News

JLP launched new production in Industrial and Logistic Park – Burgas
The Bulgarian bread and bakery products manufacturing company JLP invested about 5 million leva (EUR 2,56 mln.) in a new and modern production base. It is situated in the Industrial and Logistic Park - Burgas. The official inauguration of the plant was held earlier this year in May. ... more
Gerresheimer invests in its first SEE factory
The German company Gerresheimer announced its plans to build a new factory in North Macedonia. The construction process starting in the first half of this year is set to be completed in 2020, with production starting in the second half of next year. ... more
Chinese Minth Automotive will manufacture aluminum parts in Loznica
In the beginning of April 2019 the Chinese manufacturer Minth Automotive Europe started the construction of a production plant for aluminum car parts in Loznica, western Serbia. The facility will create about 1000 new jobs and will be built in two phases. The company is investing 100 million euro in the new manufacturing unit, the Development Agency of Serbia (RAS) reported. ... more
A Nis conference focused on free zones in the fourth industrial revolution
The ways of adjusting the free industrial zones in accordance with the requirements of the fourth industrial revolution was one of the leading topics during the XXIV International Scientific Conference “Regional Development and Demographic Flows of the Countries of South-East Europe”, which took place on June 21 2019, at the Faculty of Economics of the University of Nis. ... more
Continental Romania gets its Timisoara plant ready for Industry 4.0
The Automotive parts supplier Continental Romania is investing 1,9 million euro in the implementation of a fully automated storage system at its electronic components plant in Timisoara, local media reported. ... more
Sogefi Group plans to invest in a new Balkan manufacturing facility
Sogefi Group is building a second manufacturing plant in Romania, the country’s Investment Agency announced. The Greenfield project worth EUR 50 million is planned to be implemented in the next 8 years. The facility will manufacture suspension components. ... more
MD Elektronik expands its production in Bulgaria
MD Elektronik announced its plans to establish a new location in Vratsa, Bulgaria. The automotive supplier intends to build a production plant near Sofia, the capital of Bulgaria, where data cables and electronic components for numerous car manufacturers and system suppliers will be manufactured. ... more
South Korean company Yura plans a manufacturing facility in Albania
The South Korean Yura Corporation is going to build a modern manufacturing plant in the Albanian city of Fier, the country’s Investment Agency announced. The initial investment in the facility amounts to EUR 6,5 mln. With this step the company is finally entering the Albanian market after planning it for years. Yura intends to develop an area with a total surface of 4,9 hectares known as the pipe basis in Zhupan, Fier, which was designated in 2018 as a priority ... more
Daimler opened a new gearbox production line in Romania
The global automotive corporation Daimler started operating a new production line in the Romanian city of Sebes. The line is located at its local subsidiary Star Assembly which now produces 8G Double Clutch gearboxes for Mercedes-Benz cars. The investment in the manufacturing expansion worth EUR 250 million is planned to create a total of 500 new job positions in the facility. ... more
PepsiCo launched its sixth production site in Turkey
The US food and beverage manufacturing company PepsiCo officially inaugurated its sixth production facility in Turkey in January. The plant is located in the Manisa province. The project worth an investment of USD 150 million was given a start in 2014. ... more
German company Boysen to build a 65 million euro plant in Subotica
The German producer of exhaust systems for the car industry Boysen plans to invest EUR 65 million in a production plant in Subotica, North Serbia. The facility will be located in the Mali Bajmok Industrial Zone and will cover an area of 35 000 m2. The investment is projected to create over 500 new jobs over the next five years. ... more
The new vehicles are provided via a loan by the European Bank for Reconstruction and Development and the Green Energy Special Fund (GESF). ... more
EBRD provides a EUR 5 million to a Romanian mobility provider Autonom Services
A loan agreement between the European bank for reconstruction and development (EBRD) and Autonom Services S.A. was signed in Bucharest. ... more
Groundbreaking ceremony for German car cable supplier Leoni in Pleven, Bulgaria
Leoni has announced plans to invest of EUR 32 million and provide 2000 jobs in the region. ... more
Latecoere Group opens a new manufacturing factory in Bulgaria
The opening ceremony on September 12 was attended by Latecoere’s Chief Executive Officer Yannik Asuad and Bulgarian Prime Minister Boyko Borissov. ... more

LATEST issue 2/2019

issue 2-2019

ALL ARTICLES | ARCHIVE

INTERVIEW
Schneider Electric, Radoslav Koshkov: We are planning interesting new implementations in a broad range of industries

Schneider Electric, Radoslav Koshkov: We are planning interesting new implementations in a broad range of industries

From the new Regional Manager of Schneider Electric for Bulgaria, Albania, Macedonia and Kosovo, our readers will learn details about the development plans of the company in the region ... more
TMBA, Jui-Hsiung Yan: Taiwanese machine tools are highly prized on the European market

TMBA, Jui-Hsiung Yan: Taiwanese machine tools are highly prized on the European market

Exclusively in the new issue the Chairman of the Taiwan Machine Tool & Accessory Builders` Association shares an interesting insight into the trade partnership between Europe and the Taiwanese manufacturers ... more

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