Bozhurishte

Property in Plovdiv will be contributed to the capital of "National Company Industrial Zone". The government has given its consent to an uncontracted land of 28.8 decares on 66 Peshtersko shose Blvd. in Plovdiv to be paid as a non-cash contribution to the capital of the NCIP.

From July 17th to July 21st CEZ Distribution will carry out repairs and renovation of its systems in Sofia-region.

Activities related to the removal or recycling of electrical switchboards, repair of facilities on medium and low voltage electrical networks, customer connection, pruning, switchgear prevention and others are foreseen.

An US company will invest more than BGN 9 M in the construction of a plant for the production of airplane components for the leading aircraft manufacturers.

The plant of 2000 square metres will be located near Sofia airport and will produce parts for the control of the fuel system, as well as components for the wings and tail.

The Danish retail chain JYSK will invest up to EUR 100 M in the Sofia-Bozhurishte Economic Zone located on the outskirts of the Bulgarian capital.

At its regular meeting on Wednesday, the Bulgarian government approved the sale of a property in the economic zone owned by National Company Industrial Zones to JYSK.

The Germany-based market leader in packaging solutions Multivac is ready to invest EUR 15M into the construction of a new production facility in Bulgaria, the Economy Ministry in Sofia has announced.

We are very proud of the exceptional dynamics in the economic relations between Bulgaria and Germany, as in the past ten years, the trade exchange has increased seven times.

The statement was made by Bulgarian president Rosen Plevneliev at the opening of an industrial site for air-conditioning installations. The investment was executed by a Germany company and is worth over BGN 40 M.

Economy Minister Bozhidar Lukarski announced that Bulgaria expected to attract investors from the US and China in 2015 and not only from Western Europe.

Bulgaria's Economy Ministry mulls increasing the lower threshold for VAT registration from BGN 50 000 to BGN 200 000 in a bid to curb the informal sector, according to Economy Minister Bozhidar Lukarski.

Bulgaria will have a new museum of aviation on the territory of the Bozhurishte airport.

The agreement was signed Monday by Vasil Vasilev, Deputy Minister of Culture, and the owner of the terrain, an Italian consortium, according to reports of the Bulgarian National Radio.

Investments of BGN 153 M will go to the industrial zones near Bozhurishte, Telish, and Burgas in the next few years, according to the CEO of National Company Industrial Zones EAD.

Speaking at a press conference on Thursday, Atanas Nenov noted that the figure had been calculated on the basis of contracts signed with investors in 2013 and the beginning of 2014.