Why BulgariaNews
Varna based company Mega Group received a class A investment certificate for their new project for a petrol and petroleum waste recycling plant in the town of Smyadovo in northeast Bulgaria. |
InvestBulgaria Agency and Bulgarian Stock Exchange (BSE) - Sofia signed Memorandum of Understanding with the objective to improve the investment climate in the country and promote Bulgarian business abroad. |
Heatset SPLTD, part of Billboard JSC, received an A-class investment certificate for their project for a new printing house for sheet-fed and roll printing in the town of Kostinbrod, some 17 km from Sofia. |
Success Story
IBM Bulgaria
IBM CENTER FOR MANAGED BUSINESS PROCESS SERVICES (MBPS) in Bulgaria was announced in October 2007 after a serious potential investment location assessment.
Investment Profile
- SAP Labs, Bulgaria
- Investor - SAP AG, Germany
- SAP Labs Bulgaria - the fastest-growing SAP Lab world-wide
- Activity: Development of innovative J2EE technologies
- 470 employees in Sofia subsidiary
- Average age - 29 years
- SAP Labs Bulgaria is focused on developing key components of the SAP NetWeaver Platform
(C) IBA 2006