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Bulgaria's unemployment falls to 3.4%; EUR 70m malting plant in Pleven

Eurostat puts Bulgaria's September jobless rate at 3.4%, well below the EU average of 6.2%. External debt is up 25%. Malteries Soufflet is investing nearly EUR 70m in Pleven.

Graphic: investment projects by region, 31.10.2026 (own graphic)
Graphic: TERRA WORLD NEWS (own graphic based on the sources listed)

Data as of: As of 31 October 2026, approx. 07:30 CET

Total of projects with stated value (table)293.49EUR m
Unemployment September (Eurostat; Aug: 3.5%)3.4%
Gross external debt, end-August (BNB)68.798EUR bn +25.30 %
New jobs (stated, table)546

The labour market remains tight. According to Eurostat, Bulgaria's unemployment rate fell to 3.4% in September (103,000 people) from 3.5% in August. The EU rate was 6.2% and the euro area's 6.5% (BTA, 30 Oct). Registered unemployment at labour offices was 5.43% at the end of September, or 154,096 people (Employment Agency, 16 Oct).

Pleven: French group Malteries Soufflet is investing nearly EUR 70m in a 60,000-tonne malting plant on the site of the former Plevensko pivo brewery (Capital, 30 Oct; Money.bg, 20 Jul). Construction has been under way since 2023. Burgas and Varna: over EUR 180m has gone into the water networks there, the environment minister told the 'Black Sea 2030' forum (dbr.bg, 30 Oct).

Bulgaria's gross external debt stood at EUR 68.798bn at the end of August, up 25.3% year on year (preliminary data from the central bank BNB, via Actualno, 30 Oct). No new job cuts at larger plants were reported in recent days.

The table covers 21–30 Oct. Projects with a stated value total EUR 293.49m, with 546 new jobs announced (own calculation; the EUR 180m for water networks is not included).

Investment projects and job cuts, 21–30 Oct 2026 (new at top)
RegionCompany / projectSectorAmount (EUR m)Jobs (− = cuts)Date / source
PlevenMalteries Soufflet Bulgaria (France) – malting plant (60,000 t) on the site of the former Plevensko pivo breweryFood / beverages70.00–NEW: Capital, 30 Oct 2026 (headline: 'French investment of EUR 70m'; text not accessible); details: Money.bg, 20 Jul 2026 – 'nearly EUR 70m'; under construction since 2023
Burgas and VarnaWater utilities in Burgas and Varna, incl. Elenite resort – over EUR 180m invested (per environment minister)Infrastructure / water––NEW: dbr.bg, 30 Oct 2026 ('Black Sea 2030' forum); funds already invested, no breakdown or period – not in total
Veliko Tarnovo (Svishtov) – Danube Industrial Technology ParkThree statements of intent: Akvilon – AM (egg packing, ~50), Multimodal Hypergrid and Digital Systems (AI data and power centre, ~60), Bogara (logistics base, ~50)Food / data centres / logistics–160BTA (via Utro Ruse), 29 Oct 2026, 17:46; no amounts given; statements of intent, not yet contracts
Blagoevgrad (region) – Sandanski, Banya, Dobrinishte, BalgarchevoERM Zapad – 2026 investment in the distribution grid (new connections, transformer stations, meters)Energy / grids10.00–Actualno, 29 Oct 2026, 14:55; 'nearly EUR 10m' – 2026 annual programme; incl. about EUR 3.8m for new customers, EUR 3m for meters
Sofia (city), Dobroslavtsi – former military airfieldStarbase Europe EOOD – high-tech industrial park and space and defence development centre; draft memorandumSpace / defence100.00–BTA, 28 Oct 2026; jobs and timeline not stated
Lovech (Bahovitsa) – per earlier reportsGreat Wall Motor (GWM) – Ora 5 SUV production with local partner, up to 50,000 cars/yearCar industry––BTA, 27 Oct 2026; start Q1 2027; amount and jobs not stated
SlivenToplofikatsia Sliven – gas cogeneration, +17 MW electric capacityEnergy17.00–Money.bg, 23 Oct 2026; own funds
Sofia (city), Vasil Levski airportSOF Connect – preparatory works for Terminal 3 (transport hub, Terminal 2 forecourt, underground utilities)Infrastructure / airport7.00–Money.bg, 23 Oct 2026 (added); 'over EUR 7m'; done by end-March 2027
Sofia (city)Sofia Med – SVAROG copper recycling project (EU Innovation Fund)Metals / recycling19.49–Focus, 23 Oct 2026; incl. EUR 6.20m EU grant
Pleven (Northern Industrial Zone)Ensinger (Germany) – insulation profile plantPlastics / building products10.00100Investor.bg, 22 Oct 2026; 'over EUR 10m'; 100–130 jobs; start spring 2027
Stara ZagoraTrinity Capital – XOPark retail parkRetail / real estate20.00150BTA, 22 Oct 2026; 'nearly EUR 20m'; 150–200 jobs; opening 2027
Sofia (city), Ovcha KupelKaufland Bulgaria – 21st hypermarket in SofiaRetail25.0090Money.bg, 21 Oct 2026
YambolBella Bulgaria – production expansion and solar plantFood15.0046Fakti, 21 Oct 2026; incl. EUR 10m EU funds
Structural data (with reference date)
IndicatorValuePreviousSource / published
Unemployment rate, Sep 2026 (%, Eurostat, seasonally adjusted)3.403.50BTA, 30 Oct 2026; previous = August; EU 6.2%, euro area 6.5%
Registered unemployment, end-Sep 2026 (%)5.43–Employment Agency via BTA, 16 Oct 2026; 154,096 people
Gross external debt, end-Aug 2026 (EUR bn)68.8054.91BNB (preliminary), via Actualno, 30 Oct 2026; previous = Aug 2025; +25.3%
NSI business climate, Oct 2026 (%)13.2015.30NSI via BTA, 29 Oct 2026

For information only, not investment advice. Prices as of the time stated, not real-time quotes.

Sources

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