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The total investment in this project is estimated at approximately EUR 40 million, of which, approximately EUR 15 million are provided from European funds, through the Connecting Europe Facility (CEF), almost EUR 5 million of the total amount represent bank credit from the Banca Comerciala Romana, the rest of the financing being provided from own sources

Project 3 Mobility is developing a new urban mobility ecosystem that will significantly improve mobility patterns and transportation systems in urban areas

With the proceeds of the loan Enerjisa will modernise its electricity distribution network with efficient equipment and smart-grid applications and expand its EV charging infrastructure

In a special interview for the magazine arch. Stanislavov comments the current technology trends in the automotive sector and the role of Bulgaria-based electronic component manufacturers for the regional and global automotive industry

The 30 000 m2 production facility will be housed on the current site of the Star Assembly factory, in the central Romanian city of Sebes

Currently, and in the years to come, the provisions for reducing CO2 emissions will lead to an increase in electric mobility of 10% by 2025. A key player in this technological transition is the electronics manufacturing industry

Plans are to shut down all lignite-fuelled power plants in Greece by 2025 and interconnect the majority of Greece`s islands to the mainland grid. This will allow for phasing out the polluting autonomous diesel-powered generation units. All these measures are directed towards decarbonising energy production, upscaling energy efficiency and enlarging the share of renewable energy sources

The innovative L CITY model features built-in photovoltaic panels, which recover up to 20% of the battery capacity on a sunny day, so that the electric truck can run 250 – 300 km

The activities of the major part of the companies operating in Bulgaria are directed towards the manufacturing of cable harnesses for the automotive industry with main clients such as Volkswagen Group, Renault, Ford, Daimler and others

The German company plans to invest over 180 million euros in a plant that will manufacture power steering motors, electric oil pumps and cooling fan motors in Pancevo