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.
The National Assembly has ratified an international contract for the acquisition of ammunition for Stryker machines, reports BTA. The contract from the US government, worth a total of $64,880,655 excluding VAT, was approved by 125 votes to 51 against...
More than 150 firefighters continue the battle with the fire in the western part of the Slavyanka mountain. Several outbreaks were activated on Greek territory and managed to enter a juniper-laden forest on Bulgarian territory. Wide..
Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general economic situation in Bulgaria has been improving over the past 12 months, and expectations for the next..
President Rumen Radev appointed Bulgarian National Audit Office Vice-President Goritsa Grancharova-Kozhareva as the next caretaker Premier. The..
Bulgarian head of state Rumen Radev has met in the presidency with David Wright - commissioner of the US Nuclear Regulation Commission, who is on a..
Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general..
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