BULGARIAN ECONOMY
In 2014 Bulgaria reached pre-crisis levels with fastest growth in years
Bulgaria's economy in 2014 achieved its fastest growth for the past three years. GDP increased by 1.7% after rising 0.5% in 2012 and 1.1% in 2013, according to the National Statistics Institute.
As a result, the local economy overtook all forecasts of the Ministry of Finance, the IMF and the World Bank. The growth was a result of industrial production, increased investment and consumption.
2014 was the fifth consecutive year of economic growth after the 2009 crisis, when GDP dropped by 5%. As a result, it can be established that the effects of the global crisis have been more or less overcome. Even more, the Bulgarian economy is slightly better off than in pre-crisis 2008.
NEWS FROM BCCI
High-level meetings in Serbia
Representatives of the business organizations, including the President of BCCI, accompany Bulgarian Head of State Rosen Plevneliev on his official visit to Serbia More
The new Ambassador of the Republic of Iraq visited BCCI
Opportunities for Bulgarian companies to participate in tenders in Iraq were discussed More
Representatives of US pharmaceutical company research the Bulgarian market
The company works in the field of innovative medical diagnostic products and services More
SECTORS OF BULGARIAN ECONOMY
Transport mechanical engineering - automotive parts manufacturing
Development of the mechanical engineering in Bulgaria is a prerequisite to believe that in the future it will continue to be a major economical force of the country More
BULGARIAN ECONOMY
In 2014 Bulgaria reached pre-crisis levels with fastest growth in years
The growth was a result of industrial production, increased investment and consumption More
Bulgarian foreign trade in January 2015 (preliminary data)
The total value of all exported goods (both for third countries and EU) increased by 8.9% compared to the corresponding month of 2014 More
Bulgaria leads in rise in commercial property sales in EU in 2014
The statistics cover sales of offices, hotels, industrial properties, retail centres and land designated for construction purposes More
INVESTMENT NEWS
Hewlett-Packard invests BGN 10 million in Bulgaria
The company will open the only HP Technology Lab in Europe creating conceptual IT solutions and training of high profile experts More
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