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

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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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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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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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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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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BAS presents latest generation technology for transfer of scientific achievements in business

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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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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Bulgarian Government approves AI Development Concept

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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Sofia’s pilot project is published on the European Commission’s PolicyCLOUD Program Website

Sofia team is working on a pilot for the use of the European cloud infrastructure by the public administration and the pilot project for Sofia is already on the European Commission’s PolicyCLOUD program website. With the participation in the project, Sofia Municipality will be able to perform simulations, tests and analysis of potential policies, using […]

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