Bulgaria's Political Theater: 'Vazrazhdane' Leader Predicts Spring Elections
In a bold prediction, Kostadin Kostadinov, the leader of Bulgaria's pro-Russian party "Vazrazhdane," foresees early parliamentary elections in the spring of 2024
A Bulgarian plant may start manufacturing Chinese buses soon, according to Delyan Dobrev, Minister of Economy, Energy, and Tourism.
In an interview for Radio Beijing, Dobrev made clear that Bulgaria was hoping to start making Chinese buses after the launch of the car manufacturing plant near the northern of Lovech.
Dobrev, who is on a working visit in China until Wednesday, will meet Tuesday with senior representatives of one of the major bus manufacturers in the Asian country.
"Besides cars, I hope that we shall also start making buses in Bulgaria. We are happy with the investment of Great Wall. They built a very good factory through which they have started manufacturing and selling cars not only on the Bulgarian market but on markets around us, including Macedonia, Serbia, Albania, Romania, and Greece. The business is successful and they are expanding towards Central European countries. This is certainly a good partnership," Dobrev commented, as cited by the Focus news agency.
Bulgaria's Economy and Energy Minister also met with representatives of Great Wall who expressed satisfaction with the investment in the Litex Motors factory near Lovech and voiced plans to expand the business.
In May 2011, Anton Dontchev, Litex Motors' representative in China, uncovered plans about the construction of a bus factory in Bulgaria during the "Bulgaria: Business Up" conference organized by Novinite.com (Sofia News Agency).
"The produce of the Lovech plant is already on the market in Bulgaria, Macedonia, Albania, and Montenegro. We also have other projects, a project for a bus manufacturing plant, which is in an advanced phase, we hope to have specific results there as well by the end of 2012," the Litex Motors executive revealed.
Meanwhile, Bulgarian Prime Minister Boyko Borisov vowed last week a new car manufacturing plant in Bulgaria after the 2013 parliamentary elections in the case of a successful result.
Without specifying the name of the investor, Borisov announced that Russia would built a large car manufacturing plant in Bulgaria like the one near Lovech in the case of successful elections.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022