The Minister of Economy Lachezar Borisov presented 4 certificates for investments class "A", the Minister's press center announced.
"Harmony 2012" in Kardzhali invests 23 million euros in a plant for processing zinc-containing materials. Alcomet in Shumen is investing 13m euros to increase and modernize the company's production in the automotive sector. EUR 5 million is invested by Technoion for a plant for hydro-metallurgical processing and production of cathode copper and zinc in the town of Devnya, Varna region. The fourth project is for the expansion of Lufthansa Technik's existing base in Sofia for 14 million euros.
The Minister pointed out that since the beginning of 2020, 18 certificates for investment class "A" have been issued, with a total value of 207 million euros, creating 2602 new jobs.
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in..
Partly Cloudy
sunshine, cloud, rain and thunder
Mostly Cloudy