An investment of more than 600 million euros in the field of production of critical components for the automotive industry is expected to be made at the beginning of the New Year.
"The Western European investor, which has several production locations in Europe and experience in Bulgaria, is considering two possibilities for situating its production - in northern Bulgaria, near Ruse, or in the region of Stara Zagora," Minister of Economy Bogdan Bogdanov has told BTA. According to him, the development of electric autonomous cars is one of the main trends in Europe and the country is positioned in this sector with the possible contribution to the national economy next year reaching between 10 and 12% of GDP.
Minister Bogdanov pointed out that this is only one of several investment intentions for 2024.
In the second quarter of the year, the average salary increased by 12% year over year, reaching €1,315.04. Borislav Gutsanov, the Minister of Labor and Social Policy, announced this information after today's meeting of the National Council for..
As of August 8, 2025, the mandatory indication of prices for all goods and services in Bulgaria in two currencies – in Bulgarian leva and in euros – has been in effect. This obligation will remain valid for traders for a period of one year – until..
As of January 1, 2026, the minimum monthly wage should be 1,213 BGN (EUR 620.2), up from the current 1,077 BGN (EUR 550.66), said Luboslav Kostov, Chief Economist at the Confederation of Independent Trade Unions in Bulgaria (CITUB), in an interview..
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