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Economy Minister grants investment certificates to two high-tech companies in Bulgaria

published on 8/5/21 3:08 PM

Kiril Petkov, caretaker economy minister (left)

Photo: BGNES

A Bulgarian company for the development of space nanotechnology and a company for manufacturing of electric cars have received investment certificates. The certificates were granted by Bulgaria's caretaker economy minister Kiril Petkov. The two companies have invested a total of 142 million euro in their operation in Bulgaria.

The export-oriented companies make the real added value in the Bulgarian economy and are the way to the improvement of the standard of living in the country, Petkov said.

29 new jobs will be created by the company investing in a space laboratory where nanocarriers will be developed.

An additional 1,000 jobs will be opened in Bulgaria's town of Lovech where electric cars will be produced, explained Lyubomir Stanislavov of the Automotive Cluster in Bulgaria.

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Radio Bulgaria Economy electric cars investment certificate Kiril Petkov nanotechnology

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