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Petar Ganev

Political instability deters foreign investment

The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..

08.04.24 10:04 |
Veliko Tarnovo Mayor Daniel Panov (L) and Ambassador Kenneth Merten (R)

Veliko Tarnovo wants to attract investments from the USA

Veliko Tarnovo Mayor Daniel Panov held a working meeting with the US Ambassador to Bulgaria Kenneth Merten. They discussed future projects and expansion of the partnership between Veliko Tarnovo Municipality and the US Embassy in Bulgaria, the..

19.02.24 12:31 |

Bulgaria-Saudi Arabia relations are rooted in pragmatism with a vision for the future: Mariya Gabriel

Bulgaria’s Deputy Prime Minister and Minister of Foreign Affairs Mariya Gabriel paid a visit to Saudi Arabia at the invitation of Foreign Minister Prince Faisal bin Farhan Al Saud . “Bulgaria and Saudi Arabia have traditionally good relations rooted..

24.01.24 08:39 |

Bulgarian Minister of Economy reports record rise in investments

Bulgaria reports the highest growth of foreign direct investments (FDI) for the past 12 years. This is what Minister of Economy Bogdan Bogdanov said at a meeting with Christophe Debus, chief financial officer of the German company Flix and Petar Bankov,..

22.01.24 16:23 |

Bulgaria and India restore intensive diplomatic relations

Bulgaria and India aim to restore intensive diplomatic relations. Deepening of cooperation in various spheres was discussed during the working visit of National Assembly president Rosen Zhelyazkov to Delhi. Investments will be encouraged with the..

05.01.24 11:57 |
Minister Bogdanov

Large investment in the automotive industry expected at the beginning of the New Year

An investment of more than 600 million euros in the field of production of critical components for the automotive industry is expected to be made at the beginning of the New Year. "The Western European investor, which has..

27.12.23 11:53 |

Take a look at the most preferred sectors for investments in Bulgaria in 2023

One of the biggest changes in the Bulgarian economy following the 2008 world economic crisis is that export-oriented industries have become the motor of economic growth in the country.  A large portion of the investments made in this country are..

20.12.23 13:12 |
Bulgaria’s Minister of Economy Bogdan Bogdanov

Economy Minister: Foreign investments in Bulgaria increase

In 2022, arms exports increased with 200% and amounted to EUR 1.6 billion. The growth in revenues is 220% compared to 2020", Bulgaria’s Minister of Economy Bogdan Bogdanov said for BNT.  2022 is the second year of the last 15 years with the highest..

17.07.23 10:57 |

765 million euro to be invested in transport connectivity policies

Over the next seven years, more than BGN 1.5 billion (EUR 765 million) will be invested in measures under the transport connectivity program , as the measures are important for improving the climate and for the implementation of..

22.06.23 14:07 |

Bulgarians are increasingly opting for Northern Greece as a tourist but also an investment destination

Many Bulgarians will once again travel to Greece for their summer holidays, even though prices have gone up there, in some parts by up to 30%. But one tendency is becoming more and more evident – besides for a holiday by the sea, more and more..

14.06.23 13:42 |
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