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.
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
A recent study by the Association for Responsible Non-Banking Lending (AONK) shows that nearly a quarter of Bulgarians have used quick loans at least once in their lives. The findings were presented by the organization’s chairman, attorney Nikolay Tsvetko
Bulgaria’s state fuel reserves are sufficient to cover normal consumption for the next 90 days, but domestic fuel prices continue to climb amid the ongoing military conflict in the Middle East
Acting Prime Minister Andrey Gyurov highlighted the strategic importance of energy infrastructure for the European Union during a meeting in Paris with other European leaders, convened at the invitation of French President Emmanuel Macron.
Bulgaria is increasingly turning into a destination for motorists from neighboring countries seeking cheaper fuel, as turbulence on global oil markets linked to tensions in the Middle East continues to influence prices across the region.
The ongoing military conflict in the Middle East is expected to influence fuel prices in Bulgaria with a lag of approximately 7 to 14 days, potentially pushing inflation in the country up by around 0.6%, according to economist Assoc. Prof. Shteryo Nozharo
The Commission for the Protection of Competition (CPC) has highlighted a troubling disparity in Bulgaria’s dairy sector: consumers face some of the highest prices for dairy products in the European Union, while local producers and processors struggle to s
Novinite 2025 in Review: A Year That Tested Bulgaria and the World
A Disgraceful Betrayal: Bulgaria's Shameful Entry into Trump's Board of Peace
