Italian company for the production of photovoltaic modules has invested about 7 million euros in its new factory in the Bulgarian city of Yambol. Construction is expected to begin in April 2023 and production will start by the end of next year. About 50 new jobs will be opened as the specialists needed are engineers and experts from the IT sphere. Production will be environmentally friendly, with no risk of pollution, as the goal is its capacity reaching 600 megawatts. A photovoltaic park on an area of about 600 decares will also be built next to the factory.
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko..
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