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.
The "Stand up, Bulgaria" citizens' initiative is collecting signatures for the introduction of a cap on bank fees. The initiative's leader, former ombudsman Maya Manolova , noted that there was already a draft law, submitted by the Bulgarian..
Minister of Tourism Miroslav Borshosh and Marton Nagy - Minister of National Economy of Hungary signed a Memorandum of Understanding in the field of tourism. The Memorandum focuses on the exchange of information and experience in tourism, including..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel Vezhen, which was in the area at the time of the damage. It sails under the Maltese flag and is owned by..
''Bulgaria has welcomed with great relief and joy the release of Bulgarian citizen Daniela Gilboa, who had been held captive by Hamas. This positive..
The Bulgarian National Radio has presented its annual journalism awards "Sirak Skitnik". The grand prize went to Tsveti Radeva, host of the folk music..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
Mostly Cloudy
Fog
Partly Cloudy
Clear