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Foreign Investments EU Funds Renewable Energy Sorces Bulgaria Legal Guide Legal Guide 2010* Legal Guide 2009 Legal Guide 2008 (Russian) * The Regulations for Application of the Investment Promotion Act is due to be promulgated in State Gazette at the beginning of August 2010 concerning the "Priority investment projects" and the development of "Industrial zones" and High Tech parks. |
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| | By Nick Skrekas, The Wall Street Journal |
Success Story SAP Labs Bulgaria overview Year of establishment: 2000 Number of employees: 500 SAP Labs represents a dynamic community within SAP's Global Research and Development organization, sharing insights and promoting creativity on a worldwide basis. The main purpose of the SAP Labs is to discover and understand new technology trends around the world. It integrates ideas and leading-edge technologies that address the needs of specific industries and geographic regions. SAP Labs have taken a trendsetting role in many areas, especially concerning strategic topics like xApps, voice technology, double-byte language, mobile business, collaborative CRM, and Java skills. More... Investment Profile Lufthansa Technik AG, Hamburg- overhaul of widebody jets, overhaul and repair of engines, equipment and components, plus the technical and cabin completion of large corporate jets - Established in October 1994 as a wholly owned subsidiary of Deutsche Lufthansa AG.
- Lufthansa Technik AG is the lead member of the worldwide Lufthansa Technik Group with its total of 54 companies. Members of the Lufthansa Technik Group serve 630 customer airlines and other operators of civil aircraft.
- Sales revenue reached 3,02 billion euro in 2007.
- Lufthansa Technik AG directly employs about 10,800 persons
- With the foundation of Lufthansa Technik Sofia, Lufthansa Technik AG has created its fifth platform for the maintenance of short-haul aircraft in Europe.
Lufthansa Technik Sofia - Founded in the late summer of 2007 as a joint venture company between Lufthansa Technik (80%) and the Bulgarian Aviation Group (20%).
- The Bulgarian company specializes in maintenance work for the Boeing 737 (including the Boeing 737NG) and the Airbus A320 family.
- Situated at the eastern edge of Europe, Bulgaria's geographic location is ideal for serving customers in Eastern Europe, the Middle East and North Africa.
- 330 highly qualified staff.
- In October 2008 Lufthansa Technik Sofia commissioned a 6,000 square meters hangar at Sofia airport, big enough to accommodate two aircraft at the same time. The total investment in this project is EUR 20 million.
- More info about the project at: http://www.lufthansa-technik.com/
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Foreign Investment Statistics Certified Projects under Investment Encouragement Law |