Category Archives

A new “Latecoere” plant for production of aircraft parts was officially opened

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The newest plant – another located in Trakia Economic Zone, near Radinovo was opened today during an official ceremony at the presence of The Prime Minister Mr. Boyko Borisov, The Mayor of Plovdiv eng. Ivan Totev, The Regional Governor of Plovdiv Mr. Zdravko Dimitrov, The Deputy Prime Minister Mr. Tomislav Donchev, Minister of Economy Mr. ...

Bulgarian economy shows a growth by 3.4% in the second quarter of the year

The main trigger continues to be the domestic consumption, with its growth rate increasing to 5% on an annual basis, reported National Statistical Institute (NSI) In the second quarter of 2018 Bulgarian economy grew by 3.4% compared to the same period last year. The new seasonal data of the National Statistical Institute (NSI) shows that ...

Municipality of Plovdiv with a new website and guidelines for the implementation of cloud platforms in the schools

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The educational project of Plovdiv Municipality for the implementation of cloud platforms in the schools, which currently includes 42 educational institutions, has already its own website https://cloud.plovdiv.bg/ . The website contains information about the practical steps a school is taking to launch the cloud platform implementation process. It has been developed a set of useful ...

Two new start-up funds will be launched in the autumn

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A total of BGN 64.7 mln. Levs will go to starting companies from the EU funds and after a selection of managers from the state After a 9-month procedure, The State Fund of Funds chose managers of the first two funds that will finance startups with public resources. A total of BGN 64.7 million Levs ...

The unemployment in Bulgaria has fallen to a record level

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According to the data of the Eurostat, the unemployment rate is lowest since at least 2000 The unemployment in Bulgaria reached a record low level in June on a monthly basis – 4.8%, according to Eurostat’s latest seasonal data, released on Tuesday. This is the lowest level of unemployment in Bulgaria since January 2000, when ...

Bulgaria ranks 63rd in the world of 213 countries in a shared economy

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Iceland, Turks and Caicos Islands, Montenegro, Malta and New Zealand lead the Shared Economy Index Bulgaria ranked 63rd in the world of a total of 213 countries and territories in a new Index of the Shared Economy, developed and presented for the first time by the Swedish think-tank Timbro. The ranking in Bulgaria was presented ...

A Chinese company will assemble electric trucks in Bulgaria

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About 150 people will be hired in the new factory located near Plovdiv A Chinese company with its partners from Luxembourg and Bulgaria will start to assemble mini electric trucks in “Trakia Economic Zone” (TEZ) near Plovdiv. “We expect the first truck to be ready in 6 months,” said Peter Wang, CEO of “Centro Automotive ...

Up to 200 000 BGN Levs can be used by start-ups in Bulgaria

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For the last 5 years about 2000 start-ups have been created in the country More than 350 projects will be funded under the procedure “Promoting Entrepreneurship” of Operational Program “Innovation and Competitiveness” and the grant of each one of them will be up to 200 000 BGN Levs. This was announced by The Deputy Minister of ...

The construction of a new Mercedes factory for head-lights was started

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The first sod of a high-tech factory for production of the rear lights of “Mercedes” was made today by the Minister of Economy Mr. Emil Karanikolov, the Mayor of Plovdiv Municipality eng. Ivan Totev and Mr. Ahmet Bayeraktar, the president of “Farba Lighting Group”. The Turkish company builds on an area of 92, 000 sq. ...

Plovdiv will be an outsourcing capital of Bulgaria in 2019

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Plovdiv will host the most significant event in the field of the outsourcing industry in Bulgaria in 2019. The annual conference of the Bulgarian Outsourcing Association, which traditionally gathers the whole constellation of world-proven experts in the field of outsourced business processes, services and high technologies, will be held on 17th May 2019 in the ...