Industrial News :: CeeIndustrial

* CeeInd - ''The leading Industrial Portal dedicated to the Growth market of Central and Eastern Europe > < Poland's Industrial Automation Surge: Record Robot Installations and EU Investment Drive Growth > < TeraPlast Group Strengthens Presence in Flexible Packaging with 70% Acquisition of Optiplast in Croatia > < Poland's Industrial Automation Surge: Record Robot Installations and EU Investment Drive Growth > < Mondi Enhances Sustainable Packaging Production with New Extrusion Line at Štětí Facility > < Nokian Tyres Opens World's First Zero CO2 Emission Tyre Factory in Oradea, Romania > < South Korea's Largest Food Company to Build First Factory in Central Europe, Located in Hungary > < BMW Begins Pre-Series Production of Neue Klasse in Hungary, Paving the Way for Electric Innovation > < Vetropack Completes €60 Million Furnace Upgrade in Croatia, Setting New Industry Standards > < DP World Invests €130 Million to Boost Romania’s Port and Logistics Infrastructure > < PalletBiz Romania Unveils State-of-the-Art Production Facility in Prejmer > < Arctic Paper Expands Renewable Energy Portfolio with 4 MW Solar Park Acquisition in Poland > < Y Soft Secures €30 Million EIB Investment to Advance Office Automation Technologies > < Poland: The Emerging Logistics Hub of Central and Eastern Europe (CEE) > < ArcelorMittal Poland Invests PLN 100M in Hydrogen Plant to Boost Krakow Steel Operations > < Shape Robotics Expands Romanian Distribution Network with Strategic Ingram Micro Partnership > < Poland Ranks as Europe's Second Most Active Industrial Market in 2024 > < PepsiCo Launches 3.5-MW Solar Farm in Poland, Powering Sustainability Goals > < Czech Companies Embrace Advanced Technologies to Drive Production Efficiency > < Poland Solidifies Its Status as a Global Poultry Export Leader > < Toyota Unveils Largest Logistics Hub in Europe in Czech Town Kolín > < CATL's Debrecen Battery Plant Set for 2025 Launch, Driving Europe's Green Transition > < Slovenia to Invest Up to €40 Million in Production of New Renault e-Twingo > < Lockheed Martin to Establish €50 Million Electrolyte Factory in Romania > < Michelin Shifts Jobs from UK to Romania and Poland as Part of European Restructuring > Skanska to Modernize Railway in the Czech Republic > Compal Electronics to Establish Manufacturing Plant in Poland > SCM Announces the Launch of SCM Adria Subsidiary in Slovenia > Japan's Toppan Begins Construction on New Czech Republic Plant > Arburg Expands Footprint in South Eastern Europe with New Romanian Subsidiary > Josera to Hire 100 Employees for New Pet Food Factory in Poland > Žito Completes EUR 9 Million Renovation of Maribor Bakery > Valmet to Deliver New Production Line to Velvet CARE Paper Mill in Poland > Czech Pet Food Group Revamps Nordic-Inspired Dog Food Brand Packaging > Grove All-Terrain Crane Enhances Karmax Fleet in Poland > Maxcess Expands Manufacturing with New Facility in Poland > Onsemi Announces $2 Billion Expansion of Chip Production Facility in Czechia > Sinoboom to Manufacture MEWPs in Poland for European Market > EBRD Commits €25 Million to V4C Poland Plus Fund II > Nearshoring to Poland and Other CEE Countries: A Strategic Move for European Businesses > Koskisen Expands Kore Business in Poland with EUR 3 Million Investment > Onsemi Commits $2 Billion to Expand Czech Republic Semiconductor Facility > Crane ChemPharma & Energy Expands to Arad with New Lease in Industra Park > VW-Backed Gotion and InoBat to Establish EV Battery Plant in Slovakia > Wacker Chemie AG Begins Construction of New Silicone Production Facility in Czech Republic > ... CeeInd - ''The leading Industrial Portal dedicated to the Growth market of Central and Eastern Europe >LG Energy Solution Wrocław Marks 5 Years: Powering Poland's Lead in EU Electric Vehicle Battery Market > Outlook on Central Europe's Polymer Industry for 2024: A Review of the 2023 Landscape > Etron Technology Selects CTPark Oradea for New Romanian Production Facility: Expanding European Presence > Central and Eastern Europe: Emerging as a Key Player in the Global Supply Chain Transformation > TRILUX Group and Panattoni Break Ground on First Eco-Friendly Lighting Factory in Central and Eastern Europe > Hyundai Motor Co. Confirms Advancement of New Car Manufacturing Plant in Eastern Czech Republic, CTK Reports >Poland Emerges as Finland's 7th Largest Global Export Partner in 2023 > Prague Set to Transform Historic Strahov Stadium into a €400 Million Tech Hub > Walki Set to Boost Employment and Expand Eco-Friendly Packaging Production in Wrocław > Biovoima expands to Poland > Trasmec Group Expands with State-of-the-Art Romanian Production Facility: A Leader in Conveyor Systems Manufacturing > GLP Plans Major Expansion at