Despite the Covid-19 crisis, since the beginning of 2020, certificates to 22 projects totaling 363 million euros have been issued under the Investment Promotion Act, as they have the potential to create 3203 new jobs. This was announced by the..
The Minister of Economy Lachezar Borisov presented 4 certificates for investments class "A", the Minister's press center announced. "Harmony 2012" in Kardzhali invests 23 million euros in a plant for processing zinc-containing materials. Alcomet in..
In order to realize the idea of Bulgaria being a nearshoring destination, the rule of law and fight against corruption are needed, said Olivier Marquette, President of the American Chamber of Commerce in Bulgaria. At an online conference on the..
The most important question all countries of Europe, and the world, are now facing is: what are the most effective ways for economic recovery? The pandemic and the subsequent restrictions have had a dire effect on growth spreading to practically..
In 2019, Luxembourg’s investments in Bulgaria amounted to EUR 1.35 billion. We are the third largest investor in Bulgaria, this country’s Minister for Foreign Affairs Jean Asselborn pointed out during the official visit of Bulgaria’s Foreign Minister..
Tax policy must not change if we want to attract investments. Bulgaria should be the Silicon Valley of Europe in the minds of the foreign investors, Petar Ivanov, Executive Director of the American Chamber of Commerce in Bulgaria said. There are no..
According to data of the Bulgarian National Bank, foreign investments in Bulgaria increased by 100 million euros in the first quarter of 2020 compared to the same period of 2019. By the end of March, more than 254m euros were invested in the..
A Consortium of European and Asian companies is planning to build a factory for electric vehicles in Bulgaria. A memorandum of intentions for construction of this factory was signed in the presence of Bulgaria’s Deputy Premier for Economic and..
Bulgaria, which is the poorest country in the EU, attracts a large volume of foreign green-field investments in the information and communication technologies, Financial Times writes. In four years, the volume of these investments increased five times..
Bulgaria’s Gross Domestic product in the third quarter of 2019 amounts to EUR 16,241 billion, or EUR 2,323 per capita, preliminary data of the National Statistical Institute show. 68.4% of the GDP was used for final consumption. Investments formed..
