Nr. 3 (150), 23-01-2015
Weekly Bulletin
ISSN 1314-5339

Currency
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INVESTMENT NEWS

Germany will again begin to consider applications for providing investment guarantees for Bulgaria


After almost five years of being on a kind of "black list" for German investments, Germany will again encourage the investments of their companies in our country. Germany will begin to consider applications for providing investment guarantees for Bulgaria.

This decision was preceded by an agreement between the two governments to close negotiations on the Kloesters-Zemeko investment, which was backed by a federal guarantee. As the project of the company did not receive an EIA, the Ministries of Economy of the two countries agreed that Bulgaria would pay Germany compensation in the amount of EUR 2 million.

NEWS FROM BCCI
The President of BCCI was awarded with Golden Prize Human Resources – 2014
In the category “Manager of NGO” More
The newly accredited Ambassador of Sudan visited BCCI
Sectors such as agriculture, food industry, dairy and meat-processing industries provide ample opportunities for bilateral cooperation More
Prof. Alexander Chirkov and BCCI President Tsvetan Simeonov discussed the state of Bulgarian healthcare system
It is still possible for investors to join in Prof. Chirkov’s project for building a medical facility in the city of Varna More
„Mitsui & Co. Deutschland GmbH“ exploring investment opportunities in Bulgaria
BCCI presented Bulgaria’s advantages as an attractive destination for business investments More
Meeting with representative of UK Trade and Investment
Initiatives in support of the bilateral economic cooperation between Bulgaria and the UK will be promoted More
PROGRAMMES & PROJECTS
Bulgaria negotiates CHF 76 million in funding under the Swiss-Bulgarian Cooperation Programme
The Programme is extremely important to Bulgaria because it allows the country to tackle problems for the solution of which European funding is not available yet More
LEGISLATION AND REGULATION
Parliament approves update of the judicial reform strategy
It lays the grounds for legislative changes and aims at improving the system More
BULGARIA IN EU
Bulgaria seeks EU aid for dairy producers
Bulgarian farmers are suffering losses as a result of the Russian import sanctions More
SECTORS OF BULGARIAN ECONOMY
The Bulgarian software business is among the fastest growing sectors in the country
In just 9 years the sector has created 12 000 new jobs More
INVESTMENT NEWS
Germany will again begin to consider applications for providing investment guarantees for Bulgaria
This way conditions are created for more complex economic cooperation More
US company Sensata building second manufacturing plant in Bulgaria
The first stage of the plant will become operational in June and will employ 1,500 people More