Bulgaria and China will cooperate to create production facilities for electric buses and a research and development centre in Bulgaria. To this end Stamen Yanev, Executive Director of Invest Bulgaria Agency and representatives of the Chinese companies Jiangsu Alfa Bus and ACN Worldwide signed a memorandum of understanding at
With a population of more than 7 million and an area of more than 110,000 square kilometers, Bulgaria is recognized as a medium-sized European country. Bulgaria, like many of its eastern European neighbors, has large forested areas across its territory. In addition,
WORLD FUTURE ENERGY SUMMIT Summit website The annual World Future Energy Summit in Abu Dhabi is the leading global industry event and exhibition for future energy, cleantech and sustainability. Bringing together government and business leaders, 800 specialist exhibitors and 33,500 visitors
The construction company Cordeel Bulgaria, a local unit of the Belgium-based Cordeel Group, has begun the construction of a modern office and logistics centre for the distributor Orbico Bulgaria, part of the Croatian Orbico Group. The investment is EUR 26.5 million and 500 staff will work
Bulgarian startups are developing solutions according to the latest global technological trends and almost half of them (47%) offer world-class innovation, according to data from the fourth annual InnovationShip report of the MOVE.BG Foundation's open digital network EDIT. Compared to the
For the ninth consecutive year, Bulgaria ranks first among EU countries in the production of herbs and spices. According to Eurostat data, just over 71,000 tons of aromatic and medicinal plants and spices were harvested in the country in 2018. The
The foreign direct investments in Bulgaria continue to increase in 2019. According to data from the Bulgarian National Bank, between January and October FDIs amounted to EUR 953.1 million, which was EUR 554 million more compared to the same period last
A Swedish-Swiss concern for the manufacture of electrification products and industrial automation continues developing its business in Bulgaria and opened a new factory in the town of Petrich (Southwest Bulgaria). The company opened its second factory in this Bulgarian town. The
German auto parts manufacturer VOSS Automotive has officially opened its first factory in Bulgaria. The site is located in the Bahovitsa Industrial Park near Lovech and has been operating since May. The jobs created so far are 100, but by the
A Consortium of European and Asian companies is planning to build a factory for electric vehicles in Bulgaria. A memorandum of intentions for construction of this factory was signed in the presence of Bulgaria’s Deputy Premier for Economic and Demographic
