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

Europe-Asia consortium invests USD 200 million in electric vehicles plant in Bulgaria

Executive Director of InvestBulgaria Agency Stamen Yanev
Photo: investbg.government.bg

A Consortium of European and Asian companies is planning to build a factory for electric vehicles in Bulgaria. A memorandum of intentions for construction of this factory was signed in the presence of Bulgaria’s Deputy Premier for Economic and Demographic Policy Mariana Nikolova. The document was signed by the Executive Director of InvestBulgaria Agency Stamen Yanev and the managers of the Korean-Chinese company Songuo Motors and the Italian Hadid Holding. The two companies voiced intentions to invest in the enterprise in Bulgaria some USD 200 million. Nearly 2,000 jobs are expected to be opened during the fulfillment of the project.




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

Bulgaria to grant WHO EUR 100,000 in aid for the civilian population in Gaza

The Council of Ministers has approved the draft of a donation agreement between the World Health Organization and Bulgaria on the provision of a voluntary contribution, amounting to EUR 100,000, in support of the activities of the organization in the..

published on 11/21/24 9:20 AM
Ivan Kondov (L) and Igli Hasani

Foreign ministers of Bulgaria and Albania reaffirm support for accelerated construction of Corridor 8

Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the accelerated construction of transport Corridor 8. Romania has asked to join the construction..

published on 11/21/24 9:04 AM

Gale-force winds inflict damage in Vratsa and the environs

Winds of up to 120 kms. per hour inflicted damage in Vratsa, the biggest town in Bulgaria’s Northwest. Dozens of reports have come in of fallen trees and branches onto vehicles and roads, damaged equipment and torn overhead cables. There were..

published on 11/21/24 8:43 AM