Bulgarian Exports to the UK Exceed BGN 1.3 billion

Bulgarian Exports to the UK Exceed BGN 1.3 billion

Bulgarian exports to the UK exceed BGN 1.3 billion in the first eleven months of 2022. This was announced by the Minister of Economy and Industry Nikola Stojanov during the celebration of the 8th anniversary of the British-Bulgarian Business Association. He added that for the same period, the trade between the two countries exceeded BGN 2.1 billion and behind these good results is the active work of the companies from both countries.

‘A quarter of the IT companies and business process service companies registered in Bulgaria are from the Island,’ said Nikola Stojanov. The Economy Minister stressed that a Bulgarian technology company has been successfully building the 4G and 5G networks of one of the British mobile operators for several years, which is another proof that our companies in the sector work at the highest level and with excellently trained specialists in this field.

‘After Brexit the interest for investments and business in Bulgaria is even increasing because our country provides access to the single European market for companies from the Island’, Minister Stojanov said. He commented that the main focus is now on attracting more companies that will add value to our economy and competitively pay employees.