The European Bank for Reconstruction and Development (EBRD) has joined forces with Bulgarian company Park Lane Developments (part of AG Capital) and Belgian fund Mitiska REIM, which are developing retail parks across the country. The Bank will invest €50 million in the MEREP3 fund, which focuses on projects in Central and Eastern Europe. In 2024, […]
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EIC Scaling Club aims to turn 20% of its members into unicorn enterprises. Two companies from Bulgaria were selected to join the Scaling Club of the European Innovation Council (EIC). The club in question is a community of over 120 of Europe’s most promising deep technology companies. A total of 72 new companies were enrolled […]
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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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Over than BGN 2 billion will be secured by the Ministry of Regional Development and Public Works through the Just Transition Fund for investments in the coal regions of Pernik (Western Bulgaria), Kyustendil (Southwestern Bulgaria), and Stara Zagora (Southern Bulgaria) in 2025, the Ministry of Regional Development said. Priority 4 Initiatives for Just Transition In 2025, eight initiatives […]
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Bulgaria ranks among top countries in providing favourable environment for starting businesses – World Bank report The World Bank released its Business Ready annual ranking, based on its updated survey of business conditions in 50 countries around the world. Business Ready 2024 is structured around three key pillars that reflect the opportunities for doing business […]
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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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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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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 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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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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