Medina Med launches the first in Europe line for the remanufacturing of rubber tracks

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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 to extend the life of the rubber tracks. This reduces operating costs and waste, […]

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Bulgaria sees highest increase in new car sales in EU in 2022 Y/Y

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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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Bulgarian company to produce 300,000 e-bikes annually

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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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Bulgaria ranks 23rd in the 2022 Index of Economic Freedom – among the freest countries

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Bulgaria marks unprecedented growth in the global ranking of economic freedom. The country ranks 23rd out of 165 countries and territories included in the Economic Freedom Around the World 2022 study, published by the Market Economy Institute in association with Canada’s Fraser Institute. This year’s edition is based on 2020 data (the latest internationally comparable data for all countries). […]

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New German investments to create 3,500 jobs in Bulgaria

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New German investment projects are being launched in Bulgaria in the field of vehicle component manufacturing and information and communication technology, which will create 3,500 new jobs. This emerged after caretaker Economy and Industry Minister Nikola Stoyanov met with senior business executives in Bavaria, Stoyanov’s Ministry said. A company active in the automotive industry will […]

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EU invests in three projects for sustainable, safe and efficient transport structure in Bulgaria

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he European Commission has selected 135 transport infrastructure projects for EU grants out of a total of 399 project proposals submitted under the Connecting Europe Facility (CEF), the EU instrument for financing strategic investments in transport infrastructure. The funding will support projects in all EU Member States on the Trans-European Transport Network (TEN-T). For example, […]

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Wall Street legend Jim Rogers mulls investing in Bulgaria

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Wall Street legend and highly successful international investor, author and commodities expert, Jim Rogers has said he is considering investing in Bulgaria. Bulgaria is among the few countries, in which he is considering investing right now, since they have made the most improvement since his latest trip around the world, the billionaire, currently based in […]

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Silicon Valley company with Bulgarian roots Leanplum gets acquired by a world leader in retention marketing

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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. Lеnрlum 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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