Work is underway on 18 projects with the participation of investors from the USA as the total value is over EUR 500 million. The projects will create 2,400 new jobs in Bulgaria. This is what Minister of Economy Nikola Stoyanov said at a meeting with representatives of American business in Bulgaria. The meeting was part of the "Breakfast with Investors" initiative. The minister added that US investments in this country are close to 850 million euros and companies show increased interest in Bulgaria. To this date, over 100 US companies have created more than 30,000 jobs.
According to Stoyanov, the U.S. market is among the main export destinations for Bulgarian high-tech products - mainly in the energy sector, the automotive industry, pharmaceuticals, etc.
Representatives of over 20 leading companies from the USA participated in the meeting with the minister. The discussion is organized with the support of the American Chamber of Commerce in Bulgaria.
The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
Clear
Partly Cloudy
Mostly Cloudy
Partly cloudy, chance of rain