Ukrainian companies have expressed interest in relocating their businesses to Bulgaria, Bogdan Bogdanov, Executive Director of InvestBulgaria Agency (IBA), told BNR, ahead of today's joint online forum with the Ukrainian Chamber of Commerce and Industry.

These are Ukrainian companies that already have a presence on the Bulgarian market and wish to expand their operations here, or IT companies that intend to open offices in Bulgaria to relocate some of their employees, Bogdanov explained. Manufacturing companies are also showing interest. According to Bogdanov, IBA reached out to Bulgarian municipalities with higher unemployment rates so that it could offer Ukrainian companies specific locations with a workforce that could be engaged.

IBA hopes that by creating partnerships now, Bulgarian companies will be able to export to Ukraine in the future and participate in Ukraine's recovery.