Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Minister of Economy and Industry Bogdan Bogdanov visits Seoul

Korean technology giant interested in joint projects with Bulgaria

Minister of Economy Bogdan Bogdanov (C) with representatives of a Korean corporation in South Korea.
Photo: Ministry of Economy and Industry

Minister of Economy and Industry Bogdan Bogdanov has discussed new areas of cooperation and implementing joint projects in Bulgaria with the Vice-President of a Korean technology giant, the Ministry of Economy and Industry said. The company is a world leader in innovation and a manufacturer of industrial electronic components, batteries, energy storage systems, etc, Bulgarian news agency BTA reported. 

This meeting in the company headquarters in South Korea focused on how Bulgaria could provide a supply chain for the company's new plant, train and prepare local experts, build infrastructure and provide financial incentives. 

The Ministry of Economy and Industry announced two days ago that Bulgaria and South Korea would sign a memorandum on bilateral trade and investment promotion. According to the ministry, in the first nine months of 2023, total trade with South Korea was worth $344.7 million, an increase of 27.2 per cent compared with the same period in 2022. Bulgarian exports grew by 64.7% and were worth almost USD 187 million.



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

Tomislav Donchev and Mila Nenova, Executive Director of Invest Bulgaria Agency, at the presentation of the map.

Ministry of Innovation and Growth presents Bulgaria’s first interactive investment map

The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign investors with useful and up-to-date information in one place, making it easier for them to make..

published on 10/17/25 10:37 AM

Bulgargaz proposes 8% increase in natural gas price for November

The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..

published on 10/16/25 5:18 PM

BNB calls on the state to pursue conservative financial policy

The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..

published on 10/16/25 11:28 AM