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Political instability is a major challenge for German investors in Bulgaria

The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..

24.10.24 09:15 |

E-commerce to boost Bulgarian-Chinese trade turnover

Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..

24.07.24 11:54 |

Trade turnover between Bulgaria and Greece reaches a record of 4.5 billion euros

Bulgaria's full accession to Schengen will give an additional boost to the relations between Bulgaria and Greece, Greek Foreign Minister Giorgos Gerapetritis said at a briefing in Sofia. The guest pointed out that people-to-people..

27.02.24 13:40 |
Caretaker Economy Minister Nikola Stoyanov (right) and Egyptian Ambassador to Bulgaria Khalid Emara

Export of Bulgarian cereals to Egypt grows

The trade between Bulgaria and Egypt grew by 40% in 2022 compared to the previous year and amounted to USD 828.34 million, Economy Ministry reported after a meeting between caretaker Economy Minister Nikola Stoyanov and Egyptian Ambassador to Bulgaria..

10.04.23 16:24 |

Turkey - most preferred partner for Bulgarian business

Germany has lost its former leading position as the most preferred business partner for Bulgarian companies , according to a recent survey by the Bulgarian Chamber of Commerce and Industry.  The leading position is now held by Turkey, Bulgaria's..

26.03.23 08:05 |

Export of energy sources from USA to Bulgaria has grown more than 30 times

Bulgaria exports goods worth 1.2 billion USD to the USA, which represents stable growth. This is evident from in the Transatlantic Economy 2023 study, presented on March 21 in Brussels and Washington. The document was..

22.03.23 16:02 |

Bulgaria’s commercial attachés join battle for lower food prices

Bulgarian Minister of Economy, Nikola Stoyanov, has ordered Bulgaria's trade representatives abroad to collect data on the prices of more than 20 basic food products. The list of products includes flour, oil, rice, beans, sugar, milk, butter,..

28.02.23 18:35 |
HE Annick Goulet, Ambassador of Canada to Romania, Bulgaria and Moldova with Economy Minister Nikola Stoyanov

Bulgaria invites Canadian investors to Bulgaria

At a forum in Bulgaria, opportunities for Canadian businesses for investment and joint activity with Bulgarian companies will be presented.  This was agreed at a meeting between Bulgaria's Minister of Economy and Industry, Nikola Stoyanov, and the..

06.02.23 17:16 |

Hungary imported 4.8 billion cubic meters of natural gas through Bulgaria in 2022

Trade between Bulgaria and Hungary could exceed 1 billion euros in 2023, caretaker Minister of Foreign Affairs Nikolay Milkov said at a press conference after a meeting with his Hungarian counterpart Péter Szijjártó. This is a very..

16.01.23 13:47 |

Trade turnover between Bulgaria and North Macedonia to mark 25-percent rise in 2022

Bulgarian-North Macedonian business forum will be held in early December in Skopje. In 2022, bilateral trade is expected to exceed 1 billion euros, compared to 747 million euros in 2021. For the first 8 months of 2022, the turnover..

29.11.22 11:38 |
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