Companies from India will invest over USD 55 million in different projects in Bulgaria, said Deputy Economy Minister Alexander Manolev during a Bulgarian-Indian business forum in Sofia and added that over the past 10 years bilateral trade has gone up three times – from USD 79 million in 2006 yo USD 215 million in 2016.
The Indian investors expressed appreciation of the potential for development of the IT and outsourcing sector in Bulgaria. Sutherland Global Services has opened four outsourcing centres in the country. A total of 1,600 employees work at the company’s offices in Bulgaria, catering for the European market of leading world companies in more than 16 languages. Bulgarian companies are also successful on the Indian market in internet technologies, bitumen packing, veterinary pharmaceuticals etc.
President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
Bulgarian President Rumen Radev has announced that as of October 20 this year he will travel to work in his personal car. “When a law is being adopted..
The government of South Africa is introducing a visa-free regime for Bulgarian citizens holding ordinary passports for stays of up to 90 days , the..
Two more F-16 Block 70 aircraft are expected to arrive in Bulgaria very soon. This was announced by the commander of the Air Force, Major General..
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