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April 2nd, 2009

Bulgaria to Allot E25 M to Set up Nanotechnology Company

Abstract:
Bulgaria's cabinet decided to set up a state-owned company dealing in nanotechnology. The venture will be called Bulgarian Centre of Nanotechnology JSC and its capitalization will amount to 25 million euros. "The creation of this company is a significant step towards building a research and industrial capacity in the fields of nanotechnology, nanomaterials, nanoproduction and micromachinery, which, undoubtedly, is going to have a positive overall effect on the economy of our country," reads the rationale for founding the company.

Source:
standartnews.com

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