A German concern manufacturing electrical goods, heating, ventilation and air conditioning systems will invest EUR 17 million to expand its production facility near the city of Plovdiv. The new factory will start producing concrete mixers. The investment includes the delivery of already existing equipment from Germany, its integration into the plant’s equipment and the purchase of new machinery. So far, 120 people have been employed at the new factory, including welders, mechanics and painters. The Covid-19 pandemic has not impacted the company’s performance. It managed to reorganize its workflow. In 2020, its revenues amounted to EUR 257 million, which was 10% more as compared to 2019. In 2020, the company’s profit increased to EUR 17.4 million (9% more as compared to the previous year).
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank President Christine Lagarde said in an interview with public service..
The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign investors with useful and up-to-date information in one place, making it easier for them to make..
The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency,..
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