Current News

Current News

GERMAN COMPANIES MOVE PRODUCTION CENTRES TO BULGARIA

GERMAN COMPANIES MOVE PRODUCTION CENTRES TO BULGARIA

6/20/2003 12:00:00 AM

German companies are going to finance Bulgarian students who study in Bavarian technical universities, but are not going to employ them in Germany after their graduation. The companies intend to move part of their production to Bulgaria because of the qualified experts and the relatively cheaper labour force, as compared to that in the European Union. They will hire graduates from German universities on privileged terms. This was announced by professor Franz Koch from the Technical University in Munich. He is among the people who organized the Hi-Tech Days exhibition from May 16 to June 5 in Sofia.
 
"KETEK GmbH signed an agreement with a laboratory of the Bulgarian Academy of Sciences for production of detectors which are to be installed in satellite antennas and medical equipment. Euros GmbH already opened a subsidiary in Plovdiv", professor Franz Koch told the BANKER weekly. The number of Bulgarian students who study in Germany is expected to decrease in the following years, while the number of those who study in the German faculties of the Sofia Technical University will probably grow. The students will get both Bulgarian and German graduate certificates.
 
According to Gerhard Schroeder Cabinet's new policy, foreign students who graduate in Germany should not be employed in the country, so that Germans would not be deprived of jobs. That's why Germany is not going to accept more Bulgarian computer experts who have been arriving in the country under the "green card" initiative in the past year and a half.

By Courtesy of BANKER news

Holy Thursday
Holy Thursday
4/17/2014 8:00:00 AM
Holy Thursday is the day when all women are supposed to color bright eggs for Easter family gathering.
Easter thoughts on Christ and his resurrection - the Turin shroud
Around Easter people always think and talk about miracles and the resurrection of Christ. The story of the Turin Shroud is one of the miraculous stories we have to accept and not seek for expalnati...
Easter Bunny History
Easter Bunny History
4/15/2014 9:00:00 AM
The Easter bunny has its origin in pre-Christian fertility lore.
HOLY WEEK before Easter
HOLY WEEK before Easter
4/14/2014 8:00:00 AM
Holy Week is the last week of Lent, the week immediately preceding Easter Sunday.
TSVETNITSA - VRUBNITSA (Palm Sunday)
Name day of everyone named after a flower, bush or tree (Tsvetelina, Lilia, Yavor, Yassen, Roza, Iglika, Violeta, Varban, Latinka, Temenuga, Karamfila, Zdravko, Kamelia etc).
12.04.1961 - First space flight
12.04.1961 - First space flight
4/12/2014 12:10:00 PM
On April 12, 1961, Gagarin became the first human to travel into space in Vostok 1
Today is LAZAROVDEN (St. Lazarus’ Day)
Name day for everyone having the name of  Lazar, Lazo, Lazarina, Lara.
Plovdiv hosts Vinaria 2014 International fair
VINARIA, the International Exhibition of Vine Growing and Wine Producing opens today
Fools Day (April 1st)
Fools Day (April 1st)
4/1/2014 10:00:00 AM
There are quite a few nations today having in their calendar the April 1st Fools Day. For better or worse, we, Bulgarians, are among them.
Today is the 98th anniversary of Bulgarias staring to use the Gregorian Calendar
In 1916, at midnight on 31st of March, Bulgaria “jumps” into future – instead of having April 1st as the next day, Bulgarians had April 14th….