Prototypes and scientific developments shown at the Science for Business Forum

Developments with the potential to become a successful business were demonstrated by the Bulgarian Academy of Sciences during the second edition of the “Science for Business” forum, which took place at Sofia Tech Park. The event was opened by the Minister of Innovation and Growth Daniel Lorer and the Minister of Education and Science Acad. […]

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Bering Yachts begins production of luxury vessels in Burgas

US-based expedition vessels producer Bering Yachts begins work in the Bulgarian coastal city of Burgas this year. The company will unveil a shipyard here that will specialize in the full cycle of production of luxury transatlantic yachts and smaller speed boats. Presenting a yacht at the Port of Burgas on 18 May, managers of Bering […]

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

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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Foreign investment in Bulgaria doubled in the first two months of the year compared to the same period last year

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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Westinghouse plans to build a geothermal energy storage facility in Bulgaria

The American company specializing in nuclear energy, Westinghouse and the Bulgarian Energy Holding (BEH) have signed a Memorandum of Understanding, which envisages the construction of a 2 gigawatt geothermal energy storage facility in Bulgaria. This was reported by Energy Storage News. With the arrival of this government, there is more and more talk of exploring the possibilities for the use of geothermal energy in households and production, and the […]

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RE-Source Southeast 2022

RE-Source Southeast 2022 is the main event in Southeast Europe dedicated to renewable corporate sourcing. We bring together industrial and corporate consumers, project developers, electricity traders and renewable power producers. 31.05.2022 and 01.06.2022 Sofia, Sofia Tech Park, forum John Atanasov The event is organized by RE-Source Hub Bulgaria – the Association for Production, Storage and Trading of Electricity […]

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The Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) has been launched in Sofia

The Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) has been launched in Sofia The Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) has been launched in Sofia. INSAIT is a new Bulgarian Institute established in partnership with ETH Zurich and EPF Lausanne. INSAIT aims to become a leading international scientific institute for […]

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Investment opportunities on Private Industrial Zone in Plovdiv

Investment opportunities on Private Industrial Zone in Plovdiv were the topic of a meeting at BCCI The President of the Bulgarian Chamber of Commerce and Industry met Klaudija Lutovska, investment consultant and discussed the opportunities for investments around the second biggest city in Bulgaria. Ms. Lutovska presented an Industrial plot in Plovdiv ready for investment. […]

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Schneider Electric Bulgaria’s smart factory is growing.

Schneider Electric Bulgaria’s smart factory is growing. The company is planning to expand its existing production building in the village of Benkovski (Plovdiv District) with additional capacities for assembling medium and low voltage electrical equipment. The new wing will cover an area of ​​3,000 square meters, divided into two main parts – manufacturing/storage and administrative. The investment […]

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How Plovdiv became Bulgaria’s economic center

Over the past years Plovdiv became one of the largest industrial centers in Southeastern Europe. Local authorities in the face of Municipality of Plovdiv actively work with the local business organizations to attract new investments. “It’s not a coincidence. Plovdiv has been laying the groundwork in order to position itself on investors’ shortlist,” said Dr. Mitko […]

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