Trakia Economic Zone near Plovdiv is expected to attract an investment amounting to EUR 1 billion, the industrial area’s Chief Executive Officer Engineer Plamen Panchev said for Blоmbеrg TV. Active talks are being held with a major investor on the production of solar panels and batteries. According to Plamen Panchev, the potential investor is an international company with businesses in Asia and Europe. "We are in serious talks with an American company as well", Plamen Panchev added.
In an interview for Nova TV, Bulgaria’s caretaker Minister of Innovation and Growth Alexander Pulev reiterated that the Dobroslavtsi economic zone will specialize in the automotive sector. The industrial zone will be open within 12 months. According to Minister Pulev, negotiations are being held with three major investors for projects worth between EUR 1.5 and 3 billion.
Bulgaria has until 21 November to decide how to proceed with the Lukoil Neftochim refinery, Prime Minister Rosen Zhelyazkov said on Thursday ahead of a meeting of EU leaders in Brussels. He was apparently referring to the end of a US Treasury..
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
Legislative amendments banning individuals sanctioned under the global Magnitsky law from holding senior government or party positions will likely be..
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