New car sales in EU Member States have slumped to their lowest level in almost 30 years amid a shortage of auto parts in the first half of 2022, according to data from the European Automobile Manufacturers Association (ACEA) published by the dpa. In Bulgaria, 28,684 new cars were registered last year, up 16.9% from […]
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In November 2022, the total business climate indicator increased by 3.5% month-on-month, the National Statistical Institute reported on Tuesday. The indicator grew in all observed sectors – industry, construction, retail trade, and services. The composite indicator business climate in industry increased by 0.8%, due to the more favourable industrial entrepreneurs’ assessments and expectations about the […]
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Bulgarian caretaker Energy Minister Rosen Hristov and his Romanian counterpart Virgil-Daniel Popescu discussed the opportunity for building two hydro-power stations along the joint section of the Danube between the two neighbours, Hristov’s ministry said in a press release. The two officials met in Athens where they take part in the 1st Athens Ministerial Energy Dialogue organized […]
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The Bulgarian company e-Velox received a certificate issued under the Investment Promotion Act for an electric bicycle project, the Innovation and Growth Ministry said. The certificate was presented to the company by caretaker Innovation and Growth Minister Alexander Pulev. The company plans to build a new electric bicycle factory in the Kuklen zone, part of […]
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InvestBulgaria Agency reports that currently there are 43 investment intent projects for nearly BGN 2 billion in the process of certification which are expected to create nearly 3,300 new jobs. In the last week, four new projects for over BGN 75 million and 416 new jobs were certified in Strelcha, Blagoevgrad, Plovdiv and Sofia region. […]
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The Bulgarian Chamber of Commerce and Industry (BCCI) stimulates and encourages every single entrepreneur in this unpredictable economic and political environment to switch to renewable energy sources (RES) for their own needs, said BCCI’s President Tsvetan Simeonov at the third conference from the Regional Approach 2022 series in Sofia. Simeonov emphasized that the Chamber has […]
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The construction of the factory for electric cars in the Bulgarian town of Lovech, which was agreed a year ago by the then Minister of Economy Kiril Petkov with the investor, has practically already started. This was confirmed for the Bulgarian National Radio (BNR) by the executive director of the company “NEXT e GO” – Bulgaria, architect Lubomir Stanislavov. It is […]
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From: 19 September 2022 To: 24 September 2022 The International Technical Fair is among the best-established brands in the exhibition industry of Southeast Europe, a key forum for business contacts and a starting point for entering new markets. It presents the most promising trends in modern economy with expositions of innovative technologies, machinery and modern solutions […]
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The Silicon Valley-based company with Bulgarian roots Leanplum is now part of the global leader in cloud marketing solutions for customer engagement CleverTap. LеnŃ€lum is a fast-growing technology company and a leader in mobile marketing, co-founded in 2012 in San Francisco by Momchil Kupkachiev. The company has offices in Sofia, San Francisco, Amsterdam and Singapore. […]
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Foreign investment doubled in the first two months of the year compared to the same period last year. The Minister of Innovation and Growth, Daniel Lorer, presented four certificates issued under the Investment Promotion Act (IPA). The total value of the investment projects is BGN 30.5 million, and they will create 170 new jobs. Two […]
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