Investment News

3564 Stores Later, the German Giant KiK Plans to Open its First 10 in Bulgaria as well

One of Germany's largest clothing stores, KiK, will enter the Bulgarian market in 2019 and plans to open 10 stores in the first year.

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ABB Electronics Starts the Construction of New Production Unit in Bulgaria

The company’s new factory is the second greenfield investment of ABB Group in Petrich area and company’s fifth factory in Bulgaria.

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€ 10 Million Investment and 300 Jobs Created at an Electric Car Factory near Plovdiv

€ 10 million will be invested in Bulgaria by the Chinese electric car maker Cenntro Automotive Corporation and Luxembourg-based SEVIC eMobility, SEVIC Director of Business Development Emil Yankov told SeeNews.

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The Plant for € 15 Million, which will make Parts for Airbus Aircraft near Plovdiv

If you recently travelled with a plane made by the European manufacturer Airbus, it's very likely that the doors you've entered through have been produced by another French giant in the airline industry - Latecoere.

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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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