Category Archives

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 ...

A high-tech products factory will be built for “Airbus” airplanes

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The first sod of the new factory was already made in Plovdiv Strategic investment agreement for the construction of a factory for production of high-tech aircraft products for “Airbus”, signed the Minister of Defense Mr. Krasimir Karakachanov and “Airbus Helicopters” vice president Mr. Serj Duran. The first sod of the factory was already made in ...

Construction projects for nearly BGN 13 billion BGN Levs have been implemented last year

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The trend in the sector is to increase employment and reduce unemployment, shows the annual analysis of The Bulgarian Construction Chamber Construction projects, totaling 12.9 billion BGN Levs were executed in the construction sector in 2017, which indicates that the output in construction sector increased by 11.7%, compared to 2016. However, it remained below the ...

Bulgaria – EU Leader in women IT specialists

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The share of women in the ICT sector in Bulgaria is 26.5% Almost every fourth ICT specialist in the country is a woman. This places Bulgaria at the top of the EU, with the largest number of women ICT professionals for 2017, according to the Eurostat data. The share of women in the ICT sector ...

MAN creates service centre in Plovidv for 8 mill. leva

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MAN creates a service center in Plovdiv for 8 million BGN levs It is located on an impressive 11, 000 sq. meters The German truck manufacturer MAN has built a new service center in the village of Tsaratsovo, Plovdiv region. The official opening of the site will be on April 12, announced MVB Truck & ...