Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused on the IT sector and the field of services as the most important areas of cooperation. It was pointed out that the five largest Indian IT companies have already opened offices in Bulgaria.
In recent years there has been significant interest from Indian companies for investments in Bulgaria in sectors such as agriculture, defense, pharmaceutical industry, engineering, clinical research, tourism. In order to activate the bilateral cooperation, holding a meeting of Bulgarian-Indian intergovernmental commission for economic cooperation is planned in the beginning of 2025.
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..
In 2024, the real estate market in Bulgaria registered a significant rise, with prices increasing by around 16%, and the number of real estate transactions going up as well. Real estate prices along the Black Sea coast have continued to grow,..
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious proportions at the time of the pandemic, though expectations that it is going to burst have come to nothing...
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