Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of National and World Economy in Sofia, the German-Bulgarian Chamber of Industry and Commerce presented the 21st Awards of the German Economy in Bulgaria.
The awarded companies are in three categories. The computer software company SAP Labs Bulgaria received the award in the category "Large Enterprise with a Focus on Innovation". Robot maker Simobotics was awarded in the category "Small and Medium-sized Enterprise with a Focus on Innovation". Kaufland Bulgaria won the award in the category ''ESG: Environmental, Social and Governance''.
Germany is a strategic partner of Bulgaria, leading both in trade and investments, emphasized Bulgaria’s Minister of Economy and Industry Petar Dilov. He described German companies as reliable and long-term investors, despite the challenging economic situation in the past year.
Germany supports Bulgaria's economic integration with the European family, including its membership in Schengen and its future entry into the eurozone, said the Ambassador of Germany to Bulgaria, Irene Maria Plank.
Bulgaria is among the most dynamic and promising economies in Southeastern Europe, said Prime Minister Rosen Zhelyazkov. He participated in a luncheon roundtable discussion in New York organized by the Delphi Economic Forum and the Business Council..
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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)..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency,..
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