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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

As a member of the EU, Greece intends to use the Chips Act to further reinforce its competitive edge and establish itself as a global hub for microcircuit design, despite the fact that the country`s ecosystem of microcircuit businesses is relatively small and virtually entirely focused on chip design