INVESTMENT NEWS

Manufacturer of aluminum profiles creates two new companies

Etem Bulgaria will separate the production of extruded aluminum profiles and their further processing in two separate subsidiaries. The decision was taken by Belgian Viohalco, the owner of Etem. The two new ventures will be joined by Gestamp, a leading global group specializing in the design, development and production of metal components and systems for the automotive industry. The investment program over the next three years envisages the realization of approximately EUR 30 million for the installation of a new extrusion press and equipment for additional aluminum profiles processing in Bulgaria. "The agreement will strengthen the position of Etem Bulgaria in the automotive sector and will prove that the company can successfully meet the increased demand for aluminum products following the new developments of the automotive industry," the company said. Regulatory approval pending.

NEWS FROM BCCI

Development of the bilateral commercial ties with Georgia

Meeting with the new Georgian Ambassador H.E. Mrs. Tamuna Liluashvili Още

Business Council Bulgaria – Pakistan will promote business contacts between the two countries

With the assistance of BCCI and the Federation of Pakistan Chambers of Commerce and Industry Още

Chinese delegation from the Shaanxi province visited BCCI

Bulgarian companies are invited to take part in the Silk Road international exhibition in May Още

Skopje hosted a Bulgarian – Macedonian Business Forum

Bulgaria’s exports to Macedonia have increased almost twice in the last 10 years Още

Meeting with the newly-appointed Bulgarian Ambassador to Croatia

To discuss possibilities for development of the bilateral trade and economic relations Още

Establishment of a joint Bulgarian – Moroccan business organization

Morocco has an interest in importing foods, textiles, furniture, machinery and equipment Още

BULGARIAN ECONOMY

Annual Inflation in Bulgaria in December at 2.7%

Inflation slows down compared to November Още

Bulgaria marks a significant increase of the agrarian export

Traditionally, in the foreign trade with agricultural products, Bulgaria achieves a positive balance Още

INVESTMENT NEWS

Manufacturer of aluminum profiles creates two new companies

And invests EUR 30 million in Bulgaria Още

Bosch will develop automotive software at a new center in Sofia

The hiring of employees for it has already begun Още

BULGARIA IN EU

Rossen Zhelyazkov and Antonio Tajani discussed the upcoming steps in the Mobility Package I

Only one of the Mobility Package I reports was received last week in the EP Transport and Tourism Committee Още