Bulgaria Hit by Torrential Rains: Petrich and Sandanski Declare States of Emergency
Heavy rainfall has caused serious disruption across the Sandanski and Petrich regions, prompting both municipalities to declare a state of emergency
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The industrial giant ABB opens its newest plant in Bulgaria on September 17th. The new facility is the company's second investment in Petrich and the fifth manufacturing facility in the country, Automotive Cluster Bulgaria reports.
In the factory, located on 7400 sq.m. area, low voltage products will be manufactured and delivered to the company’s plants in Germany and Switzerland. The investment is worth about BGN 7 million. The facility, which is located next to the city's first base, will employ 420 people when full speed starts.
The facility will include a production hall with an area of 3,500 square meters, an administrative part with an area of 1,500 square meters, as well as 2,400 square meters areas for logistics and dispatch for the distribution of manufactured articles. It will perform activities such as welding, pre-assembly, final assembly and testing, divided into manual and semi-automated operations.
ABB also has two plants in Rakovski and a production unit in Sevlievo. ABB has a development centre for step-up regulators for transformers in Sofia.
The U.S. Department of State, the University of National and World Economy (UNWE), and Bulgarian Energy Holding (BEH) yesterday concluded two seminars on stakeholder engagement and industrial applications of small modular reactors (SMRs)
The Bulgarian government has approved an additional €25 million in revolving credit for Bulgarian Posts EAD to support the ongoing exchange of levs into euros at post offices
The Bulgarian National Bank (BNB) has updated its GDP growth forecast for Bulgaria for the 2025–2027 period, showing a more optimistic outlook than its June 2025 projections.
The National Revenue Agency (NRA) has continued monitoring commercial establishments and service providers across Bulgaria following the country’s switch to the euro
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