German auto parts manufacturer VOSS Automotive has officially opened its first factory in Bulgaria. The site is located in the Bahovitsa Industrial Park near Lovech and has been operating since May. The jobs created so far are 100, but by the end of next year their number is expected to increase to 900. Investments in the site have so for reached 15 million euros. The company has long-time experience in the production of pipe fittings and components for primary installation in fuel, cooling, pneumatic and exhaust systems of passenger cars and heavy vehicles. To this date, the company has factories in 56 countries, with an annual turnover of over 600 million euros and more than 6,000 employees.
Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with an economic growth rate of 2.7%. Planned revenues amount to EUR 51.436 billion, or 42.8% of GDP...
In 2024, 8.2% of people aged 18 or over who declared to be at work (either employed or self-employed) in the EU were at risk of poverty, according to data from Eurostat, cited by the BNR's Horizont channel. In Bulgaria, this share reached 11.8%. The..
The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" - are organizing a warning protest in front of the Council of Ministers building. It is planned for..
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