At the Three Seas Business Forum, Connecting for Growth 2025, which took place in Warsaw on 28 and 29 April, Bulgarian Development Bank (BDB) Executive Director and member of the Supervisory Board of the Three Seas Investment Fund, Tsanko Arabadzhiev, said that Bulgaria offers one of the most flexible platforms for high-potential investments in Europe, […]
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Technology destination PLOVDIV – R&D, Startups, Outsourcing International recognition Bulgaria is transitioning away from customer support services and moving towards more knowledge-intensive activities, such as financial consulting and reporting, R&D, technical data analysis and interpretation: 3rd MOST INNOVATIVE UPPER MIDDLEINCOME COUNTRY IN THE WORLD Global Innovation Index, Cornell, 2023 1st MOST GOLD MEDALS IN INTERNATIONAL […]
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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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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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New car sales in EU Member States have slumped to their lowest level in almost 30 years amid a shortage of auto parts in the first half of 2022, according to data from the European Automobile Manufacturers Association (ACEA) published by the dpa. In Bulgaria, 28,684 new cars were registered last year, up 16.9% from […]
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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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The International Monetary Fund (IMF) expects Bulgaria’s economy to grow by 3.9 per cent this year before slowing down to three per cent, according to its latest World Economic Outlook report. IMF’s economic growth estimate for Bulgaria in 2022 shows a significant change from April, when it projected 3.2 per cent growth this year, followed […]
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Bulgaria marks unprecedented growth in the global ranking of economic freedom. The country ranks 23rd out of 165 countries and territories included in the Economic Freedom Around the World 2022 study, published by the Market Economy Institute in association with Canada’s Fraser Institute. This year’s edition is based on 2020 data (the latest internationally comparable data for all countries). […]
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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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