BULGARIAN COMPANY INVESTS 7.5 MILLION BGN IN THE EXPANSION OF A LOGISTICS BASE IN THE VILLAGE OF RADINOVO

The Deputy Minister of Innovation and Growth, Stefan Savov, presented a class “A” certificate under the Investment Promotion Act (IPA) to “Interlink Group” AD. The company invested BGN 7.5 million in the expansion of the “Technolink Park 2” logistics base in the village of Radinovo, part of the Trakia Economic Zone. “I congratulate “Interlink Group” […]

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Business climate indicator up 3.5% in November, M/M

In November 2022, the total business climate indicator increased by 3.5% month-on-month, the National Statistical Institute reported on Tuesday. The indicator grew in all observed sectors – industry, construction, retail trade, and services. The composite indicator business climate in industry increased by 0.8%, due to the more favourable industrial entrepreneurs’ assessments and expectations about the […]

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Bulgaria, Romania consider building two hydro-power stations along Danube

Bulgarian caretaker Energy Minister Rosen Hristov and his Romanian counterpart Virgil-Daniel Popescu discussed the opportunity for building two hydro-power stations along the joint section of the Danube between the two neighbours, Hristov’s ministry said in a press release. The two officials met in Athens where they take part in the 1st Athens Ministerial Energy Dialogue organized […]

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Bulgaria ranks 23rd in the 2022 Index of Economic Freedom – among the freest countries

Bulgaria marks unprecedented growth in the global ranking of economic freedom. The country ranks 23rd out of 165 countries and territories included in the Economic Freedom Around the World 2022 study, published by the Market Economy Institute in association with Canada’s Fraser Institute. This year’s edition is based on 2020 data (the latest internationally comparable data for all countries). […]

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43 investment intent projects for nearly BGN 2 billion are in the process of certification

InvestBulgaria Agency reports that currently there are 43 investment intent projects for nearly BGN 2 billion in the process of certification which are expected to create nearly 3,300 new jobs. In the last week, four new projects for over BGN 75 million and 416 new jobs were certified in Strelcha, Blagoevgrad, Plovdiv and Sofia region. […]

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BCCI promotes renewable energy sources to entrepreneurs

The Bulgarian Chamber of Commerce and Industry (BCCI) stimulates and encourages every single entrepreneur in this unpredictable economic and political environment to switch to renewable energy sources (RES) for their own needs, said BCCI’s President Tsvetan Simeonov at the third conference from the Regional Approach 2022 series in Sofia. Simeonov emphasized that the Chamber has […]

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BCCI presents the 13th edition of “Bulgaria in figures®”

The Bulgarian Chamber of Commerce and Industry presents the 13th edition of the brochure “Bulgaria in figures®”.  The publication reports on the main macroeconomic indicators of the country for the past five years and pays special attention to Bulgaria’s place in international classifications and rankings, which is the first contact of foreign investors with the reality […]

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Conference “Strategic Infrastructure and Investments 2022”

7 July, Sofia Hotel Balkan Major accents: Transport: condition of the networks and key sites in the transport infrastructure, priority sites for construction or renovation, financing of their quality construction, and professional support. Energy: decentralized production, local renewable energy sources, smart networks, and a liberalized market. IT infrastructure: IT infrastructure is becoming increasingly important for the good functioning […]

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How Plovdiv became Bulgaria’s economic center

Over the past years Plovdiv became one of the largest industrial centers in Southeastern Europe. Local authorities in the face of Municipality of Plovdiv actively work with the local business organizations to attract new investments. “It’s not a coincidence. Plovdiv has been laying the groundwork in order to position itself on investors’ shortlist,” said Dr. Mitko […]

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