The Deputy Minister of Innovation and Growth, Stefan Savov, presented a class “A” certificate under the Investment Promotion Act (IPA) to “Interlink Group” AD. The company invested BGN 7.5 million in the expansion of the “Technolink Park 2” logistics base in the village of Radinovo, part of the Trakia Economic Zone. “I congratulate “Interlink Group” […]
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Bulgaria’s goal to accede to the Eurozone remains January 1, 2024 and the National Assembly is expected to pass three bills already submitted by the caretaker government and which are related to the ERM II postcommitments, Finance Minister Minister Rositza Velkova-Zheleva said in an interview for the Sega daily, her Ministry said on 16 January. According to […]
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New car sales in EU Member States have slumped to their lowest level in almost 30 years amid a shortage of auto parts in the first half of 2022, according to data from the European Automobile Manufacturers Association (ACEA) published by the dpa. In Bulgaria, 28,684 new cars were registered last year, up 16.9% from […]
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A documentary shows the challenges to the conservation of Bulgaria’s Atanasovsko Lake, one of the pivotal biodiversity hotspots in the Black Sea biogeographical region. Salty People will premiere in Sofia’s House of Cinema on January 31, said the Bulgarian Biodiversity Foundation (BBF). Shot at Atanasovsko Lake in August 2022, Salty People presents the over-100-year history of the coastal lagoon […]
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The international credit rating agency S&P Global Ratings affirmed its long-term and short-term foreign and local currency sovereign credit ratings on Bulgaria at “BBB/A-2”. The outlook remains stable. The stable outlook balances Bulgaria’s weaker economic growth prospects in the near term and elevated domestic political uncertainty against Bulgaria’s low net general government debt and contained […]
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A painting by Bulgarian artist Ivan Vukadinov has become part of the Vatican Museums’ collection, Dimitar Ganchev of the Radio Vaticana told BTA. The message of Ivan Vukadinov’s work is definitely a strong and bright one, with a discernible sacral element, a message about art and faith, said Vatican Museums Director Barbara Jatta, commenting on […]
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New German investment projects are being launched in Bulgaria in the field of vehicle component manufacturing and information and communication technology, which will create 3,500 new jobs. This emerged after caretaker Economy and Industry Minister Nikola Stoyanov met with senior business executives in Bavaria, Stoyanov’s Ministry said. A company active in the automotive industry will […]
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ARICOMA Group, part of the Czech holding KKCG, acquired 100% of the Bulgarian IT company Musala Soft. The value of the deal remains undisclosed. The Bulgarian management team will stay on board in the long term. Founded in 2020 in Sofia, Musala Soft builds next-generation software products and enterprise solutions for local and international clients. […]
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In order to achieve sustainability, it is necessary to work in an integrated manner. When planning an investment in transport, it is necessary to aim for environmental and social effects as well. When preparing a project to repair a street, we must have thought carefully about how it will affect economic activity and the appearance […]
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The construction of the factory for electric cars in the Bulgarian town of Lovech, which was agreed a year ago by the then Minister of Economy Kiril Petkov with the investor, has practically already started. This was confirmed for the Bulgarian National Radio (BNR) by the executive director of the company “NEXT e GO” – Bulgaria, architect Lubomir Stanislavov. It is […]
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