INVESTMENT NEWS
French Montupet increases production in Bulgaria by 50%
The French auto parts company Montupet will increase its production capacity in Ruse by 50% with an investment in a new production hall, said the Managing Director Michael Bryson, cited by the Bulgarian Telegraph Agency (BTA).
The plant`s new hall takes 10 000 sq.m. and with it the entire area of the plant reaches 30 000 sq.m.
The new investment in the Ruse plant will create another 300 workplaces, making the total number of employees in the plant reach 1000. So far Montupet has invested between EUR 3 and 4 mln in buildings in Ruse. Together with the new equipment for the third hall in the plant the total investment in Bulgaria exceeds EUR 100 mln.
Some of the clients of the Bulgarian subsidiary of Montupet are Audi, BMW, Ford and Dacia. The plant for cylinder heads and aluminum parts for the automotive industry is the first in Eastern Europe for Montupet. The company also has production facilities in France, Spain, Northern Ireland and Mexico.
NEWS FROM BCCI
Sofia and Belgrade to become the first Balkan capitals connected by a motorway, suggested BCCI’s President
Both parties implement joint projects together, commence new initiatives of European significance
ОщеBCCI hosted the Bulgarian-Chinese Business Forum
There is potential for expanding the Bulgarian exports of pharmaceutical and medical products to China
ОщеMeeting of the Presidents of the Bulgarian and the Ukrainian Chambers of Commerce and Industry
The Ukrainian Chamber explores the experience and the achievements of BCCI in regard to the voluntary Unified Trade Register and the activities of the arbitration
ОщеThe newly appointed Commercial Counselor of Romania visited BCCI
Business information exchange and assistance to companies for developing partnership will be on focus in the bilateral initiatives
Още
UPCOMING EVENTS
Invitation for lauching conference on the programme "Energy Efficiency and Renewable Energy"
Celebration of the European Cooperation Day 2013 - medieval festival at the Baba Vida Castle
BULGARIAN ECONOMY
Quarterly labour cost index second quarter of 2013
The total hourly labour cost rose by 3.4% compared to the second quarter of 2012
ОщеMinistry of finance: We are expecting by the end of the month the European Commission to react on our request for maintaining the reduced excise duty rate on natural gas used as fuel
There are several EU Member States applying such a reduced excise duty rate among which Italy, Portugal and Belgium
ОщеBulgaria 49th out of 151 Countries in World Economic Freedom Ranking
The report presents the situation in 2011 – the last year for which official data is available for all countries
ОщеBulgaria with 50% increase of the serviced aircrafts over a 10-year period
At the same time the air navigation fees have been decreased
Още
INVESTMENT NEWS
French Montupet increases production in Bulgaria by 50%
The new investment in the Ruse plant will create another 300 workplaces
ОщеPetroceltic increases natural gas production from Bulgarian fields
This is possible due to the new subsea well at “Kaliakra” field that has been just tied to the pump facility
Още
