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 country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..
Bulgaria is among the largest producers of lavender oil in the world. Nearly 100% of it is export-oriented. The highest demand is in the USA, Germany, France, Austria, The Netherlands, India, Great Britain, Spain, Canada, Marocco,..
The National Statistical Institute (NSI) expects a high evaluation from the inspection of the Organisation for Economic Co-operation and Development (OECD), said NSI President Assoc. Prof. Dr. Atanas Atanasov. A report will be released by the end..
Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev..
In 2023, the share of young people aged up to 29 neither in employment nor in education, stands at 13.8%, as compared to 15.1% a year earlier. Compared..
+359 2 9336 661