Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Economy Minister: Foreign investments in Bulgaria increase

Bulgaria’s Minister of Economy Bogdan Bogdanov
Photo: BGNES-archive

In 2022, arms exports increased with 200% and amounted to EUR 1.6 billion. The growth in revenues is 220% compared to 2020", Bulgaria’s Minister of Economy Bogdan Bogdanov said for BNT. 

2022 is the second year of the last 15 years with the highest growth of investments in Bulgaria, Minister Bogdanov went on to say. The trend continues in 2023. In the first 4 months of 2023 investments increased with 60% year- on-year. Minister Bogdanov commented that every day he meets with international investors and local companies which aim to expand their production capacity and are optimistic about the forthcoming entry of Bulgaria into Schengen and the Eurozone. The greatest interest is in the regions with developed infrastructure such as Plovdiv and Burgas. Last year the coastal city ranked first in the country in terms of attracting foreign direct investments. We are working to establish Ruse, Pleven and Vidin in Northern Bulgaria as investment centers, Minister Bogdanov added.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian-Ecuadorian business forum to be held in March

A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador office in Italy, accredited for Bulgaria.  The event will take place on March 13, 2025 at the..

published on 2/28/25 2:03 PM

USA is among the main destinations for Bulgarian high-tech exports

The USA is among Bulgaria's leading foreign trade partners, the US market is among the main export destinations for Bulgarian high-tech products . This was announced by the Minister of Economy and Industry, Petar Dilov, at the opening of the Explore..

published on 2/27/25 7:41 PM

Bulgarian-Greek business forum opens in Sofia

A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by the Bulgarian-Greek Chamber of Commerce and Industry and the Bulgarian Chamber of Commerce and..

published on 2/27/25 3:41 PM