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

Minister Goranov: We did more than possible in negotiations with Volkswagen

Photo: BGNES

Bulgaria has the potential to build between 7 and 10 new industrial zones like the one in Plovdiv, Deputy Prime Minister Tomislav Donchev said during the 4th edition of Bulgaria's largest economic forum –“Industry 4.0”. According to him, it was important to ease procedures for investors.

Speaking about the missed opportunity to attract automotive giant Volkswagen, which chose Turkey over Bulgaria for its new plant, Tomislav Donchev said: "VW did not come to Bulgaria but someone else will come in the next two or three years, because there are many prerequisites for this and this is inevitable.”

Bulgarian Finance Minister Vladislav Goranov said that in negotiations with Volkswagen, Bulgaria did everything it could and beyond, but such big investors wanted a lot of privileges and 100% complete infrastructure. "Such companies expect hosts to make the investment, so they could come with the know-how and technology, but big countries are those that can afford it," Goranov said. He added that  90% of negotiations with the automotive giant were about infrastructure.




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

Weather forecast: Fog, sun and clouds will alternate on Sunday

During the night, the cloud cover will remain significant over the eastern parts of Bulgaria. Clear skies are in the forecast for the rest of the country. Around and after midnight, there will be fog in some valleys and lowlands . Minimum..

published on 1/25/25 5:20 PM

Bulgaria welcomes the release of hostage Daniela Gilboa from captivity by Hamas

''Bulgaria has welcomed with great relief and joy the release of Bulgarian citizen Daniela Gilboa, who had been held captive by Hamas. This positive outcome is the result of intense diplomatic efforts, in which Bulgaria  actively  participated'',..

published on 1/25/25 5:00 PM

Personnel and military equipment to be transported through the territory of Bulgaria between January 24 and February 9

Personnel and military equipment will be transported through the territory of Bulgaria between January 24 and February 9. The Ministry of Defense announced that the military will participate in NATO’s largest exercise for 2025, Steadfast Dart 25...

published on 1/25/25 1:39 PM