Text size

Saudis interested in investing in Bulgaria

published on 1/12/23 1:41 PM

Photo: mi.government.bg

Saudi Arabia would like to invest in a joint venture in the dairy industry in Bulgaria. The milk will be processed in Bulgaria and the products will be exported to the Gulf. The idea was discussed at a meeting between Economy Minister Nikola Stoyanov and managers of one of the largest food companies in Saudi Arabia. The meeting was also attended by the president of the state-owned company LB Bulgaricum.

Currently, the Saudi company runs a farm with 190,000 cows - as many as are bred throughout Bulgaria. The project is expected to be implemented at a later stage. The Saudis are also interested in building an airport for cargo planes in the southwestern village of Uzundzhovo.

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

Radio Bulgaria News airport dairy joint venture LB Bulgaricum Saudi Arabia Uzundzhovo

More from category

PP-DB collect evidence of election rigging

"We Continue the Change - Democratic Bulgaria" are reviewing the video recordings from the election sections in order to collect evidence of vote rigging, PP co-chairman Asen Vassilev told BNR. At the moment when sufficient facts are..

published on 11/3/24 2:20 PM

Vote recount can only happen after decision of the Constitutional Court

"When I look at the CCTV footage, I have the feeling that some of the sectional election commissions did not work according to the rules." That is how chair of the CEC, Kamelia Neikova, commented information about manipulations related..

published on 11/3/24 1:05 PM

Bulgaria is ready to help Spain after the devastating floods

By order of caretaker Prime Minister Dimitar Glavchev, the institutions are ready to provide assistance to Spain after the floods in Valencia, the Council of Ministers reported. If the authorities in Madrid request support,..

published on 11/3/24 11:41 AM

WEATHER

Pick city: Sofía

Clear
Min: -1 | Max: 12

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

International Day for Biosphere Reserves popularizes the idea of finding a balance between nature and humans

Today, 3 November, is International Day for Biosphere Reserves, declared by UNESCO’s Man and the Biosphere programme. On this occasion, as of the second..

published on 11/3/24 8:05 AM

Vice President Iliana Iotova opens exhibition of treasures from Ancient Thrace in Los Angeles

Today, Vice President Iliana Iotova is opening the exhibition “Ancient Thrace and the Classical World: Treasures from Bulgaria, Romania, and Greece” at..

published on 11/3/24 7:30 AM

Former Minister of Interior Demerdzhiev: Rumen Radev's position on the fairness of the vote should not remain without consequences

In the elections on October 27 this year there were problems in both phases of the process - when the votes were submitted and when they..

published on 11/3/24 11:18 AM

Share