The construction of a new factory for the production of electric bicycles and other two-wheeled electric vehicles has started near Plovdiv.
The investment is planned to exceed 60 million euros and create 1,000 new jobs as the country is expected to become Europe's leading manufacturer of electric bicycles. The company from the city of Plovdiv works mainly for export and has long been among the leaders on the European market.
According to the plan, the new facility should be ready in the second half of 2023 and production should start in 2024. The annual production capacity should exceed 300,000 electric bicycles.
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In the early 1960s, it was concluded that Bulgaria’s water resources were insufficient to meet the needs of agriculture. As a result, large-scale..
In 2025, Bulgaria celebrates 1170 years since the creation of the Glagolitic script – the first Slavic alphabet that preceded the..
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