Why BulgariaNews
The German company ixetic, a leading manufacturer of hydraulic and vacuum pumps as well as air-conditioning compressors for the automobile industry received a class A investment certificate for their new plant ixetic Plovdiv in Rakovski Industrial Zone. |
Kaliakra Wind Power Park, located in the area of Bulgarevo village, Kavarna municipality, certified as a 1st-class investment by InvestBulgaria Agency in June 2006, was officially opened by H.E. Mr. Tsuneharu Takeda, Ambassador of Japan to Bulgaria, 25 July 2008. |
Varna based company Mega Group received a class A investment certificate for their new project for a petrol and petroleum waste recycling plant in the town of Smyadovo in northeast Bulgaria. |
Success Story
Software AG Development Centre Bulgaria
Software AG Development Centre Bulgaria was founded in 2006. The development centre is a subsidiary of Software AG. The Company, which is based in Darmstadt, Germany, has over 38 years of recognized software experience. It is the third largest enterprise integration software vendor in the world and has over 4,000 global customers in 70 countries. Today, the local subsidiary has 50 employees and this number will increase throughout 2008.
Investment Profile
- SAP Labs, Bulgaria
- Investor - SAP AG, Germany
- SAP Labs Bulgaria - the fastest-growing SAP Lab world-wide
- Activity: Development of innovative J2EE technologies
- 470 employees in Sofia subsidiary
- Average age - 29 years
- SAP Labs Bulgaria is focused on developing key components of the SAP NetWeaver Platform
(C) IBA 2006