Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Economy Minister grants investment certificates to two high-tech companies in Bulgaria

Kiril Petkov, caretaker economy minister (left)
Photo: BGNES

A Bulgarian company for the development of space nanotechnology and a company for manufacturing of electric cars have received investment certificates. The certificates were granted by Bulgaria's caretaker economy minister Kiril Petkov. The two companies have invested a total of 142 million euro in their operation in Bulgaria.

The export-oriented companies make the real added value in the Bulgarian economy and are the way to the improvement of the standard of living in the country, Petkov said.

29 new jobs will be created by the company investing in a space laboratory where nanocarriers will be developed. 

An additional 1,000 jobs will be opened in Bulgaria's town of Lovech where electric cars will be produced, explained Lyubomir Stanislavov of the Automotive Cluster in Bulgaria.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Stanislav Popdonchev

Businesses are worried the political crisis is hampering the country’s development, says BIA Vice President

“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..

published on 11/12/24 10:00 AM

Bulgargaz LNG tender for January and February next year attracts record interest

Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..

published on 11/9/24 2:43 PM
Lukoil Neftochim in Burgas

FT: Russian oil company Lukoil plans to sell its Bulgarian refinery to Qatari-British consortium

The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times .  The deal is expected to be announced by the end of..

published on 11/6/24 11:55 AM