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.
‘This is not the time for early elections,’ said Prime Minister Rosen Zhelyazkov at a GERB party conference. According to BTA, he was opposed to holding elections during the country’s planned adoption of the euro in 2026. GERB chairman Boyko..
The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group. The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..
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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..
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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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