Bulgaria and Romania will be fully admitted to the Schengen area, said Walter Ruck, President of the Vienna Chamber of Commerce and Industry said during a meeting with Bulgarian Vice President Iliana Iotova in Vienna. Austrian businesses have always supported full membership which will accelerate business relations with Austria, he said further. “Bulgaria offers some of the best conditions for doing business,” Walter Ruck said.
On her part, Vice President Iotova said she expected rationality and wisdom of the countries members of the EU and a speedy decision for Bulgaria and Romania’s accession to Schengen by land. “Being an external EU border, Bulgaria is among the most secure countries,” she added.
Austria is second in the number of foreign investors in this country – Austrian companies, and firms operating in all sectors of the Bulgarian economy.
Within the frameworks of the initiative “Women in the economy”, Iliana Iotova held a series of meetings with women, among them many Bulgarian managers in different sectors of the Austrian economy.
Monthly inflation in the country was 2% in January and annual inflation was 3.7%. This is according to preliminary data from the National Statistical Institute (NSI). The biggest increases were in the prices of heating and utilities. According to the..
One of the largest Bulgarian companies for repairing civil aviation aircraft has chosen Burgas for a major investment in aircraft repair and maintenance, the Municipality of Burgas announced. The company will build one of the largest hangar complexes..
In 2024, Bulgaria's exports of goods to third countries decreased by 5.1% compared to 2023, amounting to EUR 15.4 billion (30 114.9 million BGN), according to data from the National Statistical Institute (NSI). Bulgaria's main trading partners..
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate..
+359 2 9336 661