Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

U.S companies show rising interest in the Bulgarian market

Photo: mi.government.bg

Work is underway on 18 projects with the participation of investors from the USA as the total value is over EUR 500 million. The projects will create 2,400 new jobs in Bulgaria. This is what Minister of Economy Nikola Stoyanov said at a meeting with representatives of American business in Bulgaria. The meeting was part of the "Breakfast with Investors" initiative. The minister added that US investments in this country are close to 850 million euros and companies show increased interest in Bulgaria. To this date, over 100 US companies have created more than 30,000 jobs.

According to Stoyanov, the U.S. market is among the main export destinations for Bulgarian high-tech products - mainly in the energy sector, the automotive industry, pharmaceuticals, etc.

Representatives of over 20 leading companies from the USA participated in the meeting with the minister. The discussion is organized with the support of the American Chamber of Commerce in Bulgaria.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The state will continue to provide compensation to businesses over the price of electricity

Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..

published on 7/26/24 3:13 PM

Bulgarians keep more than 75 billion euros in banks, money sent by emigrants is also growing

Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..

published on 7/25/24 9:45 AM

E-commerce to boost Bulgarian-Chinese trade turnover

Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..

published on 7/24/24 11:54 AM