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French investments in Bulgaria exceed 1 billion euros

Direct investments from France in Bulgaria amount to 1.028 billion euros. There are 200 French companies operating in Bulgaria which have created over 15,000 jobs.   This became clear at a meeting in the format of "breakfast with investors", which..

01.11.22 16:54 |
Minister of Innovation and Growth Daniel Lorer

Skopje hosts the first meeting of Bulgaria-North Macedonia Working Group on Economy, Trade and Innovation

Skopje is to host today the first meeting of the Working Group on Economy, Trade and Innovation between Bulgaria and the Republic of North Macedonia, Bulgaria’s Ministry of Economy announced. The Bulgarian delegation is headed by the Minister of..

01.02.22 05:05 |
US Ambassador Herro Mustafa

US Ambassador Mustafa: Bulgaria needs investment, innovation and integration

Despite the pandemic and the decline in 2020 by 11 percent in trade between Bulgaria and the United States, in 2021 it has seen an increase by 25%. The United States has invested $ 2.5 billion in Bulgaria and created 30,000 jobs, US Ambassador to Sofia..

15.12.21 12:48 |

BIA: The pandemic continues to worsen Bulgaria's business climate

A study of the Bulgarian Industrial Association (BIA) for the country's business climate shows that in 2021 the negative trend of 2020  trigged by the Covid crisis  continues . Only 9% of the respondents see an improvement in the business..

13.12.21 14:17 |

Government has called on trade attachés to increase activities

Minister of Economy Kiril Petkov and Minister of Tourism Stella Baltova have held a video conference meeting with the trade attachés of Bulgaria. The ministers called for hard work in order to present the country as a first-class destination for..

02.06.21 11:48 |
Olivier Marquette

Trade between Bulgaria and USA exceeds USD 1 billion in 2020

“Bulgaria has a huge potential to attract more investments”, said the President of the American Chamber of Commerce in Bulgaria (AmCham) Olivier Marquette at a meeting with Bulgaria’s Premier Boyko Borissov.  Olivier Marquette noted that Bulgaria..

01.04.21 14:48 |
Dr. Mitko Vasilev

Bulgaria-Germany trade marks slight decrease in 2020: forecast

Trade between Bulgaria and Germany is expected to decline by nearly 6% in 2020 to about EUR 8 billion. In 2019, the Bulgaria-Germany trade amounted to EUR 8.5 billion. This is not a dramatic decline, Dr. Mitko Vasilev, CEO at the German-Bulgarian..

22.01.21 13:08 |

2,700 traders call for working capital support because of Covid-19

So far, nearly 2,700 traders have requested working capital support through the National Revenue Agency, it was reported. Under this scheme, traders affected by anti-epidemic measures due to the spread of Covid-19 can receive 20 or 10% of their turnover..

04.01.21 15:06 |
Minister Lachezar Borisov

GDP loss could reach EUR 500 million: Economy minister

As Minister of Economy I did not want to see this sector closed. However, the new restrictions will last for 3 weeks only. On December 21, the business will start functioning again. We need to take into account the epidemic situation and think about..

26.11.20 10:33 |

During pandemic, Bulgarians shop the least in EU

For the third month in a row, Bulgaria ranks first in the EU in terms of annual decline in retail trade , according to Eurostat. Retail trade in Bulgaria declined by 17.5% on an annual basis in July, while for the EU as a whole, the indicator fell..

04.09.20 11:50 |
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