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 National Bank building

EUR 102 million in new debt will probably be taken out in mid-May

200 million Leva (over EUR 102 million) of new debt is expected to be taken out on 13 May this year, according to the Bulgarian National Bank website. This is the date on which an auction has been announced for 6-month treasury bonds with an annual..

published on 4/27/24 4:24 PM

Fitch Ratings affirms Bulgaria's long-term foreign-currency Issuer Default Rating

Fitch Ratings has affirmed Bulgaria's long-term foreign-currency Issuer Default Rating (IDR) at 'BBB' with a positive outlook. Bulgaria intends to request a reassessment of its progress on convergence criteria in 2H24, which should allow for..

published on 4/27/24 1:03 PM

More than 1/5 of Bulgarians live below the poverty line

The poverty threshold in Bulgaria was BGN 637.92 (EUR 323) per person per month in 2023. This is an increase of 21.3 per cent compared with the previous year , when the indicator was BGN 525.92 (EUR 266), the National Statistical Institute said.  I..

published on 4/26/24 1:37 PM