Economy of Plovdiv

The construction of BGN 40 million production plant for aluminum profiles, the largest on the Balkans, has started in Trakia Economic Zone. Minister of Economy Lachezar Borisov presented a Class A investment certificate to Zdravko Linkin, chairman of the board of directors of Interlink Group AD.

Bulgarian Digital Economy and Digital Society Commissioner Mariya Gabriel to open Digital Technology Week - Bulgarian Digital Week. BDW will hold the 75th edition of the International Technical Fair in Plovdiv from September 23 to September 28.

Russia will be a partner country of the International Technical Fair. A formal confirmation from the Russian government was received at the International Fair Plovdiv, which is the organizer of the business forum, reported Econ.bg

Minister of Economy Emil Karanikol awarded a Class A investment certificate under the Investment Promotion Act to a foreign company that will invest BGN 10 million in a plant for mechanical engineering near Plovdiv, reports Darik. 

The funds are for the acquisition of new tangible fixed and intangible assets. It is expected that 100 new employees will be recruited.

The centre of Plovdiv will be closed to traffic on January 12 for the official opening of the city's status as European Capital of Culture. Only 7 bus lines will run in the city, with the Monday - Friday schedule, reports BNT. 

Central and local authorities provide substantial cooperation to Trakia Economic Zone (TEZ), the industrial zone conglomerate near Plovdiv, Plamen Panchev, founder of TEZ and head of Cluster TEZ, has told Novinite.

Mr Panchev is among the nominees in our annual Personality in the News poll where voting will continue until February 20.

The Trakia Economic Zone in the Plovdiv region of south-central Bulgaria is launching a campaign to attract workers in order to fill in around 5,000 vacancies, representatives of the businesses involved and the municipal authorities announced on Tuesday.

Investors from the Chinese city of Shenzhen are willing to erect a new "economic city" near Plovdiv in Bulgaria, daily 24 Chasa reports.

Bulgaria's Economy Minister Bozhidar Lukarski is set to turn the first sod on a new procution facilitiy for ligthbulb manufacturer OSRAM on Tuesday, his ministry says.

The cluster will be located within the Trakia Economic Zone of Plovdiv, the country's second-largest city.

OSRAM is to invest in it some BGN 45 M (EUR 23 M) and to employ 900 people after it is opened in 2017.

And IT and outsourcing boom is helping Bulgaria's second-largest city Plovdiv regain part of its former cultural and economic prominence, the FT reports in an article about Bulgaria.