Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Economy Minister: Foreign investments in Bulgaria increase

Bulgaria’s Minister of Economy Bogdan Bogdanov
Photo: BGNES-archive

In 2022, arms exports increased with 200% and amounted to EUR 1.6 billion. The growth in revenues is 220% compared to 2020", Bulgaria’s Minister of Economy Bogdan Bogdanov said for BNT. 

2022 is the second year of the last 15 years with the highest growth of investments in Bulgaria, Minister Bogdanov went on to say. The trend continues in 2023. In the first 4 months of 2023 investments increased with 60% year- on-year. Minister Bogdanov commented that every day he meets with international investors and local companies which aim to expand their production capacity and are optimistic about the forthcoming entry of Bulgaria into Schengen and the Eurozone. The greatest interest is in the regions with developed infrastructure such as Plovdiv and Burgas. Last year the coastal city ranked first in the country in terms of attracting foreign direct investments. We are working to establish Ruse, Pleven and Vidin in Northern Bulgaria as investment centers, Minister Bogdanov added.




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

International Technical Fair 2025 kicks off in Plovdiv

Plovdiv is hosting the 79th International Technical Fair from September 24 to 27, 2025 , bringing together leading companies, innovators, and industry professionals. The Forum highlights technological advancement and sustainable development across key..

published on 9/24/25 8:55 AM
Fabian Bornhorst, head of the IMF mission in Bulgaria (R), and Svetlomira Porova, journalist at Capital Daily.

IMF: Bulgaria must strengthen fiscal discipline

Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management of transition risks, and accelerated structural reforms , the International Monetary Fund (IMF)..

published on 9/23/25 5:16 PM

Bulgaria's wine sector sees poor grape harvest amidst growing investment interest

In mid-September, the traditionally great Christian feast of the Holy Cross (September 14) marks the beginning of one of the most anticipated agricultural processes – the grape harvest campaign. 2025 is no exception, but due to a number of factors, the..

published on 9/18/25 1:10 PM