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Expectations of municipal authorities in Plovdiv region are that in six to eight years’ time number of employees in IT and BPO sectors that are 4500 at present will double. 150 thousand square meters of new offices will be built, in addition. Plovdiv’s annual gross domestic product is assessed at EUR 6 billion, as 50% of it comes from manufacturing. Investment in the town has gone up since 2009. For the last 15 years more than 120 companies have entered the region, as the made investment is calculated at more than EUR 1 billion. Among the largest private investors in the region are Liebherr and Kaufland with its logistics center in Rakovsky. The administration expects to create 30 thousand new jobs in the coming 10 years. Exploitation of Sensata’s factory will begin by the end of the year. In addition construction of a plant of the Japanese SMC will start, too. Negotiations are ongoing with two German investors. Up to 10 years we expect at least one carmaker, Deputy Mayor Stefan Stoyanov, said.

 

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