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.
Monthly inflation in the country was 2% in January and annual inflation was 3.7%. This is according to preliminary data from the National Statistical Institute (NSI). The biggest increases were in the prices of heating and utilities. According to the..
One of the largest Bulgarian companies for repairing civil aviation aircraft has chosen Burgas for a major investment in aircraft repair and maintenance, the Municipality of Burgas announced. The company will build one of the largest hangar complexes..
In 2024, Bulgaria's exports of goods to third countries decreased by 5.1% compared to 2023, amounting to EUR 15.4 billion (30 114.9 million BGN), according to data from the National Statistical Institute (NSI). Bulgaria's main trading partners..
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