Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Indian companies to invest USD 55 million in Bulgaria

Companies from India will invest over USD 55 million in different projects in Bulgaria, said Deputy Economy Minister Alexander Manolev during a Bulgarian-Indian business forum in Sofia and added that over the past 10 years bilateral trade has gone up three times – from USD 79 million in 2006 yo USD 215 million in 2016.

The Indian investors expressed appreciation of the potential for development of the IT and outsourcing sector in Bulgaria. Sutherland Global Services has opened four outsourcing centres in the country. A total of 1,600 employees work at the company’s offices in Bulgaria, catering for the European market of leading world companies in more than 16 languages. Bulgarian companies are also successful on the Indian market in internet technologies, bitumen packing, veterinary pharmaceuticals etc.




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

President Rumen Radev in Vietnam

Bulgaria's President Rumen Radev begins his official visit to Vietnam

President Rumen Radev has arrived on an official visit to Vietnam . This is the first visit of a foreign head of state since the new President Leung Cuong took office in October this year. President Rumen Radev meets the Bulgarian community in..

published on 11/24/24 12:52 PM
Vazrazdane leader Kostadin Kostadinov

The Economic and Social Council with strong reaction against Vazrazhdane-proposed bill on foreign agents

The Economic and Social Council of the Republic of Bulgaria strongly criticizes the bill tabled by Vazrazhdane party on the registration of foreign agents submitted to the National Assembly. In a resolution, the Council described the proposals as..

published on 11/24/24 12:09 PM

An average of seven unemployed Bulgarians compete for one open position

An average of seven unemployed people are competing for one job across the country in 2024, according to the National Employment Agency. The unemployment rate in Bulgaria remained at 5.2% in October  The strongest competition is in the..

published on 11/24/24 11:55 AM