The Bulgarian company “Investstroy” EOOD is looking for an investment partner

“Investstroy” EOOD is a Bulgarian company seated in Burgas. It has its own distillery, equipped for the production of essential oils from grass crops, which is developed on a modular basis with a capacity for processing 300 kg of raw products per hour. Detailed presentation of the company’s activity HERE. The processed raw materials and finished […]

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Additional investments show the long-term intentions of local and foreign investors in Sofia

Over the past months, several international companies established business operations or expanded their current operations in Sofia. The city offers indisputable advantages that attract investor interest, and the decisions for additional investments show their long-term development plans in our country. Sofia is the largest economic center in Bulgaria, producing 40% of the county’s GDP and […]

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Bulgarian entrepreneurs start a unique production for the European Union

The new company PPS Manufacturing will start production of the highest class nitrile medical gloves in Plovdiv. The investment of BGN 15 million is made with the support of EU financial instruments managed in our country and is initiated by Bulgarian entrepreneurs in unison with the processes of reorganization and transformation of the local economy in […]

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MaxCom becomes the leading e-bike manufacturer in the EU after new investment with Austrian giant

Plovdiv-based bicycle manufacturer MaxCom has announced the construction of a new plant in partnership with Austrian giant Pierer Group, a leading manufacturer of motorcycles – part of which are KTM, Husqvarna and GasGas. This investment will put the Bulgarian manufacturer at the forefront of the niche for the production of electric bicycles in the EU. […]

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Science for Business Forum Makes a Comeback – Exciting Bulgarian Projects Premiered Online

The most interesting projects developed at the Bulgarian Academy of Sciences, ready to give a start to a successful business were presented at the Science for Business forum. For the first time, the Bulgarian vaccine against COVID-19, PCR test kits, a device for dry-mist air disinfection, bioceramics based on a space technology and many others were introduced. One of […]

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Nestle Bulgaria invested BGN 23 million in a robotic production line in Sofia

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 line of the KitKat brand, with an updated digital network that connects all machines […]

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Stamen Yanev presented a class “A” investment certificate

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 building a new Oncology – Cancer wing “Cancer. The amount of the investment is […]

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Sofia ranks 86th among 1 000 cities across the world in the StartupBlink Global Ecosystem Rankings 2020

Sofia climbed two positions – tĐľ 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 city in the deep dive section of the report. For its annual review, StartupBlink has reviewed […]

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Bulgaria is among Europe’s leading bicycle manufacturers

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 the few in Bulgaria that did not suffer during the coronavirus crisis, even reporting […]

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Foreign investments in Bulgaria Increased by EUR 100 million in the first quarter of 2020

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 in the Bulgarian economy. Due to the coronavirus pandemic, there has been a threefold […]

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