One hundred percent of German companies doing business in Bulgaria say they would invest in our country again. This became clear during a meeting of the Minister of Economy and Industry Nikola Stoyanov with representatives of the German business in our country, which is part of the “breakfast with investors” initiative. The data are from a regular survey that the German-Bulgarian Chamber of Industry and Commerce conducts among its members. The information also shows that more than half of the companies assess their current situation as good.
“German investments in the country exceed 3.8 billion euros,” Minister Stoyanov said during the meeting. According to him, 1,500 German companies work in Bulgaria and employ over 35,000 employees. “Our trade in goods is growing at a steady pace, reaching 9.9 billion euros in 2021, and Bulgarian exports already exceed 5 billion euros a year,” the minister added.
According to Stoyanov, Germany’s interest in investing in the country is particularly high and it is crucial to have an operational dialogue between the business and the state. “The purpose of these working meetings is to get feedback on the problems of the business and where companies see opportunities to improve our operational work,” the economic minister explained.
Today’s meeting was attended by representatives from over 25 leading companies from Germany. The event was organized jointly with the German-Bulgarian Chamber of Industry and Commerce and the Embassy of the Federal Republic of Germany to Bulgaria. On their side, the discussions were joined by GBCCI President Tim Kurth and Deputy Ambassador of the Federal Republic of Germany Stefan Röcken.
