Since the beginning of 2023 companies from Greece have invested 300 million euros in our country
Opportunities for attracting new investments in Bulgaria in the energy sector, trade, transport and infrastructure projects were discussed at meetings with key Greek investors by the Minister of Economy and Industry Bogdan Bogdanov. He held a series of meetings with representatives of Greek companies in Thessaloniki in the framework of the 87th Thessaloniki International Fair, where Bulgaria is this year’s honorary guest country.
Deputy Minister of Economy and Industry Nikolay Pavlov also participated in the discussions.
“Our presence at this important international forum provides ample opportunities and prospects for the development of cooperation in a number of areas,” the minister said. He recalled that the main focus of the Bulgarian participation in the Thessaloniki Fair is high technology, innovation and education, but that the exhibition also presents companies in sectors such as energy, trade, logistics and construction.
Minister Bogdanov pointed out that Greece is the third largest source of foreign direct investment in Bulgaria in 2023. Only since the beginning of this year Greek companies have invested 300 million euros in Bulgaria.
During the meetings with the Greek business, the opportunities for new investments in renewable energy sources and expansion of trade in oil products were discussed.
Minister Bogdanov pointed out that Greek companies can also invest in the production of energy storage systems in Bulgaria.
The development of renewable energy projects in the vicinity of the industrial zones in Bulgaria was also a topic of the discussions between the Bulgarian Minister of Economy and the representatives of the Greek companies.
During the meetings it became clear that new investments will be made in retail parks, as well as in the opening of new retail outlets in Bulgaria by Greek companies, which is a prerequisite for the creation of new jobs.
Bogdanov discussed the opportunities for deepening the cooperation in the field of innovation with representatives of Alexander Innovation Zone SA, which is the planning and management body for a Greek government project to turn Thessaloniki into an innovation zone.
60 Bulgarian companies and organizations from different sectors participate in the 87th Thessaloniki International Fair.
On the very first day of the exhibition, Minister Bogdanov announced the launch of two new projects – the first cargo flights of the Bulgarian company Dronamix, which will be launched on the Greek market, and Endurosat’s new program to launch a satellite constellation in low orbit, which will provide huge opportunities for the development of new technologies for security, environmental monitoring and early prevention of disasters and accidents.