Wrocław Logistics Hub, Strengthening Central Eastern Europe's Supply Chain Infrastructure > Expanding Telecom Frontiers: HFCL Launches New Optical Fiber Cable Plant in Poland to Power Growth in Central Eastern Europe > Shanghai Unison Aluminium Invests €35 Million in New Bulgarian Automotive Plant Near Plovdiv > Rail Cargo Group Expands European Network with New Routes to Germany and Turkey via Romania > Nestlé Purina Enhances Pet Food Manufacturing in Hungary with Significant Investment > Estonia: Billion-Euro Green Methanol Plant in Pärnu: Power2X's Investment Sparks Poland Emerges as Finland's 7th Largest Global Export Partner in 2023 > Sustainable Energy Revolution > Borealis Expands Recycling Capacity with Acquisition of Bulgarian Specialist Integra Plastics > The Polish Construction Market Sees Notable Growth in Early 2024 > MR DIY Set to Launch Its Entry into the Polish Market with New Logistics Hub in Central Europe > Romania Boosts Recycling Industry with €200 Million in Grants Scheduled for May > Ussuri Capital to Launch Advanced Steel Manufacturing Facility in Romania with a Focus on Low-Carbon Production > Incap Slovakia Enhances Electronics Manufacturing with Advanced Machinery in CEE > Atlantic Stark Announces Factory Expansion in Belgrade: Boosting Confectionery Production and Growth in CEE > Kumho Tire Targets European Expansion with $750 Million Investment for New Plant > Vestas Announces Strategic Expansion with Second Offshore Wind Factory in Poland for 2026 > Mondi Boosts Slitting Capabilities in Slovakia, Strengthening CEE Product Range > Nokian Tyres investment in Romania to help support growth in CEE Market > Maxcess's New Operational Hub in Łubowo, Poland Elevates Manufacturing and Sustainability in Central Europe > Thimm Allocates €10m for Enhanced Operational Efficiency and Production in Poland > POSCO International Launches EV Parts Factory in Poland: A Strategic Move for Green Mobility and Investment Surge in CEE > ZF Inaugurates Pioneering Zero-Emission Manufacturing Hub in Klášterec, Czech Republic > Nexen Tire Gears Up for Major Expansion in Czech Plant, Eyes Production Boost > Expanding Horizons: Samsung SDI Boosts CEE Presence with Third Factory in Hungary for Advanced EV Batteries > Finland's Renta Group Expands into Polish Market with Acquisition of Scaffolding Group > 3 different 2024 Economic Growth Predictions for Poland > Windar Renovables Announces EUR 70 Million Investment in New Polish Factory for Wind Energy Infrastructure > Northvolt Expands in Gdańsk with New Business Scaling and R&D Centers > Polish Government Awards Aira EUR 15M for Advanced Manufacturing Facility > Drutex Launches EUR 183M Project for Second Manufacturing Plant Expansion > Cemex Launches Revamped Concrete Facility in Czech Republic > LDZ Cargo Advances in Baltic Region with Expansions in Estonia and Lithuania > Poland: InvestEU - EIB supports Protix in scaling up its sustainable protein production > Poland Boosts SME Support with EIB Group and Europejski Fundusz Leasingowy Partnership > Bulgaria's Agria Group Secures €35 Million EIB Loan for Eco-Friendly Sunflower Oil Plant > BMW's New Hungarian Facility Advancing Smoothly, Minister Szijjártó Discusses Progress > Oonly Launches Innovative Bottling Facility with Groundbreaking refPET Technology > Taiwan CEE Credit Fund supports Inventec to expand in Czech > Poland's Top Construction Firms Achieve Record Revenues in 2023 Amid Industry Challenges and Growth Opportunities > EBRD and EU support frozen pastry producer in Georgia > Hellweg Expands to Poland with Flexal Group Partnership, Capitalizing on Rising Demand in Plastic Recycling Machinery > IMA Schelling Boosts Automation Offerings with Key Acquisitions of Carmet Automazioni and Blumenbecker Engineering > Romanian PVC Manufacturer Barrier Announces New EUR 2M Factory Launch to Accelerate Global Expansion > Audi Hungaria Sets New Production Record in 2023, Surpassing Decade Milestone at Győr Plant > Voith Revamps Schumacher Packaging’s PM 2 Line in Myszków, Poland, Setting New Standards in Sustainable Production > SCM Launches New Subsidiary in Slovenia, Strengthening Market Presence in the Balkans > Czech company Plastigram to invest 8M EUR in Poland > EBRD and Raiffeisen Bank Enhance MSME Financing in Kosovo with Innovative €20 Million Guarantee Program > Taiwan and Czech Republic Sign MOU to Boost Economic and Cultural Cooperation > Mr. DIY Partners with CEE Countries for Expansion into Central and Eastern Europe > EBRD Partners with Eurowatt for Expansion of Wind Energy Projects in Poland > India and Czech Republic Forge Strategic Innovation Partnership for Growth in Central Europe > Korean tyres at CTP Czech > Taiwan and Poland Enhance Bilateral Ties: Economic, Cultural, and