South Korean Companies Have Strong Investor Interest in Bulgaria
- Tweet
Send to Kindle
www.pixabay.com
There is strong investor interest in Bulgaria by companies from South Korea, said Prime Minister Boyko Borissov, BNR reported.
Besides with Volkswagen, negotiations on the construction of an automotive plant in Bulgaria are underway with Hyundai as well, the Bulgarian PM said, and added that he expected more clarity on the South Korean investment, which amounts to over USD 1.5 billion, by September.
Minister of Economy Emil Karanikolov added that there is a second South Korean investor – SK Innovation, the world’s biggest car battery manufacturer - who is searching out for sites in Bulgaria. Communication is still at a very early stage and Bulgaria will be in competition with several other countries for the future plant, Minister Karanikolov said.
- » The Greece-Bulgaria Intersystem Gas Connection Was Ratified
- » The United States Owes the UN $ 491 Million
- » PM Borissov: 88% of German Companies Would Invest Again in the Bulgaria
- » Wizz Air Recognized as the Best Low Cost Airline in Bulgaria and the Most Preferred Passenger Choice for the Third Consecutive Year
- » Bulgarian Startups Are Enhancing their Global Innovation Potential
- » The 2020 State Social Security Budget - Adopted
