Ministry of Economy signed six investment certificates with a total value of over BGN 110 million.

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Since the beginning of 2020, 32 projects with a total value of over BGN 850 million have been certified under the IPA. The Minister of Economy Lachezar Borisov signed six investment certificates under the Investment Promotion Act (IPA) with a total value of over BGN 110 million, which will create nearly 600 new jobs. Five of the investments of Senid, EL BAT, Bulprotein, Agromil Bulgaria and Blox Group Bulgaria receive a Class A certificate, and the sixth investment of Matega receives a Class B certificate. Minister Borissov pointed out that since the beginning of 2020, 32 projects worth a total of BGN 854.322 million have been certified under the IPA, and they have the potential to create 4,074 new jobs. Investments are mainly in the sectors of manufacturing, information technology, healthcare and automotive. The Minister of Economy stressed that 13 projects are for the expansion of an existing investment, and the remaining 19 are new investment projects. The biggest interest is in the production sector – 14 projects, 5 of which carry out high-tech production. The investment class “A” of “Senid” Ltd. is for the investment project “MEDICO AND BALNEO REHABILITATION CENTER”, Hissarya, Plovdiv region. The rehabilitation center will have well-equipped doctor’s offices, as well as rooms for physiotherapy and physical therapy. More than 55,000 visitors will be served annually, and for this purpose more than 120 jobs will be created for highly qualified specialists – medical and non-medical staff. The amount of the investment amounts to BGN 41,500,000. The second project that will receive a Class A investment certificate is for Blox Group Bulgaria AD for an investment project related to investment in the healthcare and social services sectors. In a three-year period, it is planned to build an integrated center for servicing people in need of rehabilitation, long-term treatment and palliative care, as well as homes for the elderly in Sofia, Sofia Municipality. The amount of the investment, as a total value of tangible and intangible assets, amounts to BGN 29,934,000. During the implementation of the investment project and as a result, 275 new jobs will be created. The investment project for construction of a modern plant for production of plant proteins of Bulprotein OOD in the industrial zone-Bozhurishte, Bozhurishte Municipality also received a class A certificate. The implementation of this investment will contribute to the diversification of the production range within the Industrial Zone Bozhurishte, which will create conditions for attracting new investors from such high-tech and niche sectors. The amount of the investment amounts to BGN 9,290,000 and 35 new jobs will be created. The fourth class A certificate is for Agromil Bulgaria AD for the investment project for construction of a silo farm for storage of goods, consisting of six silos in the city of Plovdiv, Plovdiv municipality. The investment project also envisages the construction of a laboratory in which automatic sampling machines will be installed, which will help the rapid acceptance of the grain. The amount of the investment, as a total value is BGN 4,510,000 and will be opened. 12 new jobs. The investment project of “EL BAT”, which envisages construction and operation of an installation for lead by-products in the municipality of Dolna Banya, district of Sofia, also receives a class “A” investment certificate. The amount of the investment is BGN 23,937,000, as a result of which 100 new jobs will be created. The project of Matega Ltd., which will receive a class B investment certificate, is for the investment project for the construction of a modern enterprise on the territory of the town of Gabrovo for the production of metal and wooden components for sports weapons. Initially, MATEGA was intended to be the main supplier for the Walther, Umarex and Hämmerli brands. The company’s goal in the future is to achieve the production of a full range of components that will allow the assembly and production of finished weapons. The amount of the investment is BGN 5,723,408 and 40 new jobs will be created from it

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