Bulgaria could turn into an innovations hub for the automotive industry. Seven projects by companies from the industry are being looked into for potential investments amounting to over EUR 1 billion, which will create 4,000 jobs, Minister of Innovation and Growth Daniel Lorer announced.
Minister Lorer opened an international conference in Sofia - Automotive & Mobility Forum 2022 - with the participation of representatives from the Balkans and Eastern Europe. In his words the future is connected with electric and autonomous cars, and this country can become a leader in developing software for them.
The CEO of the Automotive Cluster, Bulgaria Lubomir Stanislavov explained that more than 70,000 people are already employed in the 350-company sector.
The annual growth of incomes outpaced that of expenses in 2024. According to data from the National Statistical Institute, in 2024 the average annual total income per household member in Bulgaria reached 12,857 BGN (6,573.68 EUR) and increased by 18.5%..
The pig meat sector in Bulgaria is showing signs of growth. This was announced at the International Forum "Modern Trends in Pig Farming: Scientific, Market and Regulatory Aspects", held today in Stara Zagora. It was highlighted that 53% of the..
The total output at basic prices from the agriculture sector in 2024 amounts to €4,970.1 million, which is 7.9% less compared to the previous year. This decline is due to two main factors: a 3.2% decrease in the quantity of agricultural..
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