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

Bulgarian business is looking to hire 261,926 new workers and professionals

In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..

published on 10/24/24 11:42 AM

Bulgaria will apply method used in France and Spain to combat hail

There will be pilot testing of ground-based silver iodide generators for hail protection in two zones where the use of rockets is not allowed, the Deputy Minister of Agriculture Ivan Kapitanov said.  At a meeting with Claude Berthet,..

published on 10/24/24 11:21 AM

Political instability is a major challenge for German investors in Bulgaria

The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..

published on 10/24/24 9:15 AM