Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgarian-Italian Consortium "Ansa Borima" intends to open 200 new jobs in Lovech, becomes clear during a meeting between mayor Kornelia Marinova and Martin Ganev, a partner in the company.
The company will rent the premises in the Northern Industrial Zone, where the operations of the Portuguese company Vesticonfex Internationale, which produced garments, took place years ago. "Ansa Borima", a consortium between the Bulgarian "Borima" and the Italian "Ansa Compositi", has a long history in the production of telecommunication equipment, components and parts for the electrical and other industries, the production is exported to a number of countries.
Currently they have bases in the village of Borima and the town of Iskar, Pleven. It works with the largest companies in the industry and is a preferred supplier of Schneider Electric and ABB, which are giant companies, the press office of the municipality of Lovech said.
There are two Italian factories and two Bulgarian companies in the Italian-Bulgarian group. In 2016 "Ansa Borima" was declared the fourth fastest growing company in Bulgaria in the "Electrical Engineering" sector. The news for the new investor comes after the German automotive concern VOSS Automotive, which in six months reveals 1,000 jobs at the Bahovitsa plant, has recently been reported. With these investments, the percentage of unemployed people in the municipality will decrease significantly, and we will return some workers who are now traveling to neighboring towns, the mayor of Lovech said.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022