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.
The Romanian company OMV Petrom, which is part of the Austrian OMV, has taken over as operator of the Han Asparuh perimeter in Bulgaria. OMV Petrom replaced Total Energies as the operator of the Han Asparuh deep water perimeter in Bulgaria, according to..
Bulgaria's GDP per capita, expressed in purchasing power standards (PPS), remains the lowest in the EU, according to preliminary data from Eurostat, the official European statistics agency. In 2023, the purchasing power of European citizens ranges..
The National Assembly voted, at second reading, to give the go-ahead to cooperation with the US for the construction of reactors 7 and 8 of the Kozloduy Nuclear Power Plant. Parliament greenlights nuclear project with US technology..
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..
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