Taiwanese bicycle manufacturer shows investment interest in Plovdiv

Representatives of a Taiwanese company shared their intention to invest EUR 8 million for a new factory for the production of bicycle frames. During the meeting with Deputy Mayor Stefan Stoyanov, the company expressed interest in building a plant that would produce approximately 60,000 bicycle frames per year. In addition to Taiwan, the company have […]

Leading AI and technology center launched in Bulgaria

The Institute of Computer Science, Artificial Intelligence and Technology at Sofia University “St. Kliment Ohridski ”(INSAIT) was officially launched. It is funded by the Bulgarian government with $ 100 million, as well as by leading tech giants Google, DeepMind and Amazon Web Services. INSAIT operates in partnership with the two largest technological universities in Switzerland – […]

How Plovdiv became Bulgaria’s economic center

Over the past years Plovdiv became one of the largest industrial centers in Southeastern Europe. Local authorities in the face of Municipality of Plovdiv actively work with the local business organizations to attract new investments. “It’s not a coincidence. Plovdiv has been laying the groundwork in order to position itself on investors’ shortlist,” said Dr. […]

Smart factory in Plovdiv is expanding

The company is planning to expand its existing production building in the village of Benkovski (Plovdiv District) with additional capacities for assembling medium and low voltage electrical equipment. The new wing will cover an area of ​​3,000 square meters, divided into two main parts – manufacturing/storage and administrative. The investment proposal has been submitted to […]

Stefan Stoyanov met with the Ambassador of the Netherlands

Deputy Mayor Stefan Stoyanov held an introductory meeting with the Ambassador of the Kingdom of the Netherlands to Bulgaria, His Excellency Simon van der Burg. The two discussed opportunities for cooperation between the Municipality and the Embassy to stimulate relations between Bulgaria and the Netherlands in the fields of education, science and business. One of […]

Plovdiv’s promotional campaign featured in 52 German media outlets

Municipality of Plovdiv and AHK’s campaign in German media, aimed to promote Plovdiv as an attractive investment destination, has ended. The result – 52 German media sourced announced Plovdiv as the New Investment Hotspot of the EU. The article was published in some of the leading online newspapers in Germany, including Der Tagesspiegel, Berliner Morgenpost, […]

Plovdiv’s Agricultural University part of UniGreen

On 17 February 2022, the rectors of eight universities from eight different European countries took a decisive step towards the creation of the first “Green University of Europe” under the UNIGREEN project. The Rector of the Agricultural University – Plovdiv Prof. Dr. Hristina Yancheva met with the rectors of the other members of the Alliance […]

Milara invests EUR 10 million in an e-vehicle factory

Bulgaria will be one of the leading manufacturers of electric trucks in the near future. The Sevic V500e electric vehicle was built in Plovdiv and has already been certified by the European Automobile Organization UTAS for road traffic in the European Union – as announced by the Ministry of Innovation and Development. Bulgarian electric trucks […]

Plovdiv in the top 3 of FT’s ranking for business destinations

Plovdiv ranked in the top 3 in Financial Times’ ranking for business destinations Plovdiv is at the top for Best European Cities and Regions for doing business in the Financial Times annual rankings. The city is in the top 3 in the ranking of the prestigious business publication for Cities with Best FDI Strategy for […]


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