A Turkish company, which manufactures diamonds in laboratory conditions by recreating the natural process of creation of single crystal diamonds, is considering making an investment in Bulgaria. Though it has not settled on a location, it is looking at the city of Plovdiv. The decision is expected to be made by the end of the year. The Bulgarian Investment Agency says the successful implementation of the project will create approximately 100 new jobs. Laboratory diamonds are used in jewellery, but also in a number of industries, such as chip manufacture, quantum sensors, optics and detectors for high-tech sectors.
Compiled by Yoan Kolev
Translated and posted by Milena Daynova
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price..
+359 2 9336 661