Bulgaria approves new investment projects worth EUR 38 million

regional today

Thursday, 09/29/2022, 12:20 p.m

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Bulgaria gave the green light to four new investment projects totaling over BGN 75 million (EUR 38.3 million), which will create 416 jobs, the Innovation Ministry said.

Investments approved by government agency InvestBulgaria include a BGN 38 million project to build an electric bike factory in Bulgaria’s second-largest city of Plovdiv, adding 330 jobs, the ministry said.

The other investments include BGN 10 million for the construction of a medical and spa complex in Strelcha, south-central Bulgaria, which will create over 75 jobs; BGN 4 million for a logistics base for warehousing and keeping foreign cargo near Sofia and over BGN 23 million for the construction of a beverage can production line, building and additional equipment in Blagoevgrad, southwestern Bulgaria.

The facility will be built by Carlsberg Bulgaria, a ministry spokesman told SeeNews.

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