Business
European Commission approves EUR 99,5 million aid in support of Nokian Tyres` new Romanian plant
03.09.2024
The factory will concentrate on the production of larger rim size passenger and SUV tyres that will be primarily sold in the Central European market ... more
The investment will cover a new air separation unit (ASU) in Bulgaria and the modernization of four existing units in Germany. ... more
On 1700 square meters Huf has installed top equipment to test and validate products like car door handles but also classical, smart and digital car keys for the automotive industry ... more
This represents an investment in the multimetal producer’s core business and another step towards decarbonizing production, both elements of the company strategy ... more
The investments will allow STARCO to improve the carbon footprint of many products produced in the factory through greater energy efficiency, use of renewable energy and reduced steel content in the products ... more
Nestle will use renewable energy from hydroelectric power plants in the new factory, will produce no municipal waste and will treat all wastewater on-site in its own wastewater treatment plant ... more
EIB Global to provide EUR 36 million for construction of wind farm in Bosnia and Herzegovina
18.03.2024
Aligned with national strategies for renewable energy, the plant includes up to 18 wind turbines and their connection to the national energy grid and is expected to produce 115 GWh/year of electricity ... more
Following an exploration and development investment of USD 250 million, Adriatic Metals produced the first silver/lead concentrate and zinc concentrate from the newly constructed Vares Processing Plant on 27 February 2024. The Rupice Mine, from which the ore is sourced, commenced mining in July 2023 ... more
N4 assumes the construction of wind farms with a total capacity of up to 685,6 MW, located in the Tulcea County, Dobrogea region, by the Black Sea ... more
The increase in research and development capacities and their integration with production and quality in one location will strengthen JGL’s position in the development and production of advanced, innovative products within three strategic therapeutic areas – flu and cold, ophthalmology and dermatology ... more
The new factory is expected to become a hub of employment, set to provide opportunities for over 100 skilled machine operators and specialists ... more
The SMEs will be entitled to receive 10% grants for investments that are completed successfully in renewables or combined energy efficiency and renewable energy projects or 5%grants for projects involving technologies that are exclusively energy efficient ... more
An International Press Conference and Panel Discussion featuring prominent figures discussed how Taiwan´s smart machinery is driving the world, with a focus on sustainable development and innovative applications. International media from various countries participated in the event, including SEEIM journalists ... more
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 ... more
Young entrepreneurs will gain access to finance and overcome the barriers created by insufficient collateral, limited credit history and lack of business experience ... more
LATEST issue 3/2024
COMPANY ARTICLES
TOP INTERVIEWS
The CEO and Member of the Board of Directors of Automotive Cluster Bulgaria looks back to this year`s edition of ACB`s largest event and discusses the future of the sector ... more
AVERE, Raphaеl Hеliot: Smart charging is poised to increase tremendously in the coming years
"While the EU has laid the groundwork for advanced EV charging technologies and V2X capabilities, continued collaboration among stakeholders and further regulatory adjustments, supported by initiatives like SCALE and FLOW, ... more
"Attendees can expect a diverse range of exhibitors, and a comprehensive conference program featuring leading experts", says the General Manager of Inter Expo Center, Official Representative of Messe Frankfurt for Bulgaria
... more
Omron Electronics’ Account Manager Distribution Southeast Europe talks about the perspectives of the region’s market ... more