Plovdiv, Bulgaria’s second-largest city, continues to strengthen its position as a key industrial and innovation hub in Southeast Europe. The latest testament to this is Schneider Electric’s announcement of a €53.5 million investment in expanding its smart factory in the Trakia
The smart home device company will move the production of its own chips to Bulgaria A Bulgarian smart device company with a market capitalization of $1 billion, attracting increasing attention on Europe's largest stock exchange and continuing to innovate. This is
The company has been manufacturing medical equipment in Bulgaria for over 30 years The new production facility of Czech company BTL Industries, a leading global manufacturer of high-tech medical equipment, was opened in Plovdiv. The investment amounts to nearly BGN
Although Bulgaria is in the group of emerging innovators according to the European Innovation Scoreboard 2024, with an innovation index not showing much progress since 2017, the country has witnessed positive developments in innovation and entrepreneurship, according to the most recent
EIC Scaling Club aims to turn 20% of its members into unicorn enterprises. Two companies from Bulgaria were selected to join the Scaling Club of the European Innovation Council (EIC). The club in question is a community of over 120 of
The company now also offers innovative treads for agricultural machines manufactured by CAMSO, Michelin Medina Med has launched a unique-in-Europe production initiative for the complete remanufacturing of rubber tracks for agricultural vehicles. This innovation offers an environmentally friendly and cost-effective way
Over than BGN 2 billion will be secured by the Ministry of Regional Development and Public Works through the Just Transition Fund for investments in the coal regions of Pernik (Western Bulgaria), Kyustendil (Southwestern Bulgaria), and Stara Zagora (Southern Bulgaria) in
Seasonally adjusted data show that Bulgaria's industrial production in November 2022 increased by 0.7% compared with October 2022, the National Statistical Institute said on Tuesday, reporting early estimates. In November 2022 compared with November 2021, industrial production grew by 4.7%, according