Technological Cooperation on the Rise > Viking Johnson distributors in CEE > danish Shape Robotics Acquires Polish Tech Firm Skriware to Enhance STEAM Education Offerings > Pulse Roll Label Products Expands European Operations with New Factory Opening in Poznań, Poland > Polar Night Software Partners with Renta Suomi to Develop Innovative Applications in the Baltic Region > Sandvik Names Volvo as Official Distributor of Mobile Equipment in Poland > PepsiCo invests $13m in soft drinks line in Romania > Rohlig SUUS Logistics Establishes Its Premiere Storage Facility in Slovakia > Budimex of Poland Spearheads Construction of €3.7 Billion High-Speed Rail in Latvia > Inteva, a Leading Global Automotive Supplier, Inaugurates Advanced Production Center in Czech Republic > UPM’s WISA plywood products distributors and dealers in CEE > EBRD Provides RON 400 Million Loan to Delgaz Grid in Romania for Energy Development > Balluff Enhances Logistics Operations with Consolidated Warehousing in Hungary > Poland Secures €5 Billion in Loans from European Investment Bank > Wood Stove to Eco-Friendly Heating System funding for CEE from the EBRD > Bunzl plc, a Global Specialist in Distribution and Services, Expands into Poland and Strengthens Presence in the Netherlands > Hirsch Servo Expands with Czech Injection Moulding Firm Renostav Acquisition > BYD Expands into Europe with New Automotive Plant in Hungary > Logicor Initiates Its Maiden Logistics Park Project in Czech Republic > EBRD's €25 Million Investment in Pelion Group Boosts Growth in Pharmaceutical Distribution in Poland and Baltic States. > Jacobs Douwe Egberts to Build €140 Million State-of-the-Art Coffee Plant in Jawor, Poland > CAREL Announces Expansion with New State-of-the-Art Plant in Labin, Croatia > Hengst Filtration Purchases Former IAC Site Near Ford Plant in Romania for Air Filter Production > Umicore and PowerCo's €1.7 Billion Joint Venture: Pioneering CAM Production Plant in Poland's Wałbrzych Economic Zone > EBRD Grants €15M to ECSO for Eco-Friendly Plastic Recycling in Lithuania > JLR Announces Plan to Shift EV Production to its Nitra Plant in Slovakia by 2030 > Logicor Initiates Its Maiden Logistics Park Project in Czech Republic > Poland Leads EU in Candle Exports: Dominating the European Market in 2022 > EBRD and Italy Boost Moldova's MSMEs with Strategic Financial Support > Molex Expands Polish Operations with Third Advanced Manufacturing Campus in Katowice > SoftServe Expands into Romania with New Bucharest Headquarters and Significant Employee Growth modify > ... CeeInd - ''The leading Industrial Portal dedicated to the Growth market of Central and Eastern Europe > < Poland's Industrial Automation Surge: Record Robot Installations and EU Investment Drive Growth > < TeraPlast Group Strengthens Presence in Flexible Packaging with 70% Acquisition of Optiplast in Croatia > < Poland's Industrial Automation Surge: Record Robot Installations and EU Investment Drive Growth > < Mondi Enhances Sustainable Packaging Production with New Extrusion Line at Štětí Facility > < Nokian Tyres Opens World's First Zero CO2 Emission Tyre Factory in Oradea, Romania > < South Korea's Largest Food Company to Build First Factory in Central Europe, Located in Hungary > < BMW Begins Pre-Series Production of Neue Klasse in Hungary, Paving the Way for Electric Innovation > < Vetropack Completes €60 Million Furnace Upgrade in Croatia, Setting New Industry Standards > < DP World Invests €130 Million to Boost Romania’s Port and Logistics Infrastructure > < PalletBiz Romania Unveils State-of-the-Art Production Facility in Prejmer > < Arctic Paper Expands Renewable Energy Portfolio with 4 MW Solar Park Acquisition in Poland > < Y Soft Secures €30 Million EIB Investment to Advance Office Automation Technologies > < Poland: The Emerging Logistics Hub of Central and Eastern Europe (CEE) > < ArcelorMittal Poland Invests PLN 100M in Hydrogen Plant to Boost Krakow Steel Operations > < Shape Robotics Expands Romanian Distribution Network with Strategic Ingram Micro Partnership > < Poland Ranks as Europe's Second Most Active Industrial Market in 2024 > < PepsiCo Launches 3.5-MW Solar Farm in Poland, Powering Sustainability Goals > < Czech Companies Embrace Advanced Technologies to Drive Production Efficiency > < Poland Solidifies Its Status as a Global Poultry Export Leader > < Toyota Unveils Largest Logistics Hub in Europe in Czech Town Kolín > < CATL's Debrecen Battery Plant Set for 2025 Launch, Driving Europe's Green Transition > < Slovenia to Invest Up to €40 Million in Production of New Renault e-Twingo > < Lockheed Martin to Establish €50 Million Electrolyte Factory in Romania > < Michelin Shifts Jobs from UK to Romania and Poland as Part of European Restructuring > <

