FDI in Bulgaria in January-July 2022 was 924.9M EUR
Foreign direct investment in Bulgaria in the first seven months of 2022 stood at 924.9 million euro, the equivalent of 1.2 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on September 19.... Read More →
FDI in Bulgaria in Q1 2022 was 1.06B EUR
Foreign direct investment in Bulgaria in the first three months of the year stood at 1.06 billion euro, the equivalent of 1.4 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on May... Read More →
Business climate in Bulgaria improved in January 2022
A regular monthly poll by the National Statistical Institute (NSI) has found that managers see the business climate in Bulgaria as having improved, the second consecutive month of perceived improvement, following several months in a row of decline in 2021.... Read More →
Fitch re-affirms Bulgaria’s ‘BBB’ credit rating, outlook remains positive
Fitch Ratings has re-affirmed Bulgaria’s sovereign long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB’, maintaining a positive rating outlook. The credit ratings agency said that the outlook reflected “the dissipation of macroeconomic risks stemming from the Covid-19... Read More →
Bulgaria reports 2.5% economic growth in Q1 2021
Bulgaria’s economy grew by 2.5 per cent in the first quarter of the year, according to preliminary data announced by the National Statistical Institute (NSI) on June 8. The figure was in line with NSI’s flash estimate released last month.... Read More →
EU winter economic forecast raises Bulgaria 2021 growth estimate to 2.7%
The European Commission was more optimistic about Bulgaria’s economic growth expectations this year and in 2022, raising both target figures in its winter economic forecast, released on February 11. The revised forecast for 2021 is 2.7 per cent, 0.1 percentage... Read More →
Europe Invests in Supercomputer System in Bulgaria
The European High-Performance Computing Joint Undertaking, which pools European resources to buy and deploy world-class supercomputers and technologies, announced on December 14 the signature of a contract worth 11.5 million euro for a new supercomputing system in Bulgaria. The new system... Read More →
FDI in Bulgaria in January-September 2020 was 729.5M EUR
Foreign direct investment in Bulgaria in the first nine months of the year stood at 729.5 million euro, the equivalent of 1.3 per cent of the gross domestic product, statistics from the Bulgarian National Bank (BNB) showed on November 17.... Read More →
German Festo to Build Third Plant in Sofia with an Investment of €40 Million
The German Festo to invest 40 million euros in acquiring, designing, and building a new plant near Sofia. This will be the company’s third production facility in Bulgaria, as it has plants in Smolyan and Druzhba district in Sofia. The plot near... Read More →
78% in Bulgaria’s capital Sofia see it as good place to live
Seventy-eight per cent of people in Bulgaria’s capital Sofia see it as a good place to live for people in general while 83 per cent are satisfied to live in the city, according to the Quality of Life in European... Read More →