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

Austrian company expands winter sports hardware production with new plant in Asenovgrad

Photo: pixabay

One of the largest Austrian ski equipment manufacturers in the world, based in the ski resort of Chepelare, will build a new plant in the nearby town of Asenovgrad, Bulgaria. Production is expected to start by the end of 2023. According to managing director Ivaylo Petrov, Bulgaria produces about 30% of the world's skis. According to Eurostat data for 2021, the country is the third largest exporter of ski and snowboard equipment in the EU, with Austria and France ahead of it.

On the other hand, a serious problem for the development of enterprises in Bulgaria is the lack of qualified workforce. The company is already looking for the people it needs for its new production centre.



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

Low debt, Euro aspiration and EU membership are the positive factors in Moody's assessment of Bulgaria

Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..

published on 7/30/24 12:30 PM

The state will continue to provide compensation to businesses over the price of electricity

Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..

published on 7/26/24 3:13 PM

Bulgarians keep more than 75 billion euros in banks, money sent by emigrants is also growing

Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..

published on 7/25/24 9:45 AM