The flow of foreign direct investments to Bulgaria from January to October remained positive, but decreased sharply on an annual basis. Foreign investments reached 1.144 billion euros. This is 1.178 billion euros less than in the same period of 2020. In this way, the volume of investments shrank by 50.7% on an annual basis, according to preliminary data from the Bulgarian National Bank, which are subject to revision after December.
The central bank estimates that in October the flow of foreign direct investment was positive and totalled 238.5 million euros, while a year ago it was also positive in the amount of 119.4 million euros.
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
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