Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Chinese company with an interest in processing cereals in Bulgaria

Photo: Ministry of Agriculture

A Chinese company working in biofermentation presented its plans for a big investment in the processing of cereals at the Bulgarian Ministry of Agriculture.

“Bulgaria is a traditional producer of high-quality grain and it also has the capacities to process it. We have favourable soil and climatic conditions, rail and port infrastructure and long-standing traditions in the industry,” said Deputy Minister of Agriculture Todor Djikov during a meeting with the entrepreneurs.

The investors from Fufeng Group are exploring the possibilities in several European countries. The company plans to buy mostly local maize, and if local production proves insufficient, to import it from nearly destinations. 



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

Latest generation of cars and the future of auto technologies demonstrated at motor show in Sofia

Sofia is hosting the biggest motor show in Europe this year, Alexander Kostadinov, Chairman of the Board of the Association of Car Manufacturers told the Bulgarian news agency BTA. The Sofia Motor Show 2024 will demonstrate the latest generation of..

published on 10/18/24 9:08 AM

Bulgargaz has not paid Turkish company BOTAŞ for the so-called reserved gas capacity since July

State-owed natural gas supplier Bulgargaz has hired a legal councillor to defend the interests of the Bulgarian gas company in connection with the contract for natural gas storage and supply with the Turkish-owned company BOTAŞ. Bulgargaz..

published on 10/18/24 8:49 AM
Radostin Iliev

Defense spending should reach 2.5% of GDP: Defense Minister

It is our intention that even with the 2025 budget, defense spending will reach a higher level than 2.5% of the Gross Domestic Product, said the Deputy Minister of Defense Radostin Iliev during the commemoration of the Day of the Military Parachutist in..

published on 10/17/24 7:22 PM