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News and Articles related to Region North-Central Bulgaria
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Current date: 2013-05-26 05:42
The region North-Central consists of 5 districts: Veliko Turnovo, Gabrovo, Rousse, Razgrad, Silistra.
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Business: ABB Group reorders its organizational structure - merged units in Varna, Sevlievo and Rakovski
City of Sofia >> Tuesday, 2013-02-12 11:09
Source: Construction City
ABB Group has merged its Bulgarian corporate units in order to improve the synergy of the processes and activities, as well as of the functions and policies. This adjustment is also leading to the centralization and optimization of the organizational structure. ABB will now operate in Bulgaria through one company with the head office in the capital Sofia , having offices and branches in five locations. The ABB production units in the country are located in Petrich for low voltage products, in Sevlievo ...
Business: German car parts manufacturer builds new factory in Ruse
City of Rousse >> Friday, 2013-02-01 10:40
" German company dealing with the production of car parts WITTE Automotive intends to build a factory in the city of Ruse ," stated Plamen Stoilov - mayor of city of Ruse . Representatives of the company have already presented their project before the local authorities. It is planned that the factory be located in the industrial zone of the city. The German company has already bought two plots of land and now intends to buy a third one as big as 0.7 ha where the company intends to locate the administra...
Business: SunOpta Inc acquisited a value-added grains handling and processing facility in Silistra
Town of Silistra >> Saturday, 2013-01-12 18:04
SunOpta Inc. has completed the acquisition of a value-added grains handling and processing facility located in Silistra , Bulgaria. The facility is currently a strategic supplier for SunOpta, producing value-added sunflower kernel, oil and related by-products. The acquisition further expands the Company`s global sourcing platform and value-added ingredient capabilities. The facility, operated as the Organic Land Corporation OOD (OLC), was acquired by The Organic Corporation B.V. (TOC), a wholly-owned sub...
Business: Ukrainian company will make buses and trolleybuses in Gabrovo
Town of Gabrovo >> Monday, 2012-12-03 10:45
Source: Capital daily
The management of Ukrainian company Lviv Bus Plant (LAZ) has decided to start making buses and trolleybuses in Bulgaria`s northern city of Gabrovo . The announcement was made Thursday during the official presentation of the production of LAZ in Gabrovo . Vladislav Spektor, Marketing Director of LAZ made clear that the planning of the investment would start at the beginning of 2013 and the concrete business plan would be clear by the end of summer. Spektor further specified that the Gabrovo-based plant w...
Business: Egg carton factory open in Ruse
City of Rousse >> Wednesday, 2012-11-28 18:11
An egg carton factory is to start functioning in Bulgaria`s Danube city of Ruse by January 2013. Тesting process was underway. Тhe Ruse-based factory would be the sole of its kind in the country. Тhe factory would manufacture up to 30 000 egg cartons per day. It would run on wastepaper generated by the other main production line of the company of cardboard cores and cones. 12 new job position will be open.
The egg carton factory in Ruse was built under a project under the Competitiveness Operation...
Business: The ex-primary school in Merdanya becomes a base of Hitachi
Village of Merdanya >> Saturday, 2012-11-17 14:18
The ex-primary school in Merdanya becomes a base of Hitachi. Several months ago the abandoned building was bought by the company SIS 45, which is representative of Hitachi for Bulgaria, Macedonia and Moldova. After an overhaul the building will be used as a center, service and warehouse for servicing of imported from Japan expensive equipment for electronic marking of different goods. About new 20-25 jobs will be created. The building was bought for BGN 125 thousand.
Business: The furniture company Pobeda Veliko Tarnovo prepared for sale
Town of Veliko Turnovo >> Thursday, 2012-11-15 15:10
Emblematic furniture company from Veliko Tarnovo Pobeda got into trouble and is currently its sale is being prepared. Former workers widely sue the company for unpaid wages, and the last case is for salary due from the distant 2009. The decision of Veliko Tarnovo Regional Court is from just a few days ago. Factory Pobeda is pledged in the Bulgarian-American Credit Bank for EUR 287,500. It employs only two dozen people who have difficulty taking salaries. 70-year-old chief Todor Bizhev and the lender n...
Politics: Public consultation about basalt deposit near Varbovka
Village of Varbovka >> Wednesday, 2012-11-14 13:31
These days, public consultation on assessment of environmental impact of the extraction of basalt near the village of Varbovka ( Pavlikeni municipality ) is at hand. There are three potential investors in development of basalt deposit - Basalt Bulgaria, which will yield the raw material in several villages in the region, Path-engineering ( Ruse ) and Petrurgia. Hopes are that production will insure about 50 new jobs. The basalt deposit near Varbovka is one of the biggest ones in the country. Ac...
Business: German company invests EUR 45 million in plant for biogas in Isperih
Town of Isperih >> Wednesday, 2012-11-14 12:16
German company Verbio will invest EUR 45 million in construction of a plant for biogas in Isperih . The company will ensure 40 direct and 200 indirect new jobs. The idea is the German company to use straw, instead of animal waste fertilizers, because the latter raises the cost of investment. Construction is expected to begin in the end of 2012 and to be completed for a year’s time.
Health: US Watson Pharmaceuticals finalized the acquisition of Actavis for EUR 4.25 B
Town of Razgrad >> Monday, 2012-11-05 10:38
Source: Capital daily
Watson Pharmaceuticals, a US generic drugmaker, has finalized the acquisition of Actavis, which is the biggest producer of medications in Bulgaria. The deal price has been set at EUR 4.25 B. The acquisition creates the world`s third largest generic pharmaceutical company, with anticipated pro forma combined 2012 revenues in excess of USD 8 B. The two companies will join forces under the new global name - Actavis- next year. Watson Pharmaceuticals is focused on developing, manufacturing and distribu...                    >>
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- Shumen-based Carlsberg brewery starts again after temporary winter break
- Colossal project for extraction and processing of gold containing ores near Breznik
- Shumen municipality may terminate contarct with Israeli company for heating utility Toplofikatsia Shumen EAD
- Bulgarian ski resort operator Pamporovo raises its capital to BGN 1.61 million
- BG Parliament accepted the resignation of Prime Minister Boyko Borisov and his Cabinet
- SMS alert service notifies for any change in ownership of own property in the National Land Registry
- Vinprom Peshtera JSC is amomg the largest taxpayers in Bulgaria
- The government terminated concession contract for the sea beach Shkorpilovtsi - north
- The average monthly salary in Bulgaria - near EUR 415 for December 2013
- ABB Group reorders its organizational structure - merged units in Varna, Sevlievo and Rakovski
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