Investment News

The Mercedes Headlights Factory near Plovdiv is Looking to Employ 400 People

The Turkish company "odelo Farba Bulgaria", which is building a Mercedes headlights in Trakia Economic Zone (TIZ), is starting to recruit staff for the company.

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PM Borissov Voices Satisfaction that United States Is Sixth Biggest Investor in Bulgaria

During a meeting with members of the American Chamber of Commerce in Bulgaria (AmCham) on Tuesday, Prime Minister Boyko Borissov expressed satisfaction that the United States emerges as the sixth biggest investor in Bulgaria

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The Brands ZARA and IKEA Launch their First Stores in Plovdiv in November

International brands ZARA and IKEA will launch their first stores in Plovdiv and the two chains will open their premises in the renovated Plovdiv Plaza Mall.

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Sofia Municipality Investing BGN 48 Million this Year in Construction and Repair of Schools and Kindergartens

Alone this year, Sofia Municipality is investing BGN 48 million in the construction and modernisation of kindergartens and schools, probably the largest budget ever

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Devexperts Opens New Research and Development Centre in Bulgaria

Devexperts, one of the leading platform technology developers in the foreign exchange industry, announced today that it has opened a new research and development centre in Sofia, Bulgaria.

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A Complex for the Production of Railway Parts for BGN 240 Million will be Made in Burgas

An company plans to invest 124 million euros or over 240 million leva in the construction of a base in Burgas for the production of railway wheels, axles, tires and more.

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EBRD Invests EUR 100 Million in Bulgaria's BEH 7-yr Bond

The European Bank for Reconstruction and Development (EBRD) has invested 100 million euro ($115.9 million) in the seven-year, 550 million euro senior unsecured bond issue of state-owned Bulgarian Energy Holding (BEH), the bank said on Friday.

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Bulgarian Government Granting EUR 7.7 Million for Sofia Subway Line 3 Construction

Bulgaria's government said on Wednesday it decided to provide 15 million levs ($9.0 million/7.7 million euro) from its budget to Sofia municipality, which will be used to partially finance the first two phases of the construction of Line 3 of the Sofia subway.

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Sofia is Among the 20 Cities with the Fastest Increase in Prices of Housing in the World

Sofia is ranked 18th among 150 cities in the world with the fastest rise in prices of housing, according to an international report by the consulting company Knight Frank.

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The Leading Global Chain InterContinental Hotels & Resorts is Entering the Bulgarian Market

InterContinental Hotels & Resorts Global chain already hosts guests in Sofia and takes the place Radisson against the National Assembly.

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A New German Plant Opens 2000 Jobs in Bulgaria

A German company has invested EUR 32 million to build a new electric wiring plant in Pleven. This will create 2000 jobs for the region, a press conference at the Ministry of Economy has revealed.

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Multivac opens new 18.8m euro production facility in Bulgaria

Packaging company Multivac has opened a new €18.8 million production facility in Bulgaria, the company’s first manufacturing site in Eastern Europe.

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The Biggest Investors in Bulgaria are from the EU

The biggest foreign investors in the Bulgarian economy are from the European Union, according to a statement made by the Minister of Economy Emil Karanikolov.

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Feeling Good: FDI in Bulgaria

Bulgaria has seen a significant rise in foreign direct investments since its accession to the EU. But what have investors told us about the business climate in the country?

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Lukoil is Considering Building a Complex in Burgas for nearly EUR 1 Billion

Lukoil plans to build a complex for the production of polypropylene on the territory of "Neftochim" in Burgas, Vagit Alekperov, president and co-owner of the Russian company, told the RNB business magazine, calling the facility "a small petrochemical complex"

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The Financial Times Оpens a Тechnology Оffice in Sofia, Bulgaria

One of the world's leading business news organizations - the Financial Times, opens an office in Sofia in the autumn of 2018

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The Luxury Property Market in Bulgaria

The luxury property market in Bulgaria is moderately high during the first quarter of 2018, according to an analysis by the consulting firm Unique Estates.

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InterContinental® Debuts in Bulgaria With Opening of 194-Room InterContinental Sofia

InterContinental® Hotels & Resorts has brought modern luxury to Bulgaria with the opening of InterContinental® Sofia, an IHG® hotel, in the culture-filled capital city.

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FDI in Bulgaria in Q1 2018 was 179.1M euro

Foreign direct investment in Bulgaria in the first three months of 2018 stood at 179.1 million euro, the equivalent of 0.3 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on May 18.

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China's HNA to double investment in Bulgaria's Plovdiv airport

China’s HNA Airport Group will double its investment for repair and maintenance of the airport in Plovdiv, Bulgaria’s second largest city, the transport ministry said on Friday.

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