The Sofia Municipality, Sofia Tech Park and the Health and Life Sciences Cluster Bulgaria have signed a memorandum of cooperation and the establishment of the country's first Biotechnology Center. There is a rise in the number of startups in the sphere of medicine and biotechnology, as well as R&D centers in Sofia
The Biotechnology Center will be an area where scientists, entrepreneurs and students will find suitable environment to support the start and development of their business. The construction of the center will put Sofia on the international map in the field of biotechnology and life sciences, as a place for science and investment in the development of health technologies, BTA reported.
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting preferential loans to those working in the public sector. In an interview with BNT, he said that..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
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