Nestle Bulgaria invested another BGN 23 million in a robotic production line at its factory in Sofia. The innovation was presented during an online event that included a virtual walk showing the factory’s innovations. The investment is in a new production
Stamen Yanev, Executive Director of the IBA presented a Class A investment certificate to Takvor Bohosyan, Executive Director of the Trade League - Global Pharmacy Center AD. The investment project forecast expansion of the existing MHAT "Heart and Brain", Pleven by
Sofia climbed two positions – tо 86th place among 1 000 cities in this year’s Global Ecosystem Rankings 2020 by StartupBlink – a leading international startups and research centers platform. A case study presents Sofia and the entrepreneurial ecosystem in the
Bulgaria is one of the leading manufacturers of bicycles, holding the fifth position in Europe in this indicator. A boom in recent years in Bulgaria has been registered in the production of electric bicycles. The sector turned out to be one of
According to data of the Bulgarian National Bank, foreign investments in Bulgaria increased by EUR 100 million in the first quarter of 2020 compared to the same period of 2019. By the end of March, more than EUR 254 million were invested
Business in Bulgaria - Getting a license for transporting goods and people. Conditions to obtain a Community license for passenger and freight transport operations in Bulgaria. According to Art. 2 Par.1 or ORDINANCE no. 11 of the Minister of Transport, Information
Possibilities for cooperation in the area of innovation are discussed on January 27 by representatives from the Western Balkans. The meeting was organized by the Agency for the Promotion of Small and Medium-Sized Enterprises and was attended by Bulgaria’s EU Commisoner
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,
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
