One of the largest Bulgarian companies for repairing civil aviation aircraft has chosen Burgas for a major investment in aircraft repair and maintenance, the Municipality of Burgas announced. The company will build one of the largest hangar complexes in the country with a capacity for 7 production lines. It will be located in the Burgas Airport area and will span more than 7 acres. Additionally, an aircraft engine repair plant will be built for EUR 15 million. The total investment amounts to EUR 60 million. 500 highly skilled jobs will be created in the first stage. A total of 1,500 jobs will be opened in the final stage.
The complex is expected to be operational within 3 years. Another 5,000 jobs may be created in supporting businesses, the company stated. Currently, it services Airbus A320 CEO, Boeing 737 Classic/NG and Boeing MD-80 Series.
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Financial and tax stability has been shaken in recent years so it is good that a government has been formed, said Vasil Velev, chairman of the Bulgarian Association of Industrial Capital, at a joint press conference of employers. "Romania was..
+359 2 9336 661