Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Economy Minister grants investment certificates to two high-tech companies in Bulgaria

Kiril Petkov, caretaker economy minister (left)
Photo: BGNES

A Bulgarian company for the development of space nanotechnology and a company for manufacturing of electric cars have received investment certificates. The certificates were granted by Bulgaria's caretaker economy minister Kiril Petkov. The two companies have invested a total of 142 million euro in their operation in Bulgaria.

The export-oriented companies make the real added value in the Bulgarian economy and are the way to the improvement of the standard of living in the country, Petkov said.

29 new jobs will be created by the company investing in a space laboratory where nanocarriers will be developed. 

An additional 1,000 jobs will be opened in Bulgaria's town of Lovech where electric cars will be produced, explained Lyubomir Stanislavov of the Automotive Cluster in Bulgaria.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

New procedure under Recovery and Resilience Plan provides access to over BGN 1 billion for businesses

The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..

published on 9/28/24 5:05 AM

The EBRD lowers growth forecasts, but is optimistic about inflation

The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...

published on 9/26/24 1:17 PM
BNB

The largest flow of investments to Bulgaria is from the Netherlands, outflow is to Russia

The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show.  According to them, the..

published on 9/20/24 6:03 PM