Revenues Of Bulgarian IT Companies Have Sextupled In the Last Decade

“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 Czech government attracts FDI and creates jobs

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

Ametek opened a new factory in Subotica

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