The Bulgarian government moves forward with first-of-its-kind draft law on crypto assets Bulgaria is taking a step towards regulating the rapidly growing crypto market with the creation of the first-ever Crypto Asset Markets Act. At its meeting today, the government approved the draft law, which aims to create a clear and stable legal framework for […]
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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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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 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. 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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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, 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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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 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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