Invest Plovdiv with a strong start in 2023
Bulgaria is gaining serious investment interest from its neighbour Turkey. This became evident from the International Business and Economic Forum organized by the InvestBulgaria Agency held in Istanbul on 26th January. The forum was attended by over 200 business representatives, mostly from the Automotive and Mechatronics, and Healthcare sectors. Bulgaria’s delegation had the opportunity to […]
Stefan Stoyanov presents Plovdiv at the International Business and Investment Forum in Istanbul
Plovdiv as an investment destination will be presented by the Deputy Mayor for Education and Business Development Stefan Stoyanov during а two-day business forum held in Istanbul. It is organised by the Bulgarian Investment Agency (BAI) and aims to present Turkish companies with existing opportunities for business expansion in Bulgaria. The event was opened today […]
New ski factory will open in Plovdiv
Amer Sports, which produces brands such as Atomic and Salomon, will open a second factory to further expand its market presence. At the moment, Amer Sports covers about 30% of the world’s ski production. The news about the second factory of the company, whose direct shareholder is the Austrian Amer Sports Holding, was announced by […]
From Plovdiv to Istanbul by air
Direct flights from Plovdiv to Istanbul will start on February 18. They will run twice a week on Wednesdays and Saturdays to Sabiha Gokcen Airport, with possibility for connection to various parts of the world, including flights to dozens of desirable destinations in Europe and Asia. Reservations can be made on the company’s official website […]
The Cycling City of Plovdiv
In recent years, Bulgaria has become one of the most important bicycle exporters in Europe. An on-site survey shows that this could be just the beginning of a long-term bicycle boom in the Balkans. Werner Müller-Schell investigates. When one of the country’s highest politicians comes in person to sign a contract between two companies, it is a […]
Plovdiv-based Class A investor receives a grant of BGN 1.5 million as part of Bulgaria’s Investmet Promotion Act
The factory should open in 2023 and have a production capacity of 300,000 electric bicycles per year The state is giving BGN 1.5 million to the bicycle manufacturer E-Velox OOD, which the company will use for the construction of road infrastructure connecting to its new plant near Plovdiv. The aim is to facilitate the work […]
Plovdiv’s businesses growing despite the domino of crises
In 2022, we saw an upswing in various manufacturing sectors and real investments, Bulgarian and foreign, for millions of euro in Plovdiv and the region. Undoubtedly, some of them are due to European funds received under operational programs, credits, reinvestments, as well as funds under the Investment Promotion Act. The manufacturer of optical equipment Optix […]
Automotive and mechatronics – the biggest drivers of Plovdiv
The rapid development of the region and the huge interest from investors are often a reason to raise the question of whether it is possible for the labor market in the area to satisfy the needs of employers, or whether the labor shortage will become a chronic problem for Plovdiv. Even media headlines about new […]
Gotmar – the plastic production giant in the region of Plovdiv
Gotmar specializes in the processing of thermoplastics and has been operating on the market since 1992. Since then, the company has been developing steadily, with its financial indicators pointing to stable growth, reaching BGN 182 million in revenue for 2021 and over BGN 10.5 million profit. The company, whose base near Plovdiv, employs over 1,300 […]
Plovdiv presented in USA as a leading investment destination in Southeast Europe
High-tech productions with included R&D centers are what Plovdiv should focus its efforts in the coming years. The task before the economy, not only in Plovdiv, but also in the country, is to transform itself into such that brings a higher added value, which in turn to raise the standard of living. This comment was […]