Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Korean car manufacturers with an interest in investing in Bulgaria

Photo: mi.government.bg

A Korean company, leader in the manufacture of automotive components, is to acquire two factories in Bulgaria with almost 500 workers, as part of a global asset acquisition and production diversification deal.

The deal is to be finalized during the first quarter of 2019. This was announced after the meetings Deputy Economy Minister Lachezar Borisov had with Korean companies from the automobile industry with an interest in investing in Bulgaria. In Seoul Deputy Minister Borisov took part in a session of the Korea-Bulgaria Industrial Cooperation Committee. The participants noted that during the first 6 months of 2018, Bulgaria’s exports to the Republic of Korea went up by almost 120 percent, reaching USD 40.5 million. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

A Kilogram of Kindness collects food for people in need

The Bulgarian Food Bank’s Kilogram of Kindness food drive, is collecting food for the needy for the 12th consecutive time. Four to seven tons of food with a longer shelf lifeis expected to be collected – such as rice, lentils,..

published on 11/30/24 4:44 PM

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..

published on 11/30/24 4:30 PM

Children and their parents make toys for the Christmas decoration of Sofia

Despite the bad weather, dozens of children and their parents took part in an initiative for making toys for the Christmas decoration of the capital city. At the initiative of Sofia municipality, a workshop was put up in the square in front of..

published on 11/30/24 3:46 PM