Economy
Posted on February 17, 2008
Filed Under Plovdiv |
Plovdiv is the centre of the important Thracian agricultural region, and food processing is among the most important industries. The city also produces machinery, textiles, and chemicals. After the fall of Communism in 1989 and the collapse of Bulgaria’s planned economy, a number of industrial complexes were closed. Industry has been expanding again since the late 1990s, with numerous modern manufacturing plants built in the city or in its outskirts. In this period, some 500,000,000 euro has been invested in plant construction. Some of the biggest new plants are the Liebherr refrigerator plant with 1,850 employees and a capacity of 450,000 items per year, the Socotab tobacco processing plant (2,000 employees), a bicycle plant (500 workers, capacity 500,000 units), a biodiesel plant, the Bulsaphil textile plant (790 workers), and several electronics and high-tech plants producing CD players and other electronic equipment.
The Plovdiv International Fair, held annually since 1892, is the largest and oldest fair in the country and all of southeastern Europe, gathering companies from all over the world in an exhibition area of 95,000 m2.
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