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
The overall business climate indicator in Bulgaria has increased in December by 1.7 points from 17 percent to 18.7% compared to November . An increase in the indicator was observed in the industry sector by 1.9 points, in retail trade by 5.7 points and..
The National Assembly postponed the discussion and voting of the most important fiscal law of the land – the national budget for 2025 – for next year. “If we do not have an approved budget by 19 January, then everything in the country will grind to a..
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association..
Cloudy
Partly Cloudy
Mostly Cloudy
Clear