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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Starting a new business is easier and less costly in Bulgaria compared to other countries in Europe and the developed world. . In recent years Bulgaria cut the costs associated with new business registration and now the cost of starting a new business is just 1% of income per capita as opposed to 7% in […]
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Plovdiv is the second IT and BPO center in Bulgaria in terms of both number of companies and employees, which exceed 7,000. Given the trends, this number is expected to increase by nearly 5,000 people in the coming years. The Outsourcing sector is one of the fastest growing in Bulgaria and the pandemic not only […]
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“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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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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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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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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