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Belgium’s ABEE proposes to invest 1.1 billion euro in gigafactory in Bulgaria

Belgium’s ABEE proposes to invest 1.1 billion euro in gigafactory in Bulgaria

The project includes a Li-ion battery plant in Stara Zagora, a recycling facility in Burgas and an R&D center in Plovdiv


Bulgaria’s new factories in 2023: Part I (The South)

Bulgaria’s new factories in 2023: Part I (The South)

The value of the 15 biggest projects in the industrial sector reached BGN 4.4 bln in 2023


Sensata Technologies Bulgaria is Factory of the Year 2023

Sensata Technologies Bulgaria is Factory of the Year 2023

WITTE Automotive wins prize for most innovative project in Capital’s competition




Machines and equipment: Growth in high gear

Machines and equipment: Growth in high gear

The revenue of the top 70 manufacturers rose by 26% to over 15 billion levs in 2022



New automotive investment projects score hattrick exceeding 100 million levs

New automotive investment projects score hattrick exceeding 100 million levs

Austria’s GG Group, Netherlands-based Nedschroef Holding and Germany’s Sulzer are launching operations in Bulgaria


The Bulgarian unit of Belgium’s Televic to triple production of communications systems

The Bulgarian unit of Belgium’s Televic to triple production of communications systems

The company will invest 10 million levs in a new plant and add circuit board assembly to its line of business


Beauty segment drives BTL Industries’ sales to new high

Beauty segment drives BTL Industries’ sales to new high

The Plovdiv-based medical equipment maker doubles revenue on strong demand for aesthetic solutions



Iris.ai receives a 2.5 million euro grant from Brussels

Iris.ai receives a 2.5 million euro grant from Brussels

The European Investment Bank has committed to invest up to 12 million euros in the search engine for scientific literature


AE Solar Horizon to build solar panel plant in North Macedonia first

AE Solar Horizon to build solar panel plant in North Macedonia first

The German-Bulgarian company sticks to plans to launch production in Bulgaria at a later stage


Germany’s Eberspächer to build plant for automotive electrical heaters in Ruse

Germany’s Eberspächer to build plant for automotive electrical heaters in Ruse

Production will start in an interim facility from January 2023, the new building will be completed by September



Hitachi Energy invests 20 million BGN in expansion of Sevlievo plant

Hitachi Energy invests 20 million BGN in expansion of Sevlievo plant

The Japanese group manufactures high-voltage components and has 800 employees in Bulgaria


Monthly Startup News: Gov’t launches startup visas, Eleven introduces Unicorn Deal program, Coffee trading platform Almacena raises 3.5 mln euro

Monthly Startup News: Gov’t launches startup visas, Eleven introduces Unicorn Deal program, Coffee trading platform Almacena raises 3.5 mln euro

Here’s what happened in Bulgaria’s startup ecosystem in October


Bulgarian VC fund Eleven invests 1 million euro in North Macedonia’s startup Native Teams

Bulgarian VC fund Eleven invests 1 million euro in North Macedonia’s startup Native Teams

Native Teams is a work payments platform for freelance and remote workers


Belgian company buys Suite hotel in Sofia to make a hub for working nomads

Belgian company buys Suite hotel in Sofia to make a hub for working nomads

The owner of Melexis Bulgaria, Duchatelet, and his trusted football manager Catherine Mer bought the Suite hotel, located in Sofia’s Studentski Grad district.


Business with a cause: the sole nitrile-glove manufacturer in Europe

Business with a cause: the sole nitrile-glove manufacturer in Europe

Who are the people behind PPS Manufacturing and what are their beliefs