One of South Korea's largest companies has been exploring Bulgaria and two other countries for making an investment of more than 1.5 billion euros, Bulgarian Economy Minister Emil Karanikolov said in Seoul. He is taking part in a delegation led by Prime Minister Boyko Borisov, who is on an official visit to South Korea.
Minister Karanikolov said the investment was about building a car battery factory that could be used by different companies. The project is not affiliated with Hyundai or Volkswagen, it was also reported. The Hyundai European Headquarters will be exploring the possibilities of setting up an Autonomous Car and Electric Car Test Center in Bulgaria, as well as auto parts production facilities.
Bulgaria is among the top 5 countries in the EU in terms of growth in the number of nights spent by visitors in the period Apr-June 2024 compared to the same period in 2023, Eurostat said. The data show that the country is establishing itself as a..
Parliament has adopted, in first reading, amendments to the Tourism Act that regulate the criteria for the designation of National Resorts. The designation will be made by a decision of the Council of Ministers on the proposal of the Minister of..
One out of five Bulgarians has received support from the European Social Fund during the past 7 years, caretaker Minister of Social Affairs Ivaylo Ivanov said at the "Europe is with me" forum, organized by the "Human Resources..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
Bulgarian Minister of Defense Atanas Zapryanov takes part in the B9 Defence Ministers Meeting, chaired by Romania and Poland. The forum..
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