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

Investments worth over BGN 1 billion certified in 2020

Photo: Archive

Investments of over BGN 1 billion were certified last year under the Investment Promotion Act and this is a record amount for the last six years, the Ministry of Economy informs. The 34 projects for which the funds are targeted provide for the creation of nearly 4,500 new jobs. 

Only ten of the projects will be implemented in Sofia, and the rest will be carried out across the country, including in three municipalities with above-average levels of unemployment. 

The fact that seven projects are allocated for expanding the existing production can be interpreted as an important sign of investor confidence in the business environment in Bulgaria, even in the global crisis, said Economy Minister Lachezar Borisov.




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

May 13 is Tax Freedom Day in 2024

The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury. This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to..

published on 5/13/24 9:58 AM

Survey: Almost half of Bulgarians sceptical about euro adoption

47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards. This is the result of a national survey conducted by the Market Links agency between 27 April and..

published on 5/10/24 10:39 AM

OECD expects inflation in Bulgaria to slow from 9.5% in 2023 to 3.0% in 2024

The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..

published on 5/2/24 5:42 PM