Industry Insights
The Bulgarian municipality of Stara Zagora, through its Investment, Energy Efficiency, and Green Transition department, is spearheading a project focused on enhancing entrepreneurship, innovation, and digitalisation (PID) within the region. This initiative is funded by the European Union under the Technical Support Instrument. The primary objective of the project…
Digitisation and the energy transition continued to define the top-10 recipient sectors of foreign direct investment (FDI) in the first half of 2024, according to preliminary data from greenfield investment monitor fDi Markets, but there are early signs that capital pledges in strategic industries such as batteries have tapered off. Between January…
This is the largest investment in the Industrial Zone, the shareholders of which are "National Company of Industrial Zones" EAD and the Municipality of Stara Zagora. The Government approved a Memorandum of Understanding between the Government of the Republic of Bulgaria and "Smart Solar Technologies" AD for the implementation of…
Global capital pledges were strong last year despite higher interest rates, inflation and a challenging geopolitical backdrop. More than $1.33 trillion in greenfield foreign direct investment (FDI) was announced by companies worldwide in 2023, up nearly 4 percent from the previous year, according to fDi Markets. However, fewer FDI…
The delegation visited Stara Zagora at the invitation of the mayor - Zhivko Todorov. It was also attended by Radoslav Tanev, executive director of "Industrial Zone Zagore" JSC, Rositsa Raykova, head of the "Investment, Energy Efficiency and Green Transition" department. "Our main priority is the creation of opportunities for…
Stara Zagora Municipality started its participation in the project "TEXAD - Improvement of circular solutions for textile waste for European municipalities", financed by the Interreg Europe program. The project aims to improve the policy instruments of European municipalities, by strengthening the management of textile waste and bringing it into line…
"The successful ranking of the project for the construction of the infrastructure of the Industrial Zone "Elenino" is to a large extent entirely the merit of the mayor of the Municipality of Stara Zagora, Zhivko Todorov - thanks to the organization, the team, the desire of the municipality."…
The Association of Innovations, Business Services and Technologies (AIBEST), together with Infragistics and Scalefocus, organizes a free summer technical academy in Stara Zagora. The educational initiative is aimed at 10th and 11th grade students and will take place from July 9 to 30. Another contribution from the innovative business…
DZU AD expanded its portfolio with a new product - electronic boards for the automotive industry. The investment is worth EUR 8.9 million. Completely renovated and modernly equipped is a new production premises of 7 acres. "Let me, on behalf of the mayor, Mr. Zhivko Todorov, congratulate you on…
