One of the largest companies in the automotive industry – Behr-Hella Thermocontrol (BHTC) has invested 16.2 million euros to expand its plant in Bulgaria, located in the economic zone of Bozhurishte. Thus, production in the company may double. With the creation of 250 new jobs, the number of employees will exceed 700 people. After expanding the plant, it will be able to produce 150,000 units a week and over 7 million a year. Together with the production base in Bozhurishte, in 2015 the company also opened a development center for the production of panels for the management of car air conditioning systems, and among the major clients are companies like Audi, BMW, Bentley, Daimler, Ford, Renault, Volvo and others.
The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..
MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most..
Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory Commission, the initially proposed price of EUR29.12 per megawatt-hour was reduced to EUR28.36. The..
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