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

Minister Goranov: We did more than possible in negotiations with Volkswagen

Photo: BGNES

Bulgaria has the potential to build between 7 and 10 new industrial zones like the one in Plovdiv, Deputy Prime Minister Tomislav Donchev said during the 4th edition of Bulgaria's largest economic forum –“Industry 4.0”. According to him, it was important to ease procedures for investors.

Speaking about the missed opportunity to attract automotive giant Volkswagen, which chose Turkey over Bulgaria for its new plant, Tomislav Donchev said: "VW did not come to Bulgaria but someone else will come in the next two or three years, because there are many prerequisites for this and this is inevitable.”

Bulgarian Finance Minister Vladislav Goranov said that in negotiations with Volkswagen, Bulgaria did everything it could and beyond, but such big investors wanted a lot of privileges and 100% complete infrastructure. "Such companies expect hosts to make the investment, so they could come with the know-how and technology, but big countries are those that can afford it," Goranov said. He added that  90% of negotiations with the automotive giant were about infrastructure.




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

PM Glavchev at today's cabinet sitting

Caretaker PM Glavchev calls for the speedier formation of a regular cabinet

“I call for restraint on the part of politicians and for a constructive dialogue because the formation of a regular and stable government, such as we all want, is in their hands,” said caretaker PM Dimitar Glavchev at the beginning of today’s..

published on 10/30/24 12:13 PM
Ilhan Kyuchuk

Talks with GERB on the formation of a government are possible, Ilhan Kyuchuk of the Alliance for Rights and Freedoms says

“We are going to take part in talks with GERB, but if they intend to get Delyan Peevski in through the front door we’re out,” said MEP Ilhan Kyuchuk from the Alliance for Rights and Freedoms, chair of the European Parliament's Committee on Legal..

published on 10/30/24 11:25 AM
Ivelin Mihaylov

Velichie party threatens to organize huge resistance against election results

“We do not have an answer, as yet, from any political party, to the proposal for a cordon sanitaire around the Movement for Rights and Freedoms-New Beginning in the 51 st National Assembly,” said Kiril Petkov, co-chair of We Continue the Change in..

published on 10/30/24 11:02 AM