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

Turkish company eyes Plovdiv for diamond manufacture

Photo: Pixabay

A Turkish company, which manufactures diamonds in laboratory conditions by recreating the natural process of creation of single crystal diamonds, is considering making an investment in Bulgaria. Though it has not settled on a location, it is looking at the city of Plovdiv. The decision is expected to be made by the end of the year. The Bulgarian Investment Agency says the successful implementation of the project will create approximately 100 new jobs. Laboratory diamonds are used in jewellery, but also in a number of industries, such as chip manufacture, quantum sensors, optics and detectors for high-tech sectors.  

Compiled by Yoan Kolev

Translated and posted by Milena Daynova



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

Dobrin Ivanov

Employers want the Supreme Administrative Court to freeze the minimum wage

Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...

published on 11/5/24 11:41 AM

Jesus Caballero grabs Manager of the Year Award for 2024

If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...

published on 11/5/24 9:54 AM

The Institute for Market Economics calls for budget deficit below 3%

We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR.  In presenting the institute's alternative state budget, the..

published on 11/4/24 11:27 AM