Major Partnership: "Bulgarian Railways" and "Deutsche Bahn" Seal Agreement for 76 Upgraded Wagons
"Bulgarian Railways" (BDZ-Passenger Services EOOD) has inked a contract with Deutsche Bahn for the supply of 76 state-of-the-art passenger wagons
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Sweden’s Assa Abloy, a global door opening solutions provider, has acquired Mauer, a leading manufacturer of cylinders and locks and supplier of locking products in Bulgaria, for an undisclosed sum.
“The acquisition of Mauer delivers on our strategy to grow our presence in emerging markets", Assa Abloy President and CEO, Johan Molin, said in a statement posted on the group’s website on Thursday.
Tzachi Wiesenfeld, Executive Vice President of Assa Abloy and Head of the grop’s EMEA division, added: “Mauer is an innovative business, especially in relation to cylinders, with a strong track record and a leading position in the Bulgarian market.
Mauer, established in 1989, now has some 200 employees. It has been founded under the brand name Dekaba and its main activity is the development, production and trading of high security products.
Today, Mauer Locking Systems is a Bulgarian-German-Dutch company, with production facilities based in Varna, Bulgaria and assembling business, based in Amersfoort, The Netherlands. The company has sales offices in Sofia, Plovdiv and Pleven in Bulgaria.
Assa Abloy was formed in 1994 through the merger of Assa in Sweden and Abloy in Finland. Since then Assa Abloy has grown from a regional company to an international group with more than 46,000 employees.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Online sports betting has taken the world by storm, offering enthusiasts an exciting way to engage with their favorite sports.
In response to the ongoing war between Russia and Ukraine, the European Commission has greenlit a significant aid package for Bulgarian farmers, totaling approximately 86.9 million euros
If you compare today's casino experience with two decades back, you can tell that a lot has changed.
Game distributors and casino sites want to be as accessible and user-friendly as possible.
The early decades of the 21st century have presided over huge changes in both society and technology, so much so that it is difficult to imagine what parts of the world today will survive to be distilled into the history books.
Farmers' protests in Bulgaria show no signs of abating as over 20 agricultural organizations demand an urgent meeting with Prime Minister Nikolai Denkov
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022