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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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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ARICOMA Group, part of the Czech holding KKCG, acquired 100% of the Bulgarian IT company Musala Soft. The value of the deal remains undisclosed. The Bulgarian management team will stay on board in the long term. Founded in 2020 in Sofia, Musala Soft builds next-generation software products and enterprise solutions for local and international clients. […]
Read moreVisteon opened a brand-new high-tech testing laboratory for automotive technologies. It is the first facility of its kind in the country in terms of automotive testing capabilities at every stage of the production cycle. The laboratory will test the safety, quality and performance of the tech products that the American company develops for leading German […]
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Plovdiv-based “Camco” exports its products to over 50 countries on 4 continents Founded in 1991 as a small family business by Hristo and Kamila Dramovi, today “Camco” produces 6 own brands, the most popular of which is Victoria Beauty. At the same time, the company is a distributor of the products of over 32 other […]
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Plovdiv-based bicycle manufacturer MaxCom has announced the construction of a new plant in partnership with Austrian giant Pierer Group, a leading manufacturer of motorcycles – part of which are KTM, Husqvarna and GasGas. This investment will put the Bulgarian manufacturer at the forefront of the niche for the production of electric bicycles in the EU. […]
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Nestle Bulgaria invested another BGN 23 million in a robotic production line at its factory in Sofia. The innovation was presented during an online event that included a virtual walk showing the factory’s innovations. The investment is in a new production line of the KitKat brand, with an updated digital network that connects all machines […]
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EY Bulgaria selects ten of the most successful family businesses in Bulgaria to show good examples in the Bulgarian economy and raise awareness of the family business in general. In the years of modern market economy, Bulgaria has successfully built sustainable family businesses. Many of these businesses are already run by second, sometimes third generation […]
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The construction company Cordeel Bulgaria, a local unit of the Belgium-based Cordeel Group, has begun the construction of a modern office and logistics centre for the distributor Orbico Bulgaria, part of the Croatian Orbico Group. The investment is EUR 26.5 million and 500 staff will work in the centre after it is complete. The logistics base will include offices […]
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How the Asarel-Medet mining company has become an important factor in making the municipality of Panagyurishte an attractive place for living. Small settlements have a great potential for development, too. Even in the 21st century in Bulgaria, Panagyurishte has its own recipe for prosperity and does not hide it. One of the advantages of […]
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