Bulgaria Remains "Emerging Innovator" by EU Standards, Positive Signs Discernible

Although Bulgaria is in the group of emerging innovators according to the European Innovation Scoreboard 2024, with an innovation index not showing much progress since 2017, the country has witnessed positive developments in innovation and entrepreneurship, according to the most recent Innovation.bg report published by the Applied Research and Communications Fund. The report was unveiled […]

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Two Bulgarian companies joined an exclusive club of the European Innovation Council

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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Medina Med launches the first in Europe line for the remanufacturing of rubber tracks

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

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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Industrial production goes up by 4.7% in November 2022 Y/Y

Seasonally adjusted data show that Bulgaria’s industrial production in November 2022 increased by 0.7% compared with October 2022, the National Statistical Institute said on Tuesday, reporting early estimates. In November 2022 compared with November 2021, industrial production grew by 4.7%, according to working day adjusted data. In November 2022 against October 2022, an increase was […]

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