Several targeted investments are planned for 2025 to support Bulgaria’s transition in the coal regions

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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

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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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Bulgarian company to produce 300,000 e-bikes annually

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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 investments to create 3,500 jobs in Bulgaria

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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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EU invests in three projects for sustainable, safe and efficient transport structure in Bulgaria

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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 Jim Rogers mulls investing in Bulgaria

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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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Bering Yachts begins production of luxury vessels in Burgas

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

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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

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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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Investment opportunities on Private Industrial Zone in Plovdiv

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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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