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
Around EUR 500 M of Italian investment could be poured into Bulgaria, Deputy Prime Minister Daniela Bobeva said after her meeting with business union representatives.
Deals in fields such as the cement and textile industries, and also in refining technologies, have already been agreed following Bobeva's talks with members of Confindustria, the Italian employers' federation comprising more than 113 000 companies, the public broadcaster Bulgarian National Television reported.
Bobeva described her visit to Italy as a wonderful occasion to offer investment opportunities and seek progress in each area where Italian entrepreneurs have shown interest.
She added that Italy, which has made about 53% of its investments into Bulgaria in small and medium enterprises, has a significant potential for increasing its role in the country.
Italian tourism in Bulgaria also has to be encouraged, the Deputy Prime Minister believes.
At the meeting with business representatives in Rome she cited low currency risk and the lowest taxation rates in the EU as Bulgaria's positive features for any investor. She underscored that measures to reduce the bureaucratic burden and to increase transparency through amendments to public procurement laws have been adopted.
She also called on the Confindustria members to assist financially to the Serbian regions most affected by last days' floods.
Bobeva is in Rome as head of a Bulgarian delegation after Italy's Prime Minister Matteo Renzi unexpectedly canceled hist meeting with his Bulgarian counterpart Plamen Oresharski scheduled for Thursday, citing "institutional" factors as a reason.
This prompted Oresharski to withdraw from the delegation, as he is due to meet Renzi next week, on May 28.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
In a significant stride towards enhancing connectivity between Turkey and Bulgaria, the launch of direct flights between Istanbul and Sofia marks a milestone in air travel
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
In March, there was a significant uptick in Bulgarians traveling abroad, marking a 19.1% increase from the previous year, amounting to 679.1 thousand trips
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022