Deputy Economy Minister: Despite Pandemic Investment Interest in Bulgaria Continues
“Despite the delay amidst the pandemic we are registering an investment interest in Bulgaria, in productions and business services with added value.
Japanese car parts manufacturer Yazaki plans to employ some 3 000 people for the factory it is about to begin building in Dimitrovgrad, the head of Bulgaria's investment promotion agency has said.
Construction is expected to start within a month and completed in a year's time, Stamen Yanev, CEO at InvestBulgaria agency, has told Bloomberg.
Details by Yanev come following media reports about Yazaki's plans to set up its third factory in the Southern Bulgarian town.
The projected BGN 45 M (EUR 23 M) investment will add to the EUR 60 M the company has already spent on its two factories now employing 5000 people.
Free transport will be provided to employees living in an area of up to 50 km from the facility.
Bulgaria's exports of spare parts and vehicles have more than doubled over the past ten years, but their levels are still considerebly below those in neighboring Serbia and Romania.
In 2014, they made up 2.53% of all exports of Bulgaria and 14.17% and 13.9% of those of Romania and Serbia, respectively.
Bulgaria’s Ministry of Labor and Social Policy released its National Employment Action Plan (NAP) for 2025 in early May,
In the span of just three years, Bulgaria's grain producers have seen their access to European markets completely disappear
The CEO of the Sofia Commodity Exchange, Vasil Simov, dismissed speculation about any dramatic price hikes on the market
The Bulgarian online casino market has come a long way, from sudden boom, through regulation jolts, to a more recent balanced phase.
During the "Necessities of Life" thematic week (June 5-16) at EXPO 2025 Osaka
Producers from the Yambol region warn that retail prices for honey and bee products are set to rise by 20 to 30 percent
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