THE COUNCIL OF MINISTERS APPROVED A KEY MEMORANDUM OF UNDERSTANDING WITH SMART SOLAR TECHNOLOGIES AD

THE COUNCIL OF MINISTERS APPROVED A KEY MEMORANDUM OF UNDERSTANDING WITH SMART SOLAR TECHNOLOGIES AD

The Bulgarian government and Smart Solar Technologies AD signed a Memorandum of Understanding, which lays the foundation for the construction of a plant for solar panels and cells in the village of Elenino, Stara Zagora Municipality. The priority project envisages an investment of EUR 240 million. It will create 812 new jobs, supporting the sustainable development of the region. The project, aimed at exporting products to Europe, will strengthen Bulgaria’s position in the field of green technologies and stimulate economic growth through innovation and modernization of production.

Priority is given to investment projects that are particularly significant for the economic development of the Republic of Bulgaria or for the regions of the country under the Investment Promotion Act, on the basis of which the  InvestBulgaria Agency operates.

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