Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused on the IT sector and the field of services as the most important areas of cooperation. It was pointed out that the five largest Indian IT companies have already opened offices in Bulgaria.
In recent years there has been significant interest from Indian companies for investments in Bulgaria in sectors such as agriculture, defense, pharmaceutical industry, engineering, clinical research, tourism. In order to activate the bilateral cooperation, holding a meeting of Bulgarian-Indian intergovernmental commission for economic cooperation is planned in the beginning of 2025.
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
Partly Cloudy