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Minister Nikola Stojanov: We are expecting nearly 100 million euros of investments from Germany

Minister Nikola Stojanov: We are expecting nearly 100 million euros of investments from Germany

Investment projects of German companies for nearly 100 million euros are launched. This was announced by the Minister of Economy and Industry Nikola Stoyanov in the morning news of BNT. Yesterday evening, he returned from Germany, where a number of talks were held with companies looking for new locations or expansion of their business.
He clarified that these are companies in the automotive components and information and communication technology sectors. “We are talking about projects that will start in a few months and that will create 3,500 jobs,” the economy minister explained. According to him, our country is very close to attracting one of the biggest sports brands in the world, which is considering the possibility of opening a technology centre in the country. “I told them a lot about Sofia Tech Park and they showed serious interest in it, I expect to welcome them next month in Bulgaria,” he added.

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Minister Nikola Stojanov: German investments in Bulgaria to create 3 500 new jobs

Minister Nikola Stojanov: German investments in Bulgaria to create 3 500 new jobs

Investment projects are launched in the field of automotive components manufacturing and in the field of information and communication technologies, which after successful implementation will create nearly 3,500 new jobs in Bulgaria. This became clear after meetings of the Minister of Economy and Industry Nikola Stoyanov with companies from Bavaria.

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Deputy Minister Dimitar Danchev opened a National Forum for Innovations in Dual Training

Deputy Minister Dimitar Danchev opened a National Forum for Innovations in Dual Training

The Forum is organized by the Foundation for Modern Education and the Branch Chamber of Woodworking and Furniture Industry (BCWFI).
“We actively support the introduction of the work-based learning system because it is a prerequisite for providing qualified personnel for the business, attracting more foreign investment and achieving sustainable economic growth,” said Deputy Minister Danchev.

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Minister Nikola Stojanov presented investment opportunities in Bulgaria to the management of Adidas

Minister Nikola Stojanov presented investment opportunities in Bulgaria to the management of Adidas

“Bulgaria is interested in attracting investors who will add value to the Bulgarian economy. Adidas is a brand that speaks for itself and I am sure that our country can offer many opportunities if you trust and invest in Bulgaria,” Minister Stoyanov stressed. He also presented the possibilities of the first technology park in Bulgaria – Sofia Tech Park as a suitable location for a new Adidas project in Bulgaria.

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Minister Nikola Stojanov: Our exports to Bavaria exceed record 1 billion euros

Minister Nikola Stojanov: Our exports to Bavaria exceed record 1 billion euros

Exports of Bulgarian goods to the federal state of Bavaria in 2021 will exceed 1 billion euros, which is a record in bilateral trade. This was underlined during a meeting between the Minister of Economy and Industry of the Republic of Bulgaria Nikola Stoyanov and the State Minister for Federal Affairs and Media and Head of the Bavarian State Chancellery Florian Hermann.

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Supporting small and medium-sized enterprises to increase competitiveness and specialisation in high-tech industries – strategic objectives of the Ministry of Economy and Industry

Supporting small and medium-sized enterprises to increase competitiveness and specialisation in high-tech industries – strategic objectives of the Ministry of Economy and Industry

Supporting small and medium-sized enterprises to increase competitiveness and specialisation in high-tech industries are the strategic objectives on which the Ministry of Economy and Industry is working. This was stated by Deputy Minister Dimitar Danchev today at the opening of the forum “Opportunities and challenges of the ecological transition for small and medium-sized enterprises, enterprises of the social economy, crafts, liberal professions”.

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For the first time, Bulgaria presents itself at the largest event for entrepreneurship and innovation in Germany

For the first time, Bulgaria presents itself at the largest event for entrepreneurship and innovation in Germany

For the first time, investment opportunities in the ICT sector in Bulgaria were the focus of Germany’s most significant event for entrepreneurship and innovation. The Minister of Economy and Industry, Nikola Stoyanov, opened an online master class on “En route to Bulgaria: the newest hotspot for a strong growth for IT, innovation and digitalization”. The event is part of the elite entrepreneurship and innovation conference “Bits & Pretzels”, which takes place in Munich and traditionally gathers over 5000 participants.

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Bulgaria and Saudi Arabia will partner to promote investment between the two countries

Bulgaria and Saudi Arabia will partner to promote investment between the two countries

The Republic of Bulgaria and the Kingdom of Saudi Arabia will partner to promote investment between the two countries. This was underscored during a meeting between the Minister of Economy and Industry Nikola Stoyanov and H.E. Khalid Bin Kamal Faqih, Ambassador of the Arab State to Bulgaria. During the discussion, the two sides discussed a future agreement on the promotion and mutual protection of investments, which will create a basis for attracting more Saudi investments in our country.

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Minister Nikola Stojanov inaugurated a Bulgarian-Austrian forum for dual training in Bulgaria

Minister Nikola Stojanov inaugurated a Bulgarian-Austrian forum for dual training in Bulgaria

More than 1150 students from 30 schools in 15 specialties are enrolled in the dual form of education for the 2022/2023 academic year. This became clear during a conference for the presentation of the results of the project “Dual training in Bulgaria” (GODUAL). The event was opened by the Minister of Economy and Industry Nikola Stoyanov and Philippe Kupfer, Commercial Counsellor at the Austrian Embassy.

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Minister Nikola Stojanov showed the investment opportunities in the Bozhurishte industrial zone to diplomats from Europe

Minister Nikola Stojanov showed the investment opportunities in the Bozhurishte industrial zone to diplomats from Europe

The initiative aimed to present the conditions that state industrial parks can offer, as well as the plans for their development.
“For the last 10 years private investments in the Bozhurishte industrial zone have amounted to over BGN 610 million. These funds have been invested mainly by foreign companies”, Minister Nikola Stoyanov emphasized. According to him, the zone produces materials for the automotive industry, parts and modules for packaging machines for the food, pharmaceutical and medical industries, telecommunications equipment, audio systems, and equipment for the military industry, biocosmetics, biofoods, etc. Exports are mainly to EU countries, but many manufacturers have customers worldwide.

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