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Nine out of ten automobiles in Europe contain parts that were manufactured in Bulgaria. 80% of all the sensors in European cars were also produced in the country. The automotive parts manufacturing is one of the fastest developing sectors in Bulgaria today, growing with around 8% per annum. There are more than 270 companies in the industry, many of which producing components for global automotive brands

Strategies for the deployment of specific technologies, such as hydrogen or CCS, can further support R&D, funding, and infrastructure for deploying these capital-intensive solutions

Turkiye has the potential to both produce and become a technology developer for hydrogen, which is in the process of becoming widespread in many sectors around the world, in the short, medium and long term, states the document

The investment is aimed at reducing CO2 emissions and meeting the criteria for sustainable production

In an effort to show a responsible approach to environmental protection but also to the circular economy and green transition Serbia has already closed the old landfill Vinca near its capital Belgrade and opened a landfill for disposal and recycling of construction waste

Construction of the facility is scheduled to start in the third quarter of 2022, with a view to launching operations in 2024. The new plant is expected to create more than 180 jobs

Having strong traditions in the manufacture and trade of metalworking machines, Bulgaria and Turkey today are facing the challenge to restore the stability of their domestic machine tool markets and develop new strategies for the foreign ones in order to return to their pre-pandemic economic sustainability. The first positive results of the targeted efforts of the industry are already visible

TeraPlast has received the second and last notice of approval needed for the transaction to be closed from the Commission for Protection of Competition in Serbia, it said in a statement filed with the Bucharest Stock Exchange, BVB

According to a report by the Turkish Ministry of trade, over the last five years the average annual growth rate of the packaging industry in the country has been 6%, and it is expected to remain the same in the coming years

The investments enabled the company to increase its productivity, replace old technology with environmentally friendly one and enhance quality, as well as improve health and safety standards

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Turnkey Solutions “Electro & Automation”

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Turnkey Solutions “Electro & Automation”

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