Foreign direct investment has increased by 47% since the start of the year, reaching nearly EUR 1.4 billion
In the context of ongoing global economic challenges, increasing instability in international trade, armed conflicts, and the volatility of global markets, the need for proactive strategies and rapid adaptability has never been more pressing. Bulgaria’s Commercial and Economic Sections (STIV) abroad must be timely in identifying new market opportunities, building stable partnerships, and supporting Bulgarian companies as they enter and grow in both new and established markets.
This message was delivered by the Minister of Economy and Industry, Peter Dilov, during the Annual Meeting of Economic Counsellors serving in Bulgaria’s Commercial and Economic Sections (STIV) at diplomatic missions worldwide.
According to Minister Dilov, Bulgaria continues to maintain and strengthen one of its key competitive advantages – a stable and predictable macroeconomic environment. “We are now part of the Schengen Area, with unrestricted access to the Single European Market and streamlined trade flows. We are also progressing steadily towards accession to the Eurozone as of January 2026 – a step that will positively influence the country’s credit rating, external trade, and the attraction of foreign investment,” he noted.
The Minister further highlighted that Bulgaria’s next major objective is full membership in the Organisation for Economic Co-operation and Development (OECD). “This will bring greater predictability and alignment with the highest international standards in the business environment,” he added.
Dilov underlined that the work of the Ministry’s Commercial and Economic Sections is vital for positioning Bulgaria as a reliable, visible, and trusted investment and trade partner on the global stage.
“Your efforts contribute not only to expanding the opportunities for Bulgarian enterprises abroad but also to establishing a sustainable economic presence rooted in innovation, technology, and strategic partnerships,” he said, addressing the trade attachés.
He stressed that broadening Bulgaria’s presence in foreign markets – particularly beyond the European Union – is essential for enhancing the diversification and resilience of the national economy. He was firm in stating that unlocking Bulgaria’s trade and investment potential in new regions will bring substantial benefits, particularly when focused on high value-added sectors
“Although we have seen a 47% year-on-year increase in foreign direct investment during the first five months of this year – reaching EUR 1.393 billion according to preliminary data from the Bulgarian National Bank – we must intensify our efforts to attract new investment,” he said.
Minister Dilov highlighted priority areas for investment, including high-tech manufacturing, digitalisation, and industrial modernisation – with a focus on IT, fintech, robotics, biotechnology, and sustainable production. “These are the sectors forming the backbone of modern economies and defining the global competitiveness of nations,” he added.
He also acknowledged the important role STIV offices play in promoting Bulgaria as a year-round tourist destination, noting the sector’s strategic value for the country’s economic profile.
The meeting was held in hybrid format, with part of the trade representatives attending in person in Sofia and others joining via online platform. Deputy Minister Dontcho Barbalov also participated in the discussion.