The Bulgarian automobile producer Litex Motors is planning to invest around EUR 70 M in its Lovech factory, reports Capital Daily.
Bulgaria's trade in automotive parts has marked considerable success since 2009, with its exported production valued at roughly BGN 400 M (EUR 200 M) a year.
The index of producer prices in agriculture in the first quarter of 2014 decreased by 11.
Global automobile production will increase by 21 million units by 2021, according to a forecast by IHS Automotive.
A company in close relation with Hristo Kovachki, a controversial Bulgarian businessman, has sought a license to operate railway freight transportation.
China's state-owned drone manufacturer could take the lead in unmanned aerial vehicle production in less than 10 years, a recent report reveals.
In April the total business climate indicator in Bulgaria increased by 1.7% which is due to the improved business climate in industry, construction and retail trade.
In February 2014, seasonally adjusted industrial production rose by 0.2% in the Euro area and by 0.4% in the EU, according to estimates from Eurostat.
Germany's trade surplus was below expectations in February compared to the previous month, the country's statistics unit revealed.
The production in the Construction sector recorded a 0.5% monthly growth in February, according to preliminary data released by Bulgaria's National Statistical Institute, Tuesday.
Industrial production in February increased by 0.7% compared to January and by 6.5% on an annual basis, according to data released by Bulgaria's National Statistical Institute.
Water spring concessions in Bulgaria have dwindled from 25 to 15 over the last few years.
The E.Miroglio company, leader on the international textile market, will invest BGN 55M in its textile factories in Bulgaria's cities of Sliven, Yambol and Svishtov in 2014.
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