One of the largest companies in the automotive industry – Behr-Hella Thermocontrol (BHTC) has invested 16.2 million euros to expand its plant in Bulgaria, located in the economic zone of Bozhurishte. Thus, production in the company may double. With the creation of 250 new jobs, the number of employees will exceed 700 people. After expanding the plant, it will be able to produce 150,000 units a week and over 7 million a year. Together with the production base in Bozhurishte, in 2015 the company also opened a development center for the production of panels for the management of car air conditioning systems, and among the major clients are companies like Audi, BMW, Bentley, Daimler, Ford, Renault, Volvo and others.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
Mostly Cloudy
Partly Cloudy
Cloudy
Partly cloudy, chance of rain