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 state of the Bulgarian labor market at the end of 2023 points to a tendency towards stagnation. This is the conclusion of an analysis of the Institute for Market Economy. As of mid-2021, the unemployment rate remains in the..
The German company Kayser Automotive will invest in a production facility for components such as piping systems, valves and tank parts in Pleven, Bulgarian Property Developments (BPD) said. The amount of the investment was not disclosed. The factory..
Retail fuel prices in Bulgaria rose by an average of 10 cents for diesel and 4 cents for petrol last month . "The prices are fully justified. They are related to what is happening on the international oil markets," said Svetoslav Benchev of the..
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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