Text size

Large investor in automotive industry to Bulgaria after state of emergency ends

published on 5/7/20 5:11 PM

Economy Minister Emil Karanikolov

Photo: BGNES

"The Bulgarian economy has its difficulties. It is part of the European economy where there is talk of an extremely severe recession", Bulgaria's Minister of Economy Emil Karanikolov said in an interview with the Bulgarian National Television. He pointed out that an analysis of the effects of the Covid-19 crisis on the country's economy was to be made, but medium- and long-term measures have already been identified. The long-term measures are aimed at returning the Bulgarian economy to the parameters with which it entered the crisis.

Karanikolov pointed out that after the state of emergency ended, a large investor from the automotive industry was expected to visit Bulgaria. This is a company that has been monitoring Bulgaria for a year and a half, the minister said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Up-to-date information automotive industry Covid-19 crisis economic recovery Emil Karanikolov investor

More from category

Regular flights from Sofia to the US expected from spring 2026

The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..

published on 10/24/25 1:45 PM

The sale of Lukoil’s assets in Bulgaria will take place only after a decision by the Council of Ministers and approval from DANS

Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..

published on 10/24/25 12:04 PM

Priеmier Zhelyazkov convenes a meeting with ministers in connection with the sanctions on Lukoil

Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..

published on 10/24/25 8:57 AM