The Biggest Investors in Bulgaria are from the EU

Business | June 8, 2018, Friday // 14:04| Views: | Comments: 0
  • Send to Kindle
Bulgaria: The Biggest Investors in Bulgaria are from the EU

The biggest foreign investors in the Bulgarian economy are from the European Union, according to a statement made by the Minister of Economy Emil Karanikolov.
 
Foreign direct investment in the country for the period January - March 2018 amounted to EUR 179.1 million. For the same period in 2017 these foreign investments in the country amounted to EUR 950.1 million.
 
the ten countries with the largest direct investments in Bulgaria in 2017 are primarily from the European Union and there is no country with a preferential tax regime. The largest net direct investment in the country in January - December 2017 is from the Netherlands (EUR 875.7 million), Switzerland (126.6 million euros) and Germany (94 million euros), Karanikolov stressed.

The share of investments in jurisdictions with preferential tax regime in Bulgaria in 2017 is insignificant and has no impact on the development of the country's economy, Karanikolov stressed.
 
In recent years, we have seen the recovery of foreign direct investment levels to levels prior to the start of the global economic and financial crisis of 2008, the minister said. In confirmation of the data, we consider a significant increase in interest in Bulgaria as an investment destination, especially in manufacturing and business services with high added value, he added.

Business » Be a reporter: Write and send your article
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Please, log in to post a comment.
» To the forumComments (0)
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria