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.
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
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