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)

Germany Interested in Bulgarian Agricultural Products
Date: 21/01/2011
Germany Interested in Bulgarian Agricultural Products

German companies are interested in purchasing Bulgarian agricultural products, said Svetoslav Simeonov, CEO of the Bulgarian Agriculture Fund.

On Friday, Simeonov participated in a Bulgarian-German business meeting during the international public exhibition for food, agriculture and gardening industry, Greek Week, in Berlin.

The Vice-president of the German retailer "Metro", Michael Widmann, said that he wants Bulgaria to deliver agricultural products, mainly fruits and vegetables, for sale in the Metro stores abroad.

However, Simeonov said that the company is facing difficulties purchasing products from Bulgaria because it has to negotiate with a large number of farmers.

The Metro VP has suggested that if farmers get together in unions, negotiating of large quantities of products would be much easier. Widmann also expressed the country's willingness to promote Bulgarian products to third markets, like Rusia.

According to the German business, Bulgaria provides good conditions for production of bio products in large quantities because the soils are of high quality and because they have not been treated with chemicals in the last 20 years. However, the problem is that the agricultural lands in the country are parcelled out.

Simeonov also pointed out that German banks are interested in funding Bulgarian projects that are approved under operational program for rural areas development. In his words, the subsidy for such programs in Bulgaria is 50%, while it is only 20% in Germany, and that is of serious interest to German banks.

Nine Bulgarian companies will be presented at the fair that will be held January 21-30 in Berlin, according to the Bulgarian Agriculture Ministry, which is organizing the country's participation.

Last year, 13 Bulgarian companies participated in Green Week. Bulgaria also submitted its bid for partnership of the fair, which could be approved in 2013 the earliest.

Topic: Economy

Featured District
Invest Bulgaria Charts
Tax Revenue of Bulgaria
Tax Revenue of Bulgaria

FDI as Percent of GDP in Bulgaria
FDI as Percent of GDP in Bulgaria

See all charts
Did You Know?
Making a toast when drinking liquor is de rigeur. When toasting, raise your glass and lightly clink ... More

Rila Monastery was founded in 10 century by St. Ivan of Rila. It is the greatest Bulgarian monastery - unique architecture, exquisite wall paintings, brilliant iconostasis, a rich collection of icons and old manuscripts - a true masterpiece of the National Revival Period. Under UNESCO's protection, Rila Monastery is one of Bulgaria's biggest sanctuaries.

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

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2019 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.

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