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Germany is among top 3 investors in Bulgaria

published on 1/28/21 6:58 PM

Mitko Vassilev, chairman of the German-Bulgarian Chamber of Industry and Commerce

Photo: Library

Data from the Bulgarian National Bank for the period January-November 2020 shows that Bulgaria has attracted 141.1 million euros of German direct investment. According to this indicator, only the Netherlands and Austria are ahead of it, Mitko Vassilev, General Manager of the German-Bulgarian Chamber of Industry and Commerce, told Economy.bg.

Due to the pandemic, for the same period trade marked an expected decline - by about 3% compared to the same period in 2019. Bulgaria has exported goods worth 4.24 billion euros to Germany, and imports amounted to 3.32 billion euros.

During this year for the 17th time in a row, the German Economy Award will be presented to companies that have contributed to the development of German-Bulgarian economic relations.

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Radio Bulgaria Economy Bulgarian National Bank direct investment German-Bulgarian Chamber of Industry and Commerce Germany

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