Schneider Electric's BGN 107 Million Investment in Plovdiv Sparks Job Creation and Marks a New Era of State-Driven Economic Development

2024-04-08 00:00:00

International Firm Pledges BGN 107 Million for Advanced Manufacturing Plant in Plovdiv, Creating Over 100 Jobs

In a groundbreaking move, the Minister of Economy, Bogdan Bogdanov, announced the start of construction on Schneider Electric's innovative facility for electrical components within the "Thrace Economic Zone" adjacent to Plovdiv. This strategic investment, amounting to BGN 107 million, is set to create 115 new job positions, heralding a fresh chapter of state-investor cooperation. Minister Bogdanov highlighted the project as a key turning point in the government's investment strategy, transitioning from a traditionally passive role to an engaged facilitator of substantial investment projects. This initiative stands out as the first to benefit directly from state aid, showcasing a committed effort to stimulate economic expansion and employment generation.

Deputy Minister of Innovation and Growth, Martin Gikov, further illuminated the ministry's dedicated push towards investment attraction, with 24 certificates issued since last June under the Investment Promotion Act. These efforts have mobilized investments exceeding BGN 510 million, leading to the creation of 2,064 jobs, signifying robust support for both local and international investors. Minister Bogdanov assured the business community of tangible and consistent support, offering incentives up to 60% of eligible investment expenses to encourage further capital infusion and drive nationwide economic progress.

Scheduled for completion within a year, the new facility near Plovdiv is expected to embody innovation through the use of advanced technologies, modern equipment, and eco-friendly practices. This includes adopting carbon-neutral building materials and renewable energy sources, positioning the plant as a beacon of sustainable manufacturing.

The launch event was graced by the presence of His Excellency Joël Meyer, Ambassador of France to Bulgaria, highlighting the importance of international partnerships in fostering economic growth, underscoring the project's role in enhancing Bulgaria's industrial landscape and economic vitality.