Tesla supplier invests in Plovdiv

Company for the production of aluminium profiles for the automotive industry is the newest investor in Plovdiv. The investment of over EUR 35 million belongs to Shanghai Unison Aluminum Products and will take place on the territory of the Trakia Economic Zone. The factory is expected to open within a year and will ensure between […]

Electric vehicle manufacturer with new investment in Plovdiv

Milara International will invest over USD 22 million in a new factory for electric vehicle manufacturing and, in particular, small cargo e-vehicles with an alternative drive. The R&D behind the product was carried out entirely by Bulgarian engineers, says Krasimir Petkov, CEO of Milara International. He also shared with Bloomberg TV Bulgaria, the company’s ambition […]

Plovdiv – fastest growing economic center in Bulgaria

Plovdiv and the region are first in terms of growth of added value for the period 2012-2021 with 113,4%, according to Institute of Market Economy’s report Economic Centers of Bulgaria – 2023. According to data from the Nationals Statistics Institute, the Plovdiv-Maritsa-Rakovski economic center saw over BGN 20 billion in output, or BGN 36.4 thousand […]

Plovdiv’s e-bike production continues to grow

For 2022, a total of 834 thousand conventional and electric bicycles were exported from Bulgaria. German company Technibike has decided to transfer the production of electric bicycles to the Plovdiv-based company Leader-96, says Capital. The company’s models HoheAcht, PYRO and Cooper Bikes are already in production at the new plant of the subsidiary “E-velox”, which […]

Plovdiv becomes the first innovation valley in Bulgaria

Plovdiv will become the home of the first regional innovation valley in Bulgaria this October. It will operate in the field of bioeconomy and food and will be one of hundred similar structures in the entire European Union. This was announced by the new Bulgarian European Commissioner Iliana Ivanova and Prime Minister Academician Nikolay Denkov […]

Bulgaria’s economy on the rise even during the crisis

The German media Handelsblatt published an article in which it highlighted a number of advantages of Bulgaria, which stood out especially after the chaos in the supply chains in Europe. Germany and Bulgaria – a successful example of nearshoring In the article, the German media tells in detail about the successes of the Trakia Economic […]

Sensata Technologies Plovdiv – the center of innovations in the automotive industry

With the development of electromobility and the new manufacturing needs in the automotive industry, the industry is introducing a number of new technologies that require high production capacity, talent and an organizational culture that drives continuous improvement. A clear example of pioneering in this direction is the global giant Sensata Technologies, whose office in Bulgaria […]

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