Plovdiv retains the leadership in the manufacturing sector
Plovdiv has long established itself as a leading industrial center in the country with over 74,000 employees in manufacturing, which contributes to 40% of local GDP. The share of the number of jobs in the mechatronics and automotive sectors in the region is 23.6%, which puts it in first place in the country, even ahead […]
Plovdiv more preferred to Sofia for work and life
For yet another year, the Institute for Market Economics (IME) presented their research “Regional Profiles: Development Indicators”, which provides comprehensive information on the development of districts in the country. In addition, IME has prepared a focused analysis dedicated to the economic and social development of the districts in Southern Bulgaria. The data show the positive […]
“Odelo Bulgaria” opens second factory for € 10 million in Plovdiv
The Turkish Odelo – one of the European leaders in the production of headlights for the giants in the automotive industry such as Volkswagen, Mercedes, BMW and Audi – will open a second factory in Bulgaria. This happens shortly after in the summer of 2019, they opened their first one in the “Kuklen” zone of […]
Osram sells its plant in Plovdiv
One of the leading manufacturers of lighting equipment in the world is leaving Bulgaria – three years after the start of its production Only three years after the opening of the first enterprise in Bulgaria, Osram is leaving the country, the company officially announced without giving details of the deal. The German company sells its […]
The Bulgarian Economy in 2021: Outsourcing
When in 2019 we announced the change of the name of the Bulgarian Outsourcing Association to Association for Innovation, Business Excellence, Services and Technology, our idea was to show the much more comprehensive face of our industry. In recent years, from an almost entirely price-oriented industry, we have become a sector that creates high added […]
Online presentation of the Bulgarian innovation and startup ecosystem to UnternehmerTUM
Online presentation of the Bulgarian innovation and startup ecosystem to the largest innovation and entrepreneurship center in Europe UnternehmerTUM The Executive Agency for Promotion of Small and Medium-Sized Enterprises (BSMEPA) together with the Office for Trade and Economic Affairs (STEV) in Munich and the Bulgarian Startup Association (BESCO) organize an online presentation of the Bulgarian […]
GERMAN COMPANY SEEKS PARTNERSHIP WITH BULGARIAN COMPANIES
DRÄXLMAIER Group, a leading globally operating automotive supplier, is looking for Bulgarian subcontractors and partner in the sector through an online business meeting. The event is organized by the Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA) and the Commercial and Economic Office in Munich. The event, titled “Online business meetings with the German company […]
Plovdiv is at the heart of the processes for the reindustrialization of Bulgaria
The Municipality of Plovdiv is at the heart of the processes of reindustrialization of the country and attracting investments in the innovative and green technologies. This became clear during the fifth edition of the Industry 4.0 Forum, organized by the Municipality of Plovdiv, Trakia Tech and ‘Capital’. The event highlights the challenges COVID-19 posed to […]
Filkab will build its own solar park for €9 million
The company expects its consolidated revenues during this year to remain around BGN 100 million Increased and more cost-effective exports have compensated for the almost 10 percent decline in trade in electrical materials on the domestic market. This sums up the business situation of Plovdiv’s company “Filkab” during the year. “The crisis that the coronavirus […]
Forum “Industry 4.0” – Industry as a growth engine and the future of the regions
On October 21 (Wednesday), for the fifth consecutive year, Capital, Trakia Tech and the Municipality of Plovdiv are organizing a forum for the development of the industry and the future – Industry 4.0. Industry 4.0 is one of the largest industrial conferences in Southeastern Europe and focuses on the digital transformation of manufacturing and the […]