Expansion Underway: Sofia Airport Terminal 2 to Add 1000 New Parking Spaces
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
Bulgaria's government has introduced changes to the Investment Promotion Act implementation rules lowering priority investment projects in manufacturing certification thresholds.
Incentives will be provided to investors in the sectors of manufacturing, industrial zones and technology parks, the government press office announced, cited by Dnevnik.
The minimal certification investment required for priority investment projects in the process manufacturing will be reduced from BGN 100M to BGN 50M. The minimum investment required for high-tech activities in manufacturing in order to receive certification is BGN 30M instead of BGN 50M.
The minimum investment required for the construction of industrial zones and their expansion into industrial parks will be BGN 15M instead of BGN 50M, the same lower threshold is introduced for building technology parks which currently is BGN 30M.
Investors in industrial zones will be required to create and sustain a minimum of 15 job positions instead of the current 70.
All candidates for investment certificate will now submit a single application form, which contains all the necessary information. The aim is to simplify and speed up the project review procedure, according to the official information.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
In a significant development, the Russian army has seized control of the pivotal village of Ocheretyne in the Donetsk region of Ukraine, a strategic location crucial for Ukrainian defense efforts
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
In a concerning revelation, the ad hoc committee investigating the activities of Gleb Myshin uncovered that over the past three to four years, a staggering 343 candidates from the Russian Federation seeking Bulgarian citizenship were discovered to have su
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022