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..
The Japanese company "Tri-Wall Bulgaria" is among the newest investors in the Trakia Economic Zone. Representatives of the company officially announced their investment during a visit by caretaker Minister of Innovation and Growth Rosen..
A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..
Bulgaria is ready to support investments in the development of digital infrastructure and connectivity, said President Rumen Radev at a meeting with representatives of leading companies from the state of Virginia, USA, working in the..
The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show. According to them, the..
In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023 . The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute. The GDP..
Bulgaria and Vietnam will work to further deepen bilateral economic exchanges and mutual investments, President Rumen Radev and Vietnam's Minister of Industry and Trade Nguyen Hong Dien said. Nguyen Hong Dien is also chair on the Vietnamese side of..
The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..
The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..
Veliko Tarnovo Mayor Daniel Panov held a working meeting with the US Ambassador to Bulgaria Kenneth Merten. They discussed future projects and expansion of the partnership between Veliko Tarnovo Municipality and the US Embassy in Bulgaria, the..
