Investments of over BGN 1 billion were certified last year under the Investment Promotion Act and this is a record amount for the last six years, the Ministry of Economy informs. The 34 projects for which the funds are targeted provide for the creation of nearly 4,500 new jobs.
Only ten of the projects will be implemented in Sofia, and the rest will be carried out across the country, including in three municipalities with above-average levels of unemployment.
The fact that seven projects are allocated for expanding the existing production can be interpreted as an important sign of investor confidence in the business environment in Bulgaria, even in the global crisis, said Economy Minister Lachezar Borisov.
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
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