Westinghouse plans to build a geothermal energy storage facility in Bulgaria

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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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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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Schneider Electric Bulgaria’s smart factory is growing.

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Schneider Electric Bulgaria’s smart factory is growing. The company is planning to expand its existing production building in the village of Benkovski (Plovdiv District) with additional capacities for assembling medium and low voltage electrical equipment. The new wing will cover an area of ​​3,000 square meters, divided into two main parts – manufacturing/storage and administrative. The investment […]

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How Plovdiv became Bulgaria’s economic center

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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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Atos opens new global next-gen Security Operations Center in Bulgaria and strengthens its sovereign security offering in Europe

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Atos, leading managed security services provider in Europe, on 22 March announced the opening of a new next-gen Security Operations Center (SOC) in Sofia, Bulgaria, as part of the continuous expansion of its cybersecurity activities. The new center is Atos’ 16th next-gen SOC worldwide. It is designed to rapidly identify and limit the impact of security incidents […]

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Plovdiv’s promotional campaign featured in 52 German media outlets

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Municipality of Plovdiv and AHK’s campaign in German media, aimed to promote Plovdiv as an attractive investment destination, has ended. The result – 52 German media sourced announced Plovdiv as the New Investment Hotspot of the EU. The article was published in some of the leading online newspapers in Germany, including Der Tagesspiegel, Berliner Morgenpost, Online […]

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Plovdiv is the second IT&BPO center in Bulgaria

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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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The Bulgarian company “Investstroy” EOOD is looking for an investment partner

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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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Additional investments show the long-term intentions of local and foreign investors in Sofia

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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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Bulgarian entrepreneurs start a unique production for the European Union

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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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