A new e-bike factory near the town of Plovdiv will create 1,000 new jobs, it became clear during the visit of caretaker Minister of Innovation and Growth Alexander Pulev to the production facility of e leading e-bike company.
The Bulgarian company is one of the largest bicycle manufacturers in Europe with an annual production capacity of over 400,000 biclycles. The company’s owner Maxim Mitkov and Minister Pulev discussed the construction of the factory, which will be located in Trakia Economic Zone near the village of Radinovo. The new factory will be a joint venture between the Bulgarian company and an Austrian manufacturer. Their investment will amount to 120 million BGN (EUR 61.3 million). The production of electric bikes is expected to start in 2024.
A hearing of the Prime Minister, the Ministers of Energy, Environment and Water, Agriculture and Food, and the Director of the National Electricity Company (NEK), has been included in the agenda of Bulgaria’s Parliament for February 12 at the..
The mysterious drone that made random maneuvers at Sofia Airport on February 7 and delayed six flights was hacked, manipulated, and was definitely not random. Large drones like the one used are military-type and are used for espionage and..
94% of workers in Bulgaria are dissatisfied with their salary, shows a survey conducted by Podkrepa Confederation of Labor. 91% of the respondents in the representative survey said that they receive a net income of less than 2,500 BGN (1,250 EUR) and..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
The parliamentary group of DPS-Democracy, Rights and Freedoms, affiliated with Ahmed Dogan declared they were categorically opposed to the appointment..
Maria Bakalova is set to star in Sylvester Stallone’s new film “My Masterpiece”, the professional film website IMDB writes. According to the official..
Mostly Cloudy
Partly Cloudy
Clear