Text size

Germany is among top 3 investors in Bulgaria

published on 1/28/21 6:58 PM

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!

Radio Bulgaria Economy Bulgarian National Bank direct investment German-Bulgarian Chamber of Industry and Commerce Germany

More from category

Bulgarian-Ecuadorian business forum to be held in March

A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador office in Italy, accredited for Bulgaria. The event will take place on March 13, 2025 at the..

published on 2/28/25 2:03 PM

USA is among the main destinations for Bulgarian high-tech exports

The USA is among Bulgaria's leading foreign trade partners, the US market is among the main export destinations for Bulgarian high-tech products . This was announced by the Minister of Economy and Industry, Petar Dilov, at the opening of the Explore..

published on 2/27/25 7:41 PM

Bulgarian-Greek business forum opens in Sofia

A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by the Bulgarian-Greek Chamber of Commerce and Industry and the Bulgarian Chamber of Commerce and..

published on 2/27/25 3:41 PM