“Over the last 10 years, revenues of Bulgarian local IT companies have grown by 600 per cent. Now, Bulgaria ranks third in global rankings of most attractive outsourcing destinations after a leap of 11 places, said Rosen Plevneliev, Bulgarian President at the opening of the Outsourcing Destination Bulgaria conference in Plovdiv. Continue reading Revenues Of Bulgarian IT Companies Have Sextupled In the Last Decade
The EBRD, together with the Ministry of Agrarian Policy and Food of Ukraine, is co-organising a business forum, “Investing in Ukrainian Food and Agriculture”. The event is taking place on September 15, 2015 at the EBRD head quarters in London. Continue reading Investing in Ukrainian Food and Agriculture
Despite difficult financial conditions and increasing competition, the first six months of 2015 brought revenues of $316.7 million for High-Tech Park in Minsk, thus exceeding the figure for the same period of 2014 by 30 per cent. Continue reading High-Tech Park in Minsk is growing rapidly
In the latest edition of the Martin Prosperity Institute’s annual Global Creativity Index 2015, Belarus ranked 37th, not only higher than other Eurasian Economic Union country but also better than some of the country’s EU neighbours like Latvia, Lithuania and Poland. Continue reading Belarus is the most creative EEU country
On 10 September 2015, the Municipality of Plovdiv, Bulgaria’s second largest city, jointly with InvestBulgaria Agency, is organising the Outsourcing Destination Bulgaria Business Forum. The city has established itself as the second largest centre of investments in the sector of IT and outsourcing business process in Bulgaria, after the capital, Sofia.
Since the new government took office 18 months ago, Prime Minister Bohuslav Sobotka’s Cabinet managed to gain 196 new investment projects worth €4 billion, which should generate over 23,000 jobs.
“It is important that we keep up this initial pace in the coming months. The Ministry of Industry and Trade and CzechInvest must build on the success achieved so far and continue to work intensively on improving the conditions for entry of new investors into our country,” said Prime Minister Bohuslav Sobotka. Continue reading The Czech government attracts FDI and creates jobs
American Ametek opened in a new factory for the production of small engines in Subotica, a city in northern Vojvodina, Serbia. By the end of 2015, the facility is set to employ 150 workers and produces 1.5 million engines per annum. This factory will produce electric motors of low power and high efficiency, which are installed in a variety of household appliances. The products from this factory will be intended for export, mainly to Europe, and then Asia and the market. According to Erik Sausiņi, General Manager of Ametek Group Europe, the facility is the first phase of a larger investment in Subotica. Continue reading Ametek opened a new factory in Subotica