Genov ordered the inspection following the October floods in the southern..

published on 11/19/25 4:46 PM

President Rumen Radev again calls for a referendum on the introduction of the euro

With 128 votes in favour, the governing majority in Parliament and three independent MPs rejected the president’s veto on the Law on Defence and the Armed Forces. The amendments expand the possibilities for declaring a state of emergency and..

published on 11/19/25 1:00 PM