Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Investment certificates for 55 million euros signed

Photo: BGNES

The Minister of Economy Lachezar Borisov presented 4 certificates for investments class "A", the Minister's press center announced.

"Harmony 2012" in Kardzhali invests 23 million euros in a plant for processing zinc-containing materials. Alcomet in Shumen is investing 13m euros to increase and modernize the company's production in the automotive sector. EUR 5 million is invested by Technoion for a plant for hydro-metallurgical processing and production of cathode copper and zinc in the town of Devnya, Varna region. The fourth project is for the expansion of Lufthansa Technik's existing base in Sofia for 14 million euros.

The Minister pointed out that since the beginning of 2020, 18 certificates for investment class "A" have been issued, with a total value of 207 million euros, creating 2602 new jobs.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

New procedure under Recovery and Resilience Plan provides access to over BGN 1 billion for businesses

The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..

published on 9/28/24 5:05 AM

The EBRD lowers growth forecasts, but is optimistic about inflation

The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...

published on 9/26/24 1:17 PM
BNB

The largest flow of investments to Bulgaria is from the Netherlands, outflow is to Russia

The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show.  According to them, the..

published on 9/20/24 6:03 PM