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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The Central Laboratory for Applied Physics at the Bulgarian Academy of Sciences in Plovdiv demonstrated modern equipment of a new generation, which expands its scientific activity and helps dozens of companies to transfer scientific achievements. The team participates in several EU research programs and has already invested over BGN 2.5 million in new equipment and […]
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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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Silistra – Călărași ferry line was restored on March 15. The service is provided only by a Romanian transport operator, who has the ambition to make 7 courses daily (transporting around 140 trucks). The activity of the authorities implementing obligatory border control at “Silista-Ferry” border crossing point was restored too. Under decision of the Silistra […]
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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 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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The government has approved the Concept for the Development of Artificial Intelligence in Bulgaria by 2030. The concept provides for systems, applications and services based on artificial intelligence technologies to support the development of education, public services, agriculture, health and the environment. These are the sectors identified as priority in the concept, explained the Minister of Transport and Information Technology Rossen […]
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InvestBulgaria Agency (IBA) in association with 15 Bilateral Trade and Industrial Chambers in Bulgaria organize an online conference on theme: “Bulgaria as the newest top destination for nearshoring”. The event will be held online on July 30, 2020, from 10:00 a.m. Bulgarian time. Participants in the discussions will be Mr. Stamen Yanev – Executive Director of IBA, representatives of the Bilateral […]
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This summer, residents and visitors of Berlin will be welcomed by an open-air art installation from Bulgarian letters in one of the most visited places on the banks of the River Spree, near Berlin Cathedral and Museum Island. The art installation is the Bulgarian greeting to the German Presidency of the Council of the EU, […]
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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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