Podcast in English
Bulgarian National Radio © 2022 All Rights Reserved

Industrial zone near Plovdiv attracts another major investment

Photo: economy.bg

A German concern manufacturing electrical goods, heating, ventilation and air conditioning systems will invest EUR 17 million to expand its production facility near the city of Plovdiv. The new factory will start producing concrete mixers. The investment includes the delivery of already existing equipment from Germany, its integration into the plant’s equipment and the purchase of new machinery. So far, 120 people have been employed at the new factory, including welders, mechanics and painters. The Covid-19 pandemic has not impacted the company’s performance. It managed to reorganize its workflow. In 2020, its revenues amounted to EUR 257 million, which was 10% more as compared to 2019. In 2020, the company’s profit increased to EUR 17.4 million (9% more as compared to the previous year).

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

More from category

Bulgarian government wants to negotiate lower fuel prices with Lukoil

The Ministry of Energy will propose giving a loan of 400 million euros to the state-owned company "Bulgargaz", caretaker minister Rosen Hristov has told BNT. The goal is for "Bulgargaz" to enter the public financing market in order to..

published on 8/11/22 11:32 AM

Truffles – treasure not well-known but often found in Bulgaria

Hardly anyone doubts that among the diverse and rich nature of Bulgaria one can find these aromatic mushrooms that are worth a fortune on world markets. Truffles have long been known in Europe as a sophisticated and special addition to dishes with..

published on 8/9/22 3:04 PM
Atanas Pekanov

First EU payments under recovery plan expected in the autumn, EU Funds Minister says

The first payments under the recovery and resilience plan are expected in the autumn, caretaker Minister for EU Funds Atanas Pekanov said in an interview with Nova TV. The sum will amount to EUR 1.3 billion and Bulgaria will request it by the end of..

published on 8/8/22 10:32 AM