A Bulgarian start-up company producing sugar, gluten, soy and fat-free protein sweets is growing fast, incorporating ambitious plans and out-of-the-box ideas in its development.
After being valued at BGN 1 million (EUR 511,637) by a venture investment fund, the company managed to raise BGN 100,000 to improve and expand the distribution of its products in outlets across the country.
So far, their candies are available in over 200 outlets in Bulgaria. The company is also planning to break into markets abroad. Links with outlets in Romania, Greece, Poland, Italy and Spain are being built.
You can read more about the adventurous start of the entrepreneurs in 2020 in this publication: "Protein sweets – a revelation to the palate in three traditional flavours".
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..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..
Partly cloudy, chance of rain
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly Cloudy
Overcast, rain