site.btaNational Company Industrial Zones Earns Profit for First Time since Its Early Years

108 ECONOMY - INDUSTRIAL ZONES - OPERATOR - PROFIT

National Company Industrial Zones
Earns Profit for First Time
since Its Early Years


Sofia, January 31 (BTA) - In 2018, the National Company Industrial Zones (NCIZ) recorded a profit for the first time since its early years. The company was founded in 2009 and initially earned profit from interest on cash contributions.

Over its 10-year history NCIZ has attracted 552 million leva in investments which have created over 2,300 jobs.

Intensive negotiations are currently underway with about 20 potential investors whose investment projects could exceed 160 million leva in total and could create more than 1,000 jobs.

NCIZ is a fully state-owned holding company specializing in the building of industrial parks, the management of industrial zones and innovation centres, and the provision of additional services to investors. Its mission is to help implement the Bulgarian government's strategy for boosting economic development and promoting foreign direct investment in the country. LY/VE

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