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

Strong investor interest in Bulgaria by South Korean companies

Photo: EPA/BGNES

There is strong investor interest in Bulgaria by companies from South Korea, said Prime Minister Boyko Borissov.

Besides with Volkswagen, negotiations on the construction of an automotive plant in Bulgaria are underway with Hyundai as well, the Bulgarian PM said, and added that he expected more clarity on the South Korean investment, which amounts to over USD 1.5 billion, by September.

Minister of Economy Emil Karanikolov added that there is a second South Korean investor – SK Innovation, the world’s biggest car battery manufacturer - who is searching out for sites in Bulgaria. Communication is still at a very early stage and Bulgaria will be in competition with several other countries for the future plant, Minister Karanikolov said. 



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

Showers are expected across much of Bulgaria over the weekend

On Saturday, minimum temperatures will range from 8 to 13°C , around 9°C in Sofia. It will be mostly cloudy with rain in many areas. There will be temporary breaks in cloud cover over southern regions. Overnight into Sunday, cloudiness will begin to..

published on 10/17/25 7:05 PM

Fourth air ambulance helicopter arrives in Bulgaria

Bulgaria has received its fourth air ambulance helicopter.  “The new aircraft will be based at the Georgi Benkovski Air Force Academy hangar in Dolna Mitropolia. From there, it will serve a wide regional area and make a significant contribution to the..

published on 10/17/25 4:24 PM

BNR will host 2025 Public Broadcasters International conference

The Bulgarian National Radio will host the 2025  Public Broadcasters International (PBI) Annual Conference . The prestigious forum will be held from 20 to 22 October for the first time in the Bulgarian capital Sofia. The theme of the PBI..

published on 10/17/25 3:34 PM