One of the largest Bulgarian companies for repairing civil aviation aircraft has chosen Burgas for a major investment in aircraft repair and maintenance, the Municipality of Burgas announced. The company will build one of the largest hangar complexes in the country with a capacity for 7 production lines. It will be located in the Burgas Airport area and will span more than 7 acres. Additionally, an aircraft engine repair plant will be built for EUR 15 million. The total investment amounts to EUR 60 million. 500 highly skilled jobs will be created in the first stage. A total of 1,500 jobs will be opened in the final stage.
The complex is expected to be operational within 3 years. Another 5,000 jobs may be created in supporting businesses, the company stated. Currently, it services Airbus A320 CEO, Boeing 737 Classic/NG and Boeing MD-80 Series.
A few hours before being sworn in for the second time as President of the United States, Donald Trump shocked the international community with the news that he was launching his own cryptocurrency, called $TRUMP. A precedent that provoked many questions..
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
In 2024, Bulgaria's exports of goods to third countries decreased by 5.1% compared to 2023, amounting to EUR 15.4 billion (30 114.9 million BGN),..
Mostly Cloudy
Partly Cloudy
Clear