Business » Industry

Industrial Production Declines by 1.6% Month-on-Month in July

Industrial production in the EU has declined by 1% on a monthly basis in July and this is the first decrease since November, 2014.

Business » Industry | September 14, 2016, Wednesday // 18:59 | Viewed: 4157

Bulgaria’s Mining Output Rises 12% in 2015

Bulgaria’s mining output soared by 12% last year, reaching 112.5 million tones, a record rate of increase for the past 10 years, public radio broadcaster has BNR reported, citing data from the Bulgarian Chamber of Mining and Geology.

Business » Industry | August 19, 2016, Friday // 08:50 | Viewed: 3122

Aviostart Gets Nod to Offer to Supply Engines for Bulgarian MiG-29s

Bulgarian-based Aviostart is the only company which will be allowed to submit an offer for the supply of 10 engines for the country’s ageing fleet of MiG-29 fighter jets, local media reported on Thursday.

Business » Industry | August 4, 2016, Thursday // 21:47 | Viewed: 11309

U.S. Delegation Visits Bulgarian Arms Maker VMZ Sopot to Discuss Expansion of Ties

A delegation including representatives of the Pentagon, U.S. partner companies of VMZ Sopot visited the company to discuss opportunities to expand partnership with the leading Bulgarian arms maker, the Economy Ministry announced on Tuesday.

Business » Industry | July 26, 2016, Tuesday // 20:47 | Viewed: 2226

Bulgaria Says China Proposing to Invest USD 100 M in Car Wheel Plant in Ruse

China’s state-owned CITIC Group proposed to invest USD 100 M in a plant for the production of aluminium car wheels in Bulgaria, the government in Sofia announced on Friday.

Business » Industry | July 22, 2016, Friday // 16:37 | Viewed: 14668

China’s JAC Motors Looks into Opportunities to Start Making Electric Cars in Bulgaria

Chinese automaker JAC Motors is exploring opportunities to launch manufacturing in Bulgaria, the Economy Ministry in Sofia has announced.

Business » Industry | June 22, 2016, Wednesday // 23:21 | Viewed: 3068

Yazaki to Invest BGN 45 M in Its 3rd Bulgarian Plant

Japanese car parts manufacturer Yazaki plans to employ some 3 000 people for the factory it is about to begin building in Dimitrovgrad, the head of Bulgaria's investment promotion agency has said.

Business » Industry | June 22, 2016, Wednesday // 11:19 | Viewed: 12716

Bulgarian Arms Maker VMZ Expects EUR 50 M in New Deals after Paris Trade Show

Bulgarian arms manufacturer VMZ has said it expects to sign deals worth a total of some EUR 50 M following its participation in the international defence and security exhibition Eurosаtory 2016.

Business » Industry | June 17, 2016, Friday // 17:32 | Viewed: 12400

Bulgaria Proposes to Russia Joint Production of Ships, High-tech Items

Bulgaria has proposed to Russia to manufacture jointly high-tech products and items with high added value that can be sold on the Russian market as well as in the EU and third countries.

Business » Industry | June 16, 2016, Thursday // 16:14 | Viewed: 2786

Bulgaria’s Industrial Production Grows 2.5% Y/Y in April; Monthly Growth at Zero - Eurostat

Bulgaria registered zero growth in industrial production on a monthly basis for April 2016 following a 0.

Business » Industry | June 14, 2016, Tuesday // 20:02 | Viewed: 2478

Bulgaria’s Industrial Production Index Rises 2.5% Y/Y in April

Bulgaria’s industrial production index adjusted for the number of working days rose by 2.

Business » Industry | June 8, 2016, Wednesday // 17:20 | Viewed: 2134

Yazaki, Sa-ba to Open Spare Parts Factories in Bulgaria's Dimitrovgrad

Japan's Yazaki and Turkey's Sa-ba, manufacturers of car parts, are set to build two facilities in Dimitrovgrad, Southern Bulgaria, Capital daily reports.

Business » Industry | June 6, 2016, Monday // 12:46 | Viewed: 2635

Bulgarian Parliament Tentatively Bans Sale of Three Arms Firms

Bulgaria’sParliament on Thursday approved on first reading a ban on the sale of arms manufacturers VMZ and NITI, as well as arms trader Kintex.

Business » Industry | June 2, 2016, Thursday // 11:12 | Viewed: 16404

Bulgaria’s 2015 Arms Exports Top EUR 640 M, Up 50% Y/Y

Bulgarian exports of military hardware increased by more than 50% last year compared with 2014, a government official has said.

Business » Industry | May 25, 2016, Wednesday // 18:59 | Viewed: 2732

Sweden’s Assa Abloy Acquires Bulgarian-Based Locking Systems Maker Mauer

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.

Business » Industry | May 19, 2016, Thursday // 21:04 | Viewed: 3474

China’s Zhengzhou Yutong Bus Co. Considering Production in Bulgaria

Chinese bus manufacturer Zhengzhou Yutong Bus Co.Ltd is considering the construction of a factory in Bulgaria, Sofia-based daily Dnevnik reported on Monday.

Business » Industry | May 16, 2016, Monday // 18:42 | Viewed: 3037

Workers to Protest Again over Closure of Tobacco Plant in Sofia

Trarade unions with Bulgaria's major tobacco holding Bulgartabac have called for Monday a demonstration against the decision to close down a Sofia-based tobacco plant.

Business » Industry | May 9, 2016, Monday // 08:35 | Viewed: 12509

Bulgarian Govt Proposes to Ban Sale of Two Key Arms Firms

The Bulgarian government has proposed to ban the sale of arms manufacturer VMZ-Sopot and arms trader Kintex on account of their major importance for national security.

Business » Industry | May 4, 2016, Wednesday // 19:29 | Viewed: 12816

Bulgaria Ranks among Top Software Outsourcing Destinations, Studies Show

Two recent studies point to Eastern Europe and Bulgaria in particular as an increasingly attractive destination for companies looking to outsource software, according to an article posted on ZDnet website.

Business » Industry | April 30, 2016, Saturday // 10:59 | Viewed: 5037

Miners Stage Blockade Near Bulgaria's Burgas over Lack of Payment

Workers at closed Cherno More mine, in the region of Burgas, blocked on Tuesday morning the road between Burgas and the resort of Slanchev Bryag (Sunny Beach) to protest against the delay in payment of wages and compensations.

Business » Industry | April 26, 2016, Tuesday // 12:01 | Viewed: 5003

Bulgaria Backtracks on Plan to Sell Arms Firms VMZ, Kintex in 2018-2019

Bulgarian arms  manufacturer VMZ-Sopot and arms trader Kintex will remain state-owned, it emerged on Wednesday after a weekly cabinet meeting.

Business » Industry | April 13, 2016, Wednesday // 22:18 | Viewed: 5765