Podcast in English
Text size
Bulgarian National Radio © 2023 All Rights Reserved

Large factory for electric bicycles being built in Bulgaria

Photo: maxcombike.com

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.


Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Balkan Developments

Dictionary of Serbian and Albanian words that do not need translation has been created "Democracy", "tradition", "propaganda", "battery", "epidemic", "komshii" (neighbors) - these are some of the words that do not need..

published on 11/24/23 4:13 PM

The discrete ravages of corruption

In Bulgaria there are laws, the toolbox is there, but it is not being used, says Bernard Vatier, chairman of the Paris Bar. The International Bar Association Conference (CIB) he is chairman of initiated a conference in Sofia with a focus on fighting..

published on 11/24/23 2:55 PM

Bulgarian folklore on show at charity bazaar in Dublin

The Chemshir Folk Dance Club from Armagh, children dancers from the Rayna Knyaginya School and Gabriela Ivanova singing Bulgarian folk songs presented Bulgarian folklore at an international charity bazaar in Dublin, Ireland.  The participation of..

published on 11/23/23 5:07 PM