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Norway's Bergen Considers Bulgaria's Northwest for Investments
Date: 03/12/2010
Norway's Bergen Considers Bulgaria's Northwest for Investments

A delegation from Bulgaria's Northwest, the poorest EU region, has participated in a specially designed investment forum in Bergen, Norway.

The delegation of representatives of local authorities from the "Severozapaden" Region in Bulgaria, including the District Governor of Vidin Plamen Stefanov, and the mayors of the town of Belogradchik and several villages, has met with the Bergen Mayor Gunnar Bakke.

It also took part in an investment forum in Bergen entitled "Bulgaria – New Region for Good Investments", where its members presented investment opportunities in Bulgaria's Northwest, organized by the Bergen Chamber of Commerce.

The visit of the delegation to Bergen is part of a project entitled InvestNorthWest administered by the Bulgarian Investment Forum, focusing on improving the competence and capacities of the local authorities in Bulgaria's Northwestern Planning Region for attracting investments.

The project has been developed with the financial support of Iceland, Lichtenstein, and Norway under the Financial Mechanism of the European Economic Area.

Local media in Bergen have observed that more and more Norwegian companies are interested in investment opportunities in Bulgaria.

Bulgaria's Severozapaden Region (as it is listed by the Nomenclature of Territorial Units for Statistics or NUTS) is the poorest EU region. It includes the districts of Vidin, Vratsa, Montana, Lovech and Pleven.

Topic: Business

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