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).
In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute. Monthly inflation in August dropped to 0.1%, compared to 1.7% in July. Inflation measured from..
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer..
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