Aurubis

"Despite the pandemic, investments in Bulgaria not only do not shrink, but are even growing. We have very well-qualified workers, we have highway, rail, energy infrastructure, we also boast the lowest tax rates in Europe. This stability leads to an increase in GDP and hence people's incomes in all sectors."

The Aurubis Bulgaria copper industry, which is one of the largest revenue companies in Bulgaria, plans to distribute dividends to its shareholders for a total of BGN 202.3 million in 2018.

This is clear from a call for a general meeting of shareholders in the company to be held on June 12.

The metallurgical industry generated a sum of BGN 9.6 billion in the gross domestic product (GDP) of the country and contributed to 15.4% of total Bulgarian exports last year, according to data presented by the companies in the sector during the celebration on Metallurgy Day, reports Money.bg

The third largest company in revenue in Bulgaria - Bulgaria based Aurubis, in the copper industry, plans to invest 260 million leva in its business in the country over the next four years. These funds will be used to modernize the infrastructure at the company's plant in Pirdop. This is what the CEO Tim Kurth said in an interview with "24 Hours".

17 Bulgarian companies rank among the 500 largest companies in Central and Eastern Europe in 2017. Compared to last year, their number decreased by one, and "Energo-Pro Varna" is the company that debuted for the first time in the Coface ranking.

Lukoil Neftochim Burgas, the largest crude oil refinery in Southeastern Europe and the largest industrial enterprise in Bulgaria, retained its third position in the latest annual ranking of SeeNews released on Tuesday.

The company which specialises in the production of fuel, petrochemicals and polymers retained its ranking from 2013.

An investment package of nearly EUR 150 M into the Bulgarian economy is being considered by leading copper producer Aurubis, the company's CEO Tim Kurt has said.

At a press conference, Kurt and the company's Secretary General Georgi Nikolov warned of a number of challenges that Bulgaria's business environment poses to businesses, such as the administrative burden.

Devnya Cement has won the Investor of the Year award for 2014 of the InvestBulgaria Agency.

The official award ceremony was held Wednesday at Sofia Hotel Balkan.

The organizers of the event handed out awards for the most significant investment projects implemented in 2014 in Bulgaria.
The annual award ceremony was held for the ninth consecutive year.

Germany's leading copper producer Aurubis is planning to invest EUR 75 M in its plan in the town of Pirdop, Aurubis Bulgaria CEO Tim Kurt has announced.

About EUR 25 M of the money is earmarked for 2015, specialized outlets writing about the metal industry quote him as saying.

Another EUR 50 M will be set aside for a renovation program in 2016.