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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.
Greek tax authorities have launched inspections into the operations of thousands of Greek-registered companies operating in Bulgaria
Manyu Moravenov, Executive Director of the Bulgarian Stock Exchange (BSE), has stated that Bulgarian companies are expected to become more expensive following the country’s accession to the eurozone. He made the remarks during an informational event in Bl
South Korean prosecutors have indicted former Prime Minister Han Duck-soo for supporting ex-President Yoon Suk-yeol's short-lived martial law declaration last year and former First Lady Kim Keon-hee on bribery and related counts
Bulgarian business is riding a wave of momentum in the second quarter of 2025, with newly established companies growing by 7.3% - a pace faster than the EU average of 4.6%
The newly introduced US customs policy is creating both confusion and opportunity for businesses
In the first three months of 2025, 16 companies filed 18 applications for mass layoff
The withdrawal of the Bulgarian lev from circulation is nearing completion, according to the latest data from the Bulgarian National Bank. The central bank reports that approximately 89 percent of lev banknotes and coins have already been collected and re
Bulgaria recorded a decline in exports to European Union countries in 2025, while imports from the bloc continued to rise, according to data from the National Statistical Institute (NSI).
The ongoing war in the Middle East is beginning to cast a shadow over Bulgaria’s tourism sector, with early signs already visible in reservations for the upcoming summer season.
In the final quarter of 2025, farm gate prices for agricultural products across the European Union declined by nearly 1.9% compared to the same period in 2024, according to Eurostat
Fuel prices at wholesale bases, which supply both gas stations and agricultural producers, continue to rise steadily, prompting increased activity at fuel outlets across Bulgaria
OMV Petrom has announced that it will join the consortium exploring the offshore Khan Tervel gas block in the Bulgarian sector of the Black Sea, marking a significant expansion of its footprint in a region of growing strategic importance for Europe’s ener
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
