Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Germany is among top 3 investors in Bulgaria

Mitko Vassilev, chairman of the German-Bulgarian Chamber of Industry and Commerce
Photo: Library

Data from the Bulgarian National Bank for the period January-November 2020 shows that Bulgaria has attracted 141.1 million euros of German direct investment. According to this indicator, only the Netherlands and Austria are ahead of it, Mitko Vassilev, General Manager of the German-Bulgarian Chamber of Industry and Commerce, told Economy.bg. 


Due to the pandemic, for the same period trade marked an expected decline - by about 3% compared to the same period in 2019. Bulgaria has exported goods worth 4.24 billion euros to Germany, and imports amounted to 3.32 billion euros. 

During this year for the 17th time in a row, the German Economy Award will be presented to companies that have contributed to the development of German-Bulgarian economic relations.



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

Germany remains Bulgaria's largest foreign trade partner

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..

published on 1/31/25 9:32 AM
Bulgarian National Bank building

Bulgarian National Bank expects Bulgaria to meet price stability requirement for entering the Eurozone

Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..

published on 1/29/25 1:16 PM
Delyan Peevski

Two opposition parties call on the state to acquire Lukoil

"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...

published on 1/29/25 11:58 AM