ABB in Bulgaria received the 2010 Award for German Economy in Bulgaria

ABB in Bulgaria was awarded the prize “The 2010 Award for German Economy in Bulgaria’ by the German-Bulgarian Chamber, as a recognition for ABB Automation, the Group’s most recent production unit located in the Plovdiv area. ABB was the winner in its category of companies’ members of the Chamber, large enterprises. The annual awards are granted to companies and institutions which helped the development of the economic ties between Bulgaria and Germany. The award was received by Tomas Nagy, CFO of ABB Bulgaria Ltd. ABB Automation represents a USD 20 million Greenfield investment of the ABB Group in Bulgaria, the production unit being located in the industrial zone of Rakovsky. The factory is built on a total area of 35,000 sq. m, covering about 20,000 sq. m of production and creating only in 2010, around 309 new working places in the region.ABB received the prize - consisting of the ,,SLAVA” statuette designed by Alexander Proinov and a diploma within a ceremony that took place in Sofia on January 27, 2011, in the presence of high officials such as H.E. the Ambassador of Federal Republic Germany – Mr. Mathias Hopfner and Mr. Helge Tolksdorf – Federal Ministry of Economy and Technology. The annual Awards of the German-Bulgarian Chamber are defined based on an on-line voting procedure among its around 450 members. The prize is adjudged to companies and institutions for projects or activities supporting the business ties between Bulgaria and Germany.