Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (154)
Infrastructure (97)
Financial (124)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (27)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (64)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Aurubis Planning to Invest EUR 150 M in Bulgaria
AURUBIS PLANNING TO INVEST EUR 150 M IN BULGARIA
Date: 14/05/2015
Source: www.novinite.com
Aurubis Planning to Invest EUR 150 M in Bulgaria

An investment package of nearly EUR 150 M into the Bulgarian economy is being considered by leading copper producer Aurubis, the company's CEO Tim Kurt has said.

At a press conference, Kurt and the company's Secretary General Georgi Nikolov warned of a number of challenges that Bulgaria's business environment poses to businesses, such as the administrative burden.

Electricity prices for industrial consumers are also of concern, with the company paying EUR 50 per MWh in Bulgaria compared to around EUR 40 competitors give for the same amount in Germany, France and Spain.

Aurubis has also called for long-term contracts for electricity supply (instead of the current ones spanning just a year) to boost business planning.

In 2016, Europe's biggest copper producer is to set aside some EUR 44-50 M to renovate its plant in the town of Pirdop in Western Bulgaria.

Aurubis is also the most intensive user of Bulgarian ports and freight transport with over 2 million tonnes of cargo every year.


Topic: FDI in Bulgaria


Featured District
MONTANA DISTRICT AND CITY INFORMATIONMontana
Invest Bulgaria Charts
Unemployed People in Bulgaria
Unemployed People in Bulgaria

Foreign Liabilities of Bulgaria
Foreign Liabilities of Bulgaria

See all charts
Did You Know?
New Sofia Airport
New Sofia Airport
Since 2006, Sofia has a modern brand new international airport that matches the finest airports in ... More

Pirin National Park lies in the highest part of the Pirin Mountain. Forests cover 60% of its total area. Trees between 280 and 1000 years old have been declared natural sites, the oldest one being the 16 meter high Baikousheva white fir which is 1200 years of age.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2017 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


Bulgaria Translation Bulgarian Agriculture Bulgarian Textile Sofia Printing Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works


Our Featured Members
   Aidos Ltd.
   Onboard CRM - Sales & Marketing Services
   Next Point Ltd.
   InterContinental Recruiting
   Tzvetkova & Partners
   GUGUSHEV & PARTNERS
   Horizons
   CallFactory Ltd.
   BrightPoint
   Minchev Consulting Group
   Intelligence Pathways Ltd.
   Bulgarian Agriculture.com
   Bulgaria Translation
   Sofia Web Works