The economic relations between Bulgaria and Germany were at the focus of the 21st Awards for the German Economy in Bulgaria, presented by the German-Bulgarian Chamber of Industry and Commerce (GBCIC) at a ceremony held at the University of National and World Economy on 30 January.
Germany remains Bulgaria's strongest economic partner. Two-way trade is estimated at EUR 12 billion euros in 2024, said German-Bulgarian Chamber of Industry and Commerce President Tim Kurth.
The awards:
The computer software company SAP Labs Bulgaria received the award in the category "Large enterprise with a focus on innovation." SAP Labs Bulgaria CEO Radoslav Nikolov received the distinction from Economy and Industry Minister Petar Dilov and GBCIC President Tim Kurth.
Robot maker Simobotics was honoured in the category "Small or medium-sized enterprise with a focus on innovation." The company founder, Georgi Georgiev, received the award from German Ambassador to Bulgaria Irene Maria Plank and Tim Kurth.
The local subsidiary of hypermarket chain Kaufland won the award in the category "ESG: Environmental, Social, and Governance)." Kaufland Bulgaria CEO received the accolade from United Bulgarian Bank chief Christof De Mil and Tim Kurth.