The Romanian producer of canned foods Prefera Foods intends to expand its business by entering the international market in Europe and the United States. To implement its plans, the company managed to raise funds in the amount of 5 million euro in private bonds.
The governments of North Macedonia and Greece had signed an agreement to construct a cross-border natural gas interconnector. The contract is worth a total of 100 million euro.
Europe’s first producer of nitrile gloves will start operations in Plovdiv, Bulgaria. This was announced at an official ceremony at which the company received a class “A” investor certificate. The funds invested in the project exceed BGN 10 million.
The German startup Next.e.GO plans to invest 140 million euro in the production of electric cars at “Balkan” plant’s base near Lovech. It is planned not only to assemble the carts in the factory, but to have a production with a higher added value.
From 2022 the unmanned aerial vehicles of the Bulgarian company Drоnаmісѕ will be used by the leading logistics company Hellmann for deliveries of vital goods in Europe. The aim is to bypass the excessively long supply chains.
The Romanian producer of mineral water plans an investment of about 10 million euro over the next two and a half years. It will include land purchase for increasing production and storage capacity, development of new water sources, as well as purchase of equipment.
The Bulgarian pharmaceutical company is investing 42 million dollars for the expansion of its factory in the town of Dupnitsa. The goal is to significantly increase production, reaching numbers of over 800 million pills per year.
The new office for research and development is located in the city of Timisoara. This year, the company plans to hire about 50 people and its medium-term goal is to expand the team to 200 professionals.
The project will ensure operational compatibility of the infrastructure, equipment, management systems, exploitation and safety, as well as a connection to the European railway networks by applying uniform standards in accordance with the Trans-European Transport Network’s requirements.
The funds will be put into closing the zone for the loading of flour transport tanks, changing the sieves in the mill, as well as opening a large demonstration baking center.