FINANCE

Foreign investments in Bulgaria Increased by EUR 100 million in the first quarter of 2020


According to data of the Bulgarian National Bank, foreign investments in Bulgaria increased by EUR 100 million in the first quarter of 2020 compared to the same period of 2019. By the end of March, more than EUR 254 million were invested in the Bulgarian economy.

Due to the coronavirus pandemic, there has been a threefold contraction in the purchase of state securities. Reinvestment accounts for the largest share of EUR 180 million. Instead of withdrawing their profits, investors left them in their Bulgarian divisions. Most of the foreign investments, or EUR 122 million, went to manufacturing.

 

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FINANCE
Foreign investments in Bulgaria Increased by EUR 100 million in the first quarter of 2020
Most of the foreign investments went to manufacturing Още