Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Turkish company eyes Plovdiv for diamond manufacture

Photo: Pixabay

A Turkish company, which manufactures diamonds in laboratory conditions by recreating the natural process of creation of single crystal diamonds, is considering making an investment in Bulgaria. Though it has not settled on a location, it is looking at the city of Plovdiv. The decision is expected to be made by the end of the year. The Bulgarian Investment Agency says the successful implementation of the project will create approximately 100 new jobs. Laboratory diamonds are used in jewellery, but also in a number of industries, such as chip manufacture, quantum sensors, optics and detectors for high-tech sectors.  

Compiled by Yoan Kolev

Translated and posted by Milena Daynova



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

Bulgaria has met the Eurozone inflation standard in 2024

Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%.  Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..

published on 1/15/25 11:50 AM

Unions and businesses protest against hike in industrial electricity prices

Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..

published on 1/9/25 1:13 PM

Eurozone entry could bring benefits for Bulgarian businesses and economy

Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..

published on 1/8/25 11:37 AM