Bulgaria has registered an increase in its foreign direct investment in January-May 2012 year-on-year, according to the latest data of the Bulgarian National Bank released on Monday.
According to the Bulgarian National Bank's preliminary data, the foreign direct investment in Bulgaria for January - May 2012 increased by EUR 473.8 M (1.2% of GDP), compared to an increase of EUR 72.2 million (0.2% of GDP) for January – May 2011.
Bulgaria's attracted Equity Capital (acquisition/disposal of...
Wall Street legend and highly successful international investor, author and commodities expert, Jim Rogers has said he is considering investing in Bulgaria.
Bulgaria is among the few countries, in which he is considering investing right now, since they have made the most improvement since his latest trip around the world, the billionaire, currently based in Singapore, said in an interview for Gold Radio Cafй.
He joined the broadcast for a brief discussion on his new book "Street Smarts:...
An investment package of nearly EUR 150 M into the Bulgarian economy is being considered by leading copper producer Aurubis, the company's CEO Tim Kurt has said.
At a press conference, Kurt and the company's Secretary General Georgi Nikolov warned of a number of challenges that Bulgaria's business environment poses to businesses, such as the administrative burden.
Electricity prices for industrial consumers are also of concern, with the company paying EUR 50 per MWh in Bulgaria compared...
Stamen Yanev, Executive Director of the InvestBulgaria Agency, has suggested that Pleven anticipates investment amounting to EUR 30 M.
Speaking at a roundtable discussion uniting representatives of regional businesses and the central and local authorities, Yanev noted that it was too early to disclose details about the project.
The discussion on the development opportunities for the Pleven Municipality was attended by Deputy Prime Minister Meglena Kuneva, Deputy Economy Minister Daniela...
Sofia. Bulgaria’s direct investments abroad amounted to EUR 162 million in 2014 and EUR 1.8 billion for the past 10 years, Investor.bg estimated based on Bulgarian National Bank’s data, Standart daily reads.
Bulgarian investments abroad were 10.4% less in 2014 compared to 2013 and 3 times less than the peak of Bulgarian investments abroad in 2008. The volume of Bulgarian investments abroad is a few times smaller than the capital flows entering Bulgaria. Foreign direct investments (FDI) in...
According to preliminary data of the Bulgarian National Bank (BNB), foreign direct investment in Bulgaria recorded a net inflow of EUR 1.1816 B (2.8% of GDP) in January – December 2014, dropping by EUR 93.5 M (7.3%) from January – December 2013 (an inflow of EUR 1,275.1 M, 3.1% of GDP).
In December 2014 FDI grew by EUR 119.6 M, compared with an outflow of EUR 270 M in December 2013.
The equity capital (acquisition/disposal of shares and equities in cash and contributions in kind by...
Novinite.com is interviewing the ambassadors of EU member states, Bulgaria's main trading partners and neighbouring countries. Here we provide an interview with Spain's Ambassador to Bulgaria, H. E. Jose Luis Tapia.
H.E. Josй Luis Tapia Vicente, has a degree in Economic Science, and a Diploma of International Studies of the Diplomatic School. He was born on August 25, 1948, in Bйjar (Salamanca).
He began his diplomatic career in 1978, and has served in the Spanish diplomatic missions in...
Bulgaria posted a current account surplus equivalent to 0.9 percent of gross domestic product in the first eleven months of 2014, compared with a surplus of 2.9 percent in the same period last year, the central bank said on Friday.
For November alone, the current account showed a deficit of 90.5 million euros ($105.25 million), compared with a deficit of 38.7 million in the same period last year.
Foreign direct investment in the European Union member, stood at 1.22 billion euros, down from...
Foreign direct investment in Bulgaria in the first 10 months of 2014 was 804.9 million euro, the equivalent of two per cent of gross domestic product (GDP), Bulgarian National Bank (BNB) said on December 15. In the same period of 2013, FDI was 1.31 billion euro (3.2 per cent of GDP), but the original amount reported by BNB last year was 1.05 billion euro, which was revised upward later.
The FDI statistics showed a marked decline in October, given that the central bank data showed investment...
By the end of 2010, Bulgaria will likely have attracted a total of EUR 2 B in foreign direct investments, forecast Borislav Stefanov, head of the InvestBulgaria Agency.
This development would still be a substantial decline as in 2009 Bulgaria attracted a total of EUR 3.2 B of foreign investments, not to mention a comparison with the pre-crisis years: EUR 6 B in 2008, and EUR 9 B in the record 2007.
The top sectors that have drawn foreign direct investments in Bulgaria to date are the...
The German-Bulgarian Chamber of Industry and Commerce has presented to German Chancellor Angela Merkel in Sofia a plan for doubling the German investments in Bulgaria and the bilateral trade by 2015.
Mitko Vasilev, Chief Manager of the German-Bulgarian Chamber of Industry and Commerce (DBIHK), presented the "Action Plan 2015" to the German Chancellor at a business forum in Sofia Monday night organized in connection with Merkel's first ever visit to Bulgaria.
Merkel was the keynote speaker...
Bulgaria’s Cabinet has approved legislative measures providing for state aid and other incentives for foreign investments in projects entailing hi-tech industries, and research and development.
The Borisov government has adopted amendments to the Regulations for the Application of the Investment Encouragement Act.
The changes provide for a state aid to foreign investors reimbursing them with up to 50% for their spending on educational and research and development activities, and a...
Japanese dairy products maker Meiji has expressed interest in investing in Bulgaria’s southwestern region of Petrich, according to a media statement of the Petrich Municipality.
Bulgaria’s Deputy Economy Minister Lyuben Petrov met with representatives of Meiji in Sofia in early March.
Kazuo Kawamura, President of Meiji, will visit Petrich in the period April 7-9 to discuss concrete projects and investment proposals with representatives of the local authorities.
Although the core...
Bulgaria Translation