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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 |

Bulgarian Minister of Economy reports record rise in investments

Bulgaria reports the highest growth of foreign direct investments (FDI) for the past 12 years. This is what Minister of Economy Bogdan Bogdanov said at a meeting with Christophe Debus, chief financial officer of the German company Flix and Petar Bankov,..

22.01.24 16:23 |

Bulgaria and India restore intensive diplomatic relations

Bulgaria and India aim to restore intensive diplomatic relations. Deepening of cooperation in various spheres was discussed during the working visit of National Assembly president Rosen Zhelyazkov to Delhi. Investments will be encouraged with the..

05.01.24 11:57 |
Minister Bogdanov

Large investment in the automotive industry expected at the beginning of the New Year

An investment of more than 600 million euros in the field of production of critical components for the automotive industry is expected to be made at the beginning of the New Year. "The Western European investor, which has..

27.12.23 11:53 |

Take a look at the most preferred sectors for investments in Bulgaria in 2023

One of the biggest changes in the Bulgarian economy following the 2008 world economic crisis is that export-oriented industries have become the motor of economic growth in the country.  A large portion of the investments made in this country are..

20.12.23 13:12 |
Bulgaria’s Minister of Economy Bogdan Bogdanov

Economy Minister: Foreign investments in Bulgaria increase

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..

17.07.23 10:57 |
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