Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

E-bike factory near Plovdiv to create 1,000 new jobs

Photo: move.bg-archive

A new e-bike factory near the town of Plovdiv will create 1,000 new jobs, it became clear during the visit of caretaker Minister of Innovation and Growth Alexander Pulev to the production facility of e leading e-bike company. 

The Bulgarian company is one of the largest bicycle manufacturers in Europe with an annual production capacity of over 400,000 biclycles. The company’s owner Maxim Mitkov and Minister Pulev discussed the construction of the factory, which will be located in Trakia Economic Zone near the village of Radinovo. The new factory will be a joint venture between the Bulgarian company and an Austrian manufacturer. Their investment will amount to 120 million BGN (EUR 61.3 million). The production of electric bikes is expected to start in 2024.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ilhan Kyuchuk

Talks with GERB on the formation of a government are possible, Ilhan Kyuchuk of the Alliance for Rights and Freedoms says

“We are going to take part in talks with GERB, but if they intend to get Delyan Peevski in through the front door we’re out,” said MEP Ilhan Kyuchuk from the Alliance for Rights and Freedoms, chair of the European Parliament's Committee on Legal..

published on 10/30/24 11:25 AM
Ivelin Mihaylov

Velichie party threatens to organize huge resistance against election results

“We do not have an answer, as yet, from any political party, to the proposal for a cordon sanitaire around the Movement for Rights and Freedoms-New Beginning in the 51 st National Assembly,” said Kiril Petkov, co-chair of We Continue the Change in..

published on 10/30/24 11:02 AM

Inflation has led to higher turnover and a demand for new 100 and 50-Leva bills

During the first 9 months of 2024, the Bulgarian National Bank has put an additional 11 million 100-Leva banknotes into circulation in the country. At the beginning of the year, there were more than 131 million 100-Leva bills in circulation..

published on 10/30/24 8:49 AM