{"id":20237,"date":"2019-08-27T11:29:37","date_gmt":"2019-08-27T08:29:37","guid":{"rendered":"https:\/\/investsofia.com\/en\/?page_id=20237"},"modified":"2020-04-07T16:42:33","modified_gmt":"2020-04-07T13:42:33","slug":"aerospace","status":"publish","type":"page","link":"https:\/\/investsofia.com\/en\/aerospace\/","title":{"rendered":"Aerospace"},"content":{"rendered":"
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Aerospace is one of the priority industries for Sofia. The sector includes the production of aircraft, drones, rockets, satellites, and the respective software and appliances for them. Invest Sofia works for branding Sofia as an Aerospace destination and for facilitating the communication and collaboration between Bulgarian and foreign stakeholders. If you are a Sofia-based company active in the industry, do not hesitate to contact us.<\/p>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1463389497927{padding-right: 10% !important;padding-left: 10% !important;}”][vc_column][vc_empty_space height=”50px”][vc_column_text]\n

Aerospace Industry in Sofia<\/h2>\n[\/vc_column_text][vc_empty_space height=”70px”][vc_row_inner equal_height=”yes” content_placement=”middle” css=”.vc_custom_1566894539500{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column_inner width=”1\/2″][vc_column_text css=”.vc_custom_1572621558167{margin-bottom: 0px !important;}”]\n

The Global <\/strong>Development <\/strong>of the <\/strong>Aerospace<\/strong> Industry<\/strong><\/span><\/h3>\n

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  1. Space<\/strong> Industry<\/strong>: Currently a 400-billion-dollar industry, which is\u00a0<\/span>expected to<\/span> grow two- or threefold<\/a><\/strong>\u00a0in the next 25 years.
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  2. Aviation<\/strong>: The demand for passenger travel is increasing. This led to the\u00a0record high backlog<\/strong>\u00a0of<\/span> 14,215 commercial aircraft units<\/a> at the end of 2017. In September 2019, Airbus increased its forecast as it expects that 39 210 aircraft will be needed in the next 20 years.
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  3. Aerospace creates technological\u00a0innovations<\/strong>. The industry is popular for spinning off its breakthrough technologies into commercial products.
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  4. The industry\u00a0integrates advanced technologies from\u00a0multiple sectors<\/strong>\u00a0like mechanical engineering, computer science, electronics and materials.<\/span><\/li>\n<\/ol>\n[\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=”mobile-hide” width=”1\/2″ css=”.vc_custom_1464338113754{background-image: url(https:\/\/91.196.126.206\/soapi\/wp-content\/uploads\/2016\/05\/sofia-overview-1.jpg?id=2594) !important;}”][vc_single_image image=”21170″ img_size=”full”][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”80px”][\/vc_column][\/vc_row][vc_row content_placement=”middle” css=”.vc_custom_1571221925267{padding-right: 10% !important;padding-left: 10% !important;}”][vc_column][vc_row_inner equal_height=”yes” content_placement=”middle” gap=”30″][vc_column_inner el_class=”mobile-hide” width=”1\/2″ css=”.vc_custom_1464338129956{background-image: url(https:\/\/91.196.126.206\/soapi\/wp-content\/uploads\/2016\/05\/sofia-overview-4.jpg?id=2597) !important;}”][vc_single_image image=”17577″ img_size=”full”][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_column_text]\n

    Why the Aerospace Sector is a Great Opportunity for Sofia<\/strong><\/span><\/h3>\n

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    1. Aerospace is a high\u00a0value-added industry.\u00a0<\/span>High-end R&D talent<\/span> constitutes 20%<\/a>\u00a0<\/strong>of\u00a0its workforce.
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    2. Sofia has a\u00a0developed IT sector<\/strong>\u00a0and a significant R&D capacity.
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    3. The city already has\u00a0multiple companies<\/strong>, operating in the sector.
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    4. The European Space Agency (ESA) allocates around\u00a0\u20ac 3.5 billion annually<\/strong>\u00a0through auctions.\u00a0 You can learn more about the EU space policy<\/span>\u00a0here<\/a>.<\/span><\/li>\n<\/ol>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”80px”][\/vc_column][\/vc_row][vc_row content_placement=”middle” css=”.vc_custom_1566894534943{padding-right: 10% !important;padding-left: 10% !important;}”][vc_column][vc_row_inner equal_height=”yes” content_placement=”middle” gap=”30″][vc_column_inner width=”1\/2″][vc_column_text]\n

      Civil Aircraft<\/strong><\/span><\/h3>\n

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      Production and maintenance facilities for civil aircraft in Bulgaria were mostly founded after the year 2000.<\/span><\/p>\n

      The flagman of the industry is\u00a0Lufthansa Technik AG\u00a0<\/strong>in Sofia. Due to the exceptional skill set and professionalism of the Bulgarian mechanics, the facility quickly became the company\u2019s largest in Europe and is currently serving over 80 airlines. The company has invested over \u20ac100 mil. and employs 1100 people. Except for its 8 repair lines, Lufthansa Technik AG also founded its second incubator in Sofia after the one in Hamburg. Another aircraft maintenance company, the Bulgarian\u00a0Rose Air<\/strong> opened 3 repair lines in Sofia in 2013 to serve Europe\u2019s largest carriers.<\/span><\/p>\n

      The new production plant by the French\u00a0Latecoere\u00a0<\/strong>will invest \u20ac11 mil., creating 175 jobs by 2020. The plant will build elements for the doors of the Airbus 320 and 330 aircraft, as well as other equipment.<\/span><\/p>\n

      Since 2016, the American company\u00a0Woodward, Inc.\u00a0<\/strong>has a factory near Sofia Airport. The company produces components that control the fuel system and the propulsion mechanisms of the aircraft.<\/span>[\/vc_column_text][\/vc_column_inner][vc_column_inner el_class=”mobile-hide” width=”1\/2″ css=”.vc_custom_1571221221754{background-image: url(https:\/\/91.196.126.206\/soapi\/wp-content\/uploads\/2016\/05\/sofia-overview-4.jpg?id=2597) !important;}”][vc_single_image image=”21178″ img_size=”full”][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”80px” el_class=”mobile-hide”][\/vc_column][\/vc_row][vc_row content_placement=”middle” css=”.vc_custom_1566894534943{padding-right: 10% !important;padding-left: 10% !important;}”][vc_column][vc_row_inner equal_height=”yes” content_placement=”middle” gap=”30″][vc_column_inner el_class=”mobile-hide” width=”1\/2″][vc_single_image image=”21174″ img_size=”full”][\/vc_column_inner][vc_column_inner width=”1\/2″ css=”.vc_custom_1571221664992{background-image: url(https:\/\/91.196.126.206\/soapi\/wp-content\/uploads\/2016\/05\/sofia-overview-4.jpg?id=2597) !important;}”][vc_column_text]\n

      Education<\/strong><\/span><\/h3>\n

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