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ABB to Invest USD 23 M in 4th Bulgarian Factory, Add 600 Jobs

Industry | December 6, 2012, Thursday | Viewed: 1528
Swiss-based global engineering group ABB plans to invest about USD 23 M to build its second greenfield factory in Bulgaria, the company announced Thursday....

Bulgarian Great Wall Cars to Boast Bulgarian Batteries, Lubricants

Industry | December 4, 2012, Tuesday | Viewed: 1246
Bulgarian-assembled Chinese Great Wall vehicles will use Bulgarian-produced batteries and lubricants, informed Bulgarian Great Wall contractor Litex Motors....

Bulgaria's Faltering Military Giant Goes for All-out Strike

Industry | December 3, 2012, Monday | Viewed: 926
Thousands of workers of the largest Bulgarian military plant, the state-owned VMZ Sopot, will be out on an effective strike as of the morning of December 13, 2012, the Podkrepa ("Support") Labor Confederation announced Monday....

Bulgarian Bank Moves to Kill Largest Metal Factory

Industry | December 2, 2012, Sunday | Viewed: 1123
All workers at the troubled OTzK Kardzhali, Bulgaria's largest non-ferrous metal works, will be shortly fired, according to media reports....

Investment Agency: Foreign Carmakers Eye Bulgarian Market

Industry | November 30, 2012, Friday | Viewed: 1102
Four to five automobile industry factories are going to open in Bulgaria soon, according to the Executive Director of the Bulgarian Agency for Investments, BAI, Borislav Stefanov....

Bulgarian Bank Swallows Non-Ferrous Behemoth

Industry | November 27, 2012, Tuesday | Viewed: 891
Bulgaria's First Investment Bank, FIB, the largest creditor of troubled Lead and Zinc Complex (OTzK) Kardzhali, has acquired its lead plant in a tender without competition. ...

Bulgaria-Assembled Great Wall Cars Presented in Macedonia

Industry | November 8, 2012, Thursday | Viewed: 1486
Macedonia has become the first market outside Bulgaria to officially import Great Wall vehicles assembled by Bulgaria's Litex Motors, it has been made clear....

Bulgaria Govt Extends Concession of Copper Mining Firm Elatsite Med

Industry | November 7, 2012, Wednesday | Viewed: 895
Bulgaria's government has extended by 10 years the concession granted to Elatsite Med AD for the production of porphyry copper-gold ore from the Elatsite deposit located in the Sofia district....

Bulgaria Sees EU's Largest Increase of Industrial Producer Prices Sept 2012 Y/Y

Industry | November 6, 2012, Tuesday | Viewed: 1023
Bulgaria observed the largest annual increase of its industrial producer price index among all EU member states in September 2012 (+6....

Bulgarian Pharmaceutical Giant Swallows Pill Producer

Industry | October 31, 2012, Wednesday | Viewed: 1026
Major Bulgarian pharmaceutical producer Sopharma has swallowed "Bulgarian Rose Sevtopolis", a local producer of pills....

Bulgarian Producer Prices in Industry Up by 6.6% Sept Y/Y

Industry | October 30, 2012, Tuesday | Viewed: 848
Bulgaria's producer price index on the domestic market grew by 6.6% year on year in September 2012, according to the country's National Statistical Institute....

Bulgaria's Largest Military Plant Set for 'Warning Strike'

Industry | October 22, 2012, Monday | Viewed: 971
The workers of VMZ Sopot, Bulgaria's largest military industrial plant, are set for a one-hour warning strike to protest the fact that their salaries have been delayed, a syndicate announced....

Bulgarian Govt Moves to Subsidize Electric Car Buyers with BGN 5 000

Industry | October 17, 2012, Wednesday | Viewed: 2155
Any legal or natural person in Bulgaria will be entitled to a BGN 5 000 as a subsidy for the purchase of an electric vehicle, according to draft legislation, a National Plan to encourage production and accelerated introduction of new eco vehicles....

Bulgarian Machinery Manufacturers Gear Up for Indian Industrial Expo

Industry | October 17, 2012, Wednesday | Viewed: 2088
Bulgarian machine and food processing industry equipment manufacturers will participate in India's largest international engineering sourcing show opening on March 14-16 in Mumbai....

EC Signals Bid for New 'Industrial Revolution'

Industry | October 11, 2012, Thursday | Viewed: 1029
European Commission Vice-President Antonio Tajani revealed plans for a re-industrialization and moving away from financial and other services across the EU....
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Pope Francis welcomed on Friday an official Bulgarian delegation led by Bulgarian caretaker Prime Minister Marin Raykov on the occasion of May 24, the Day of the Slavic Script and Bulgarian Culture....
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Which party will form Bulgaria’s next government?

· Bulgarian Socialist Party - 69

· Center-right GERB party - 45

· Ethnic Turkish Movement for Rights and Freedoms - 10

· Another political party - 9


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