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Foreign Company Invests BGN 107 Million in New Factory Near Plovdiv, Creating 115 Jobs

The Minister of Economy, Bogdan Bogdanov, marked a significant milestone with the official commencement of construction for Schneider Electric’s new production facility for electrical components in the “Thrace Economic Zone” near Plovdiv. This venture, representing an investment of BGN 107 million, is poised to generate 115 new employment opportunities, ushering in a new era of collaboration between the state and investors. Minister Bogdanov emphasized that this project signifies a pivotal shift in the state’s approach towards investment, marking a departure from passive involvement to becoming an active partner in fostering large-scale investment endeavors….