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Trakia Economic Zone attracts new investors

The Japanese company "Tri-Wall Bulgaria" is among the newest investors in the Trakia Economic Zone. Representatives of the company officially announced their investment during a visit by caretaker Minister of Innovation and Growth Rosen..

17.10.24 09:10 |
Caretaker Minister of Innovation and Growth Rosen Karadimov

A Taiwanese technology giant wants to build a factory near Plovdiv

A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..

16.10.24 18:14 |

Bulgarian President meets US business delegation

Bulgaria is ready to support investments in the development of digital infrastructure and connectivity, said President Rumen Radev at a meeting with representatives of leading companies from the state of Virginia, USA, working in the..

15.10.24 09:28 |
BNB

The largest flow of investments to Bulgaria is from the Netherlands, outflow is to Russia

The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show.  According to them, the..

20.09.24 18:03 |

At the beginning of 2024 economy reports weak growth with a drop in imports and exports

In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023 . The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute. The GDP..

07.06.24 11:59 |
Nguyen Hong Dien (L) and Rumen Radev (R)

Bulgaria and Vietman to deepen bilateral cooperation

Bulgaria and Vietnam will work to further deepen bilateral economic exchanges and mutual investments, President Rumen Radev and Vietnam's Minister of Industry and Trade Nguyen Hong Dien said. Nguyen Hong Dien is also chair on the Vietnamese side of..

14.05.24 08:43 |

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..

02.05.24 17:42 |
Petar Ganev

Political instability deters foreign investment

The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..

08.04.24 10:04 |
Veliko Tarnovo Mayor Daniel Panov (L) and Ambassador Kenneth Merten (R)

Veliko Tarnovo wants to attract investments from the USA

Veliko Tarnovo Mayor Daniel Panov held a working meeting with the US Ambassador to Bulgaria Kenneth Merten. They discussed future projects and expansion of the partnership between Veliko Tarnovo Municipality and the US Embassy in Bulgaria, the..

19.02.24 12:31 |

Bulgaria-Saudi Arabia relations are rooted in pragmatism with a vision for the future: Mariya Gabriel

Bulgaria’s Deputy Prime Minister and Minister of Foreign Affairs Mariya Gabriel paid a visit to Saudi Arabia at the invitation of Foreign Minister Prince Faisal bin Farhan Al Saud . “Bulgaria and Saudi Arabia have traditionally good relations rooted..

24.01.24 08:39 |
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