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

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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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Bulgaria ranks among top countries in providing favourable environment for starting businesses – World Bank report

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Bulgaria ranks among top countries in providing favourable environment for starting businesses – World Bank report The World Bank released its Business Ready annual ranking, based on its updated survey of business conditions in 50 countries around the world. Business Ready 2024 is structured around three key pillars that reflect the opportunities for doing business […]

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43 investment intent projects for nearly BGN 2 billion are in the process of certification

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InvestBulgaria Agency reports that currently there are 43 investment intent projects for nearly BGN 2 billion in the process of certification which are expected to create nearly 3,300 new jobs. In the last week, four new projects for over BGN 75 million and 416 new jobs were certified in Strelcha, Blagoevgrad, Plovdiv and Sofia region. […]

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These Bulgarian electric vehicles will be among the most affordable on the world market

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The construction of the factory for electric cars in the Bulgarian town of Lovech, which was agreed a year ago by the then Minister of Economy Kiril Petkov with the investor, has practically already started. This was confirmed for the Bulgarian National Radio (BNR) by the executive director of the company “NEXT e GO” – Bulgaria, architect Lubomir Stanislavov. It is […]

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International Technical Fair Plovdiv, 19 – 24 September 2022

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From: 19 September 2022 To: 24 September 2022 The International Technical Fair is among the best-established brands in the exhibition industry of Southeast Europe, a key forum for business contacts and a starting point for entering new markets. It presents the most promising trends in modern economy with expositions of innovative technologies, machinery and modern solutions […]

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Silicon Valley company with Bulgarian roots Leanplum gets acquired by a world leader in retention marketing

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The Silicon Valley-based company with Bulgarian roots Leanplum is now part of the global leader in cloud marketing solutions for customer engagement CleverTap. Lеnрlum is a fast-growing technology company and a leader in mobile marketing, co-founded in 2012 in San Francisco by Momchil Kupkachiev. The company has offices in Sofia, San Francisco, Amsterdam and Singapore. […]

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Foreign investment in Bulgaria doubled in the first two months of the year compared to the same period last year

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Foreign investment doubled in the first two months of the year compared to the same period last year. The Minister of Innovation and Growth, Daniel Lorer, presented four certificates issued under the Investment Promotion Act (IPA). The total value of the investment projects is BGN 30.5 million, and they will create 170 new jobs. Two […]

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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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RE-Source Southeast 2022

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RE-Source Southeast 2022 is the main event in Southeast Europe dedicated to renewable corporate sourcing. We bring together industrial and corporate consumers, project developers, electricity traders and renewable power producers. 31.05.2022 and 01.06.2022 Sofia, Sofia Tech Park, forum John Atanasov The event is organized by RE-Source Hub Bulgaria – the Association for Production, Storage and Trading of Electricity […]

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The Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) has been launched in Sofia

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The Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) has been launched in Sofia The Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) has been launched in Sofia. INSAIT is a new Bulgarian Institute established in partnership with ETH Zurich and EPF Lausanne. INSAIT aims to become a leading international scientific institute for […]

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