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Investment projects in Bulgaria for BGN 800 million to be launched


At present, projects with a total value of about BGN 800 million have been registered in the Invest Bulgaria  Agency and are preparing to start. This was announced by Deputy Minister of Economy Aleksandar Manolev during the opening of the first plant of the technological giant "OSRAM" in Bulgaria. The event was attended by the Deputy Prime Minister Tomislav Donchev, the Mayor of Plovdiv Ivan Totev and the Executive Director of the Invest Bulgaria Agency Stamen Yanev.

The German company's investment is about BGN 50 million, and it creates 900 jobs, it became clear during the event. "We see positive signals from a number of other companies," said Alexander Manolev. According to him, 23 projects with a total value of about BGN 300 million have been certified since the beginning of the year, which envisage the opening of 5000 jobs. "Moreover, at present, projects worth a total of about BGN 800 million have been invested in the  Invest  Bulgaria  Agency and are preparing to start," he added.

OSRAM GmbH, based in Munich, is the world's second-largest manufacturer of light sources with 110 years of history.

The investment project includes the construction of a plant in Bulgaria near Plovdiv to produce electronic ballasts, drivers and LED modules. The Bulgarian plant is part of OSRAM GmbH's Digital Systems business unit, which is responsible for the development, production and sales of electronic lighting components.