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

Volkswagen starts talks for building factory on Balkans

Photo: BGNES

German automotive giant Volkswagen Group is launching talks for building a new car factory on the Balkans.  Bulgaria, Serbia, Turkey and Romania have been competing over the investment. The company has been looking for a place for its new factory in the region since last year. According to information of the Bulgarian National Radio, the final stage of the race for the investment worth a billion and a half euros would involve Turkey and Bulgaria. The factory should be operational in 2022 and create 5,000 jobs.



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

Alliance for Rights and Freedoms is ready to support a government of GERB-SDS and PP-DB

The honorary chairman of the Movement for Rights and Freedoms (DPS) Ahmed Dogan, who led two candidate lists of the Alliance for Rights and Freedoms, stated that he will not become an MP in the 51st National Assembly.  "I do not belong there. I..

published on 10/30/24 4:20 PM

The state will guarantee a 79 million euro loan for the restoration of Chaira Hydro Power Plant

The caretaker cabinet has approved state guarantees amounting to over EUR 79 million under loan agreements with the National Electric Company for financing the investment project on the modernization and rehabilitation of Chaira Hydro Power Plant...

published on 10/30/24 2:58 PM

No Bulgarian citizens have been reported injured after the floods in Spain's Valencia region

According to the Bulgarian Consulate General in Valencia, no Bulgarian citizens have been reported dead or injured, the press office of the Bulgarian Ministry of Foreign Affairs told the BNR. There have been no reports of Bulgarian citizens in..

published on 10/30/24 2:54 PM