Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused on the IT sector and the field of services as the most important areas of cooperation. It was pointed out that the five largest Indian IT companies have already opened offices in Bulgaria.
In recent years there has been significant interest from Indian companies for investments in Bulgaria in sectors such as agriculture, defense, pharmaceutical industry, engineering, clinical research, tourism. In order to activate the bilateral cooperation, holding a meeting of Bulgarian-Indian intergovernmental commission for economic cooperation is planned in the beginning of 2025.
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
Mostly Cloudy
Partly Cloudy
Rain
Cloudy
Overcast, rain