The electric car plant in Lovech also received support from the government

The project for construction of the plant for electric cars of Next.e.GO near Lovech received support from the government. At today's meeting, the Council of Ministers approved the Memorandum of Understanding between the Government of the Republic of Bulgaria and Next.eGO Bulgaria AD. The investment project is categorized as a priority. In this regard, the cabinet also appointed an interdepartmental working group to provide institutional support in the implementation of the project.

The amount of the investment, as tangible and intangible fixed assets, amounts to a total of BGN 280 million. Only the jobs directly related to the project are expected to be not less than 365 within the 3-year period of the investment implementation.