Category Archives: Bulgaria

Press Releases & News from Bulgaria distributed via EuropaWire

The Hidden Gem of Deep Plane Facelifts

(IN BRIEF) A transformative experience led a woman from the U.S. to Greece for a deep plane facelift performed by Dr. Papaioannou in Thessaloniki. Renowned as a discreet yet exceptional surgeon, Dr. Papaioannou combines artistry with surgical precision, restoring youthful … Read the full press release

EBRD and Partners Commit €103 Million to Major Solar Project in Bulgaria

(IN BRIEF) The EBRD, in partnership with Raiffeisen Bank International, is providing €103 million to fund a 237 MWp solar photovoltaic plant in southeastern Bulgaria, developed by Tenevo Solar Technologies. The project will generate over 300 GWh of electricity annually, … Read the full press release

EIB Group President Highlights Strengthened Partnership with Bulgaria to Drive Growth, Jobs, and Green Transition

(IN BRIEF) EIB Group President Nadia Calviño visited Bulgaria to discuss increased financing opportunities aimed at boosting economic growth, job creation, and the country’s green transition. In partnership with Bulgarian Deputy Prime Minister Lyudmila Petkova, the EIB Group plans to … Read the full press release

DNV and MIRDC Join Forces to Drive Renewable Energy Innovation in Taiwan

(IN BRIEF) DNV and Taiwan’s Metal Industries Research & Development Centre (MIRDC) have signed a three-year Memorandum of Understanding (MoU) to collaborate on advancing renewable energy technologies in Taiwan. The partnership will focus on floating solar and wind technologies, energy … Read the full press release

Mobile Payments Overtake Debit Cards and Cash as Top Payment Method in Switzerland, According to ZHAW and University of St.Gallen Report

(IN BRIEF) The latest Swiss Payment Monitor report reveals that mobile payments have become the most popular payment method in Switzerland, surpassing debit cards and cash for the first time. Mobile devices now account for 26.8% of all transactions, driven … Read the full press release

Infineon Technologies Unveils PSoC™ 6 AI Evaluation Kit for Edge AI and ML System Designs

(IN BRIEF) Infineon Technologies has launched the PSoC™ 6 AI Evaluation Kit, designed for embedded, Edge AI, and ML system applications. The kit enhances real-time performance and power efficiency for intelligent consumer, smart home, and IoT solutions. It integrates Infineon’s … Read the full press release

Borealis Expands Circular Economy Commitment with Acquisition of Integra Plastics AD

(IN BRIEF) Borealis announces the successful acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling player, solidifying its position in the circular economy landscape. Integra Plastics’ state-of-the-art recycling plant, with an annual capacity exceeding 20,000 tons, significantly bolsters Borealis’ … Read the full press release

Eurojust-Coordinated Operation Leads to Arrest of 22 Members of Human Trafficking Ring in Italy and Bulgaria

(IN BRIEF) Italian and Bulgarian authorities, with the support of Eurojust, have apprehended 22 individuals associated with an organized crime group (OCG) involved in human trafficking. The OCG exploited numerous female victims, coercing them into prostitution through deceptive promises of … Read the full press release

Driving Green Growth: HeavyFinance Secures €50 Million to Drive Sustainable Agriculture in Europe

(IN BRIEF) HeavyFinance announces a €50 million fundraising for a private credit fund aimed at supporting European agricultural SMEs with tailored finance solutions to advance decarbonization efforts. With the EIF committing €20 million as a cornerstone investor and support from … Read the full press release

EIB Boosts Bulgarian Economy with €291 Million Financing and Advisory Support

(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release

Accenture Boosts AI-Powered Customer Insights with GemSeek Acquisition

(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of GemSeek, a prominent player in customer experience analytics, as part of its ongoing investment in data and AI capabilities through Accenture Song. GemSeek, founded in 2011, brings advanced analytics expertise … Read the full press release

Metso Secures EUR 10 Million Contract for Copper Flash Smelting Furnace Rebuild with Aurubis Bulgaria AD

(IN BRIEF) Aurubis Bulgaria AD has contracted Metso for a significant copper Flash Smelting Furnace rebuild project in Bulgaria’s Zlatitsa-Pirdop Valley, surpassing EUR 10 million in value. This collaboration marks another milestone in the longstanding partnership between the two companies, … Read the full press release

Lensa, един от най-ценените търговци на оптика в Румъния, пристига в България. Първият шоурум е открит в София

(НАКРАТКО) Lensa, известен търговец на оптика в Румъния, разширява присъствието си в региона, откривайки първия си магазин в България, конкретно в София. Магазинът предлага широка гама от очила и слънчеви очила на водещи марки, като Ray Ban, Police, Furla и … Read the full press release

EBRD and UniCredit Bulbank Partner to Support Tsenovo Solar Plant in Bulgaria

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to guarantee up to €25 million for a loan extended by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria, marking the first greenfield renewable project financed under … Read the full press release

EIF Signs €2 Billion Guarantee Agreements to Boost SMEs and Green Transition in Bulgaria

(IN BRIEF) The European Investment Fund (EIF), a part of the European Investment Bank Group, has inked guarantee agreements with four Bulgarian banks, including Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, UniCredit Bulbank, and United Bulgarian Bank, facilitating up to €2 … Read the full press release

EIB Backs Installation of Over 8,400 EV Charging Stations in Eastern Europe to Boost Clean Mobility

(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release

Coordinated Operation Across Four Countries Targets Online Trading Fraud Network Defrauding Millions

(IN BRIEF) Judicial and law enforcement authorities from Germany, Cyprus, Bulgaria, and Sweden collaborated in a coordinated action against an organized crime group suspected of online trading fraud. The criminal network operated fraudulent online trading platforms from call centers and … Read the full press release

EIB Backs Agria Group Holding’s Sunflower Oil Plant and Sustainable Transport in Bulgaria with €35 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has partnered with Kristera AD, a subsidiary of Agria Group Holding, to provide a €35 million loan for the construction of a new sunflower oil processing plant in northern Bulgaria and the acquisition … Read the full press release

European Investment Bank to Advise Bulgaria on Strengthening Development Financial Institutions

(IN BRIEF) The European Investment Bank (EIB) will provide advisory assistance to the Bulgarian Ministry of Innovation and Growth to enhance the effectiveness of the development financial institutions it supervises, with the aim of better supporting the Bulgarian economy. The … Read the full press release

Heidelberg Materials Initiates Carbon Capture Pilot in Bulgaria, Advancing CCUS in Eastern Europe

(IN BRIEF) Heidelberg Materials has begun construction on a pilot carbon capture installation named ANRAV.beta at its plant in Devnya, Bulgaria. This pilot unit is a significant step towards the company’s larger ANRAV project in Bulgaria, the first full-chain carbon … Read the full press release