We are ready for car factories, at the moment there are a few big companies that are considering investment in Bulgaria. I am confident that with all
PM Borissov: I Am Confident that Next Year we Will Have a Car Investor in Bulgaria

PM Borissov: I Am Confident that Next Year we Will Have a Car Investor in Bulgaria

PM Borissov: I Am Confident that Next Year we Will Have a Car Investor in Bulgaria

PM Borissov: I Am Confident that Next Year we Will Have a Car Investor in Bulgaria

PM Borissov: I Am Confident that Next Year we Will Have a Car Investor in Bulgaria

PM Borissov: I Am Confident that Next Year we Will Have a Car Investor in Bulgaria
PM Borissov: I Am Confident that Next Year we Will Have a Car Investor in Bulgaria
  • 2019-12-03 16:05:07 10 days ago
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We are ready for car factories, at the moment there are a few big companies that are considering investment in Bulgaria. I am confident that with all that we do, we will have an investor next year, Prime Minister Boyko Borissov said in a speech after the presentation of the revolutionary 3D i-Cockpit, made in Bulgaria, which is the first real 3D cluster in automotive production, introduced in Peugeot's newest cars, the government press office reported.

"A month ago, we opened a Mercedes factory in Plovdiv, which produces lights, turn signals, stoplights; cables are in Dimitrovgrad; in Ruse – remote controls. […] I am sorry that in the context of all the negative news that is being disseminated, Bulgarians are unable to enjoy [the fact] that these beautiful designs are actually made by Bulgarian engineers and technologists. It is very important that we work with universities to open more engineering majors that will add more engineers to this cluster. On Thursday, arms companies are coming, we have a meeting for joint production in Bulgaria. I also see a very good opportunity in armoured vehicles, tanks,” the prime minister added.

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PM Borissov: I Am Confident that Next Year we Will Have a Car Investor in Bulgaria

Facebook with a New Photo Transfer Service

Facebook with a New Photo Transfer Service

Facebook has announced that it is launching a new photo transfer service from and to other platforms. Users will be able to transfer videos and photos from one account to another with a few clicks, without first having to download them to their computer, vesti.bg reported.

The service is being phased in for users in different countries, and should be available worldwide by the end of the first half of 2020. Initially, it is compatible with Google Photos, and other platforms will be gradually added.

The service has been developed through the Data Transfer Project, a common open source project for IT companies to facilitate the transfer of information between their services when users request it. Facebook says the information will be encrypted and can be transferred after further password entry.

“For almost a decade, we’ve enabled people to download their information from Facebook,” Steve Satterfield, director of privacy and public policy at Facebook explained. “The photo transfer tool we’re starting to roll out today is based on code developed through our participation in the open-source Data Transfer Project.”

The new software is still being tested and will therefore initially be available to a limited number of users. They will gradually become more, and according to their feedback, additional changes in the service may be made.

The first users to access the new feature are in Ireland. Facebook is also urging other companies to join the Data Transfer Project. The project already involves Apple, Microsoft, Google, Facebook, Twitter and more. Therefore, it is expected that their services will gradually be able to transfer consumer data to each other more easily, as it is one of the requirements of the European General Data Protection Regulation (GDPR).

Households in Bulgaria Spend Most on Communications in the EU

Households in Bulgaria Spend Most on Communications in the EU

In 2018, households in the European Union (EU) spent over €200 bn (equivalent to 1.3% of EU GDP) on ‘communications’. This represents 2.3% of households’ total consumption expenditure. By ‘communications’ Eurostat mean postal services, telephone and telefax equipment and services.

Households in Bulgaria spend the highest share, Luxembourg spends the least

In 2018, the share of communication-related household expenditure was highest in Bulgaria (4.8%), Greece (4.4%, 2017 data), Romania (4.1%) and Croatia (4.0%).

In contrast, Luxembourg (1.3%), the United Kingdom (1.6%), Denmark and Austria (both 1.9%) spent the lowest share of their household expenditure on communications.

Estonia - highest decrease in communications expenditure, Romania the highest increase

Of all the main items of household expenditure, communications was the item that saw the most significant decrease in spending over the last decade in the EU. It fell from 2.8% of total household expenditure in 2008 to 2.3% in 2018 (or -0.5 percentage points (pp)).

Between 2008 and 2018, the share of total household expenditure on communications decreased in most EU Member States. The largest decrease was recorded in Estonia (from 3.8% of total household expenditure in 2008 to 2.5% in 2018, or a fall of 1.3 percentage points (pp)). Estonia was followed by the Netherlands (-1.1 pp), Poland (-1.0 pp), France (-0.8 pp), Ireland (-0.7 pp), Czechia, Portugal and Bulgaria (all -0.6 pp).

However, communication spending increased in four EU Member States where 2018 is available: Romania (from 2.1% in 2008 to 4.1% in 2018, or an increase of 2.0 pp), ahead of Lithuania (+0.5 pp), Sweden (+0.4 pp) and Croatia (+0.2 pp).

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