Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria Invites BMW, EADS to Invest
Date: 21/10/2010
Bulgaria Invites BMW, EADS to Invest

Economy Minister Traikov has invited German car-maker BMW and the European Aeronautics Defense and Space Company (EADS) to consider investment options in Bulgaria.

Traikov met with representatives of BMW and EADS in Munich on Thursday, on his second day from his visit to Germany's Free State of Bavaria. He was accompanied by the Bavarian Minister of Economy, Infrastructure, Transport, and Technology Martin Zeil.

"Bulgaria is creating favorable opportunities, and is encouraging investment activity in the filed of IT, green technologies, and energy efficiencies. We are focusing on products with high added value. Germany is already registering growth after the crisis and will start looking for opportunities abroad. We want to attract its focus on Bulgaria," Traikov commented after meeting with representatives of the Bavarian government and German companies.

"Bulgaria is not a producer of cars but we are a good producer of car parts and components," the Economy Minister told the management of BMW at a meeting, according to the Council of Ministers press service.

The BMW management has praised the work of a Bulgarian company, whose name was not revealed, as a provider of car components, and said the company intended to expand its partnership with Bulgarian companies. Traikov invited BMW to consider Bulgaria as an investment destination with respect to the production of electric cars.

With EADS, the largest European airspace and defense concern, Traikov discussed options for offset deals. His meeting with EADS in Munich is said to be a follow-up of talks at the Bulgarian Economy Ministry, which presented to the concern 60 companies that could be of investment interest.

Traikov and Zeil also had talks with representatives of the Munich Chamber of Handicrafts.

Topic: Investments

Featured District
Invest Bulgaria Charts
Trade Balance of Bulgaria
Trade Balance of Bulgaria

Net Domestic Assets of Bulgaria
Net Domestic Assets of Bulgaria

See all charts
Did You Know?
The Bulgarian winter resort of Bansko has become on of the hottest skiing destination in Europe ... More

Bulgaria has a culture and tradition dating back for 1300 years. Bulgarians are proud of their heritage and feel that it rightfully deserves its place in the diversity of European cultures. Bulgaria has rich and unique folklore - distinctive music and dances, rituals and tales.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.

Our Featured Members