The BCCI hosted a meeting with a Chinese company, researching the possibilities of constructing a plant in Bulgaria
The company is specialized in the production of advanced polyurethane products, special epoxy resin potting products, system solutions
Tsvetan Simeonov, President of the Chamber of Commerce and Industry, presented the economic and investment environment in Bulgaria and emphasized the low taxes, especially in regions with unemployment higher than the average for the country. He answered a number of questions posed by the guests.
The chinese company is focused on customized research and development, design, production and sales of electrical and electronic encapsulation materials.
The company was established in 2005. So far, it has several patents and has been accredited as a high-tech enterprise by the authorities of Jiangsu Province. Since 2007, it has been developing and selling specialty epoxy resin products. Similar products are widely used in the electronics and electrical industry (especially in capacitors and transformers).
An active exchange of information and assistance in establishing the company in Bulgaria was agreed upon.
The company's program also includes a meeting with the Embassy of China in Sofia, a visit to Kyustendil, meetings with potential local partners and is coordinated by the Bulgarian Investment Agency.