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

Europe-Asia consortium invests USD 200 million in electric vehicles plant in Bulgaria

Executive Director of InvestBulgaria Agency Stamen Yanev
Photo: investbg.government.bg

A Consortium of European and Asian companies is planning to build a factory for electric vehicles in Bulgaria. A memorandum of intentions for construction of this factory was signed in the presence of Bulgaria’s Deputy Premier for Economic and Demographic Policy Mariana Nikolova. The document was signed by the Executive Director of InvestBulgaria Agency Stamen Yanev and the managers of the Korean-Chinese company Songuo Motors and the Italian Hadid Holding. The two companies voiced intentions to invest in the enterprise in Bulgaria some USD 200 million. Nearly 2,000 jobs are expected to be opened during the fulfillment of the project.




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

Georgi Ivanov (R) and Nikolai Rukavishnikov.

46 years ago today: Georgi Ivanov became the first Bulgarian cosmonaut

On this day 46 years ago, Georgi Ivanov made history as the first Bulgarian to go into space.   On 10 April 1979, at 20:34 Moscow time, the Soyuz-33 spacecraft was launched into orbit with Georgi Ivanov and Soviet commander Nikolai Rukavishnikov on..

published on 4/10/25 1:29 PM
Kostadin Kostadinov

MECH files vote of no confidence in the government

The MECH party is filing a motion of no confidence against the government, the leader of Vazrazhdane, Kostadin Kostadinov said on the sidelines of the National Assembly. The MP said that it was organized by his political force, which..

published on 4/10/25 11:25 AM

Maximum speed on highways to become 130 km/h

Drivers should drive with a maximum speed of 130 km/h on highways, which is ten less than the current permitted speed, MPs of the parliamentary Committee on Transport decided, adopting the amendments to the Road Traffic Act at first..

published on 4/10/25 9:36 AM