Bulgarian EconMin: Economy Regaining Investors' Trust

Business » FINANCE | December 19, 2013, Thursday // 14:45
Bulgaria: Bulgarian EconMin: Economy Regaining Investors' Trust Bulgarian Economy and Energy Minister Dragomir Stoynev. Photo by BGNES

Bulgarian economy is gradually regaining investors' confidence, according to Minister of Economy and Energy Dragomir Stoynev.

Minister Stoynev's conclusions are based on the positive trend observed in the projects certified under the investment promotion act.

Stoynev handed a new first-class investment certificate for the construction of a grain dock on the Danube river in the village of Aydemir, near Silistra.

The constructor of