Bulgaria continues to compete for the new Volkswagen plant. This is a headline in influential German newspaper Handelsblatt. In an interview for the paper, Prime Minister Boyko Borissov said that Bulgaria was outperforming all of the countries in the region when it came to low investment risk. A competitive tax system, business-friendly regulations and state aid within the EU regulations, combined with good transport links and low labor costs, are the country's major advantages. Such an investment in Bulgaria would be a positive signal to the whole of Eastern Europe, PM Borissov pointed out. Volkswagen's management told Handelsblatt negotiations with major candidates for the new plant were ongoing.
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..
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..
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..
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching..
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to..
As part of an investigation led by the European Public Prosecutor's Office (EPPO) in Sofia, the police carried out several searches and..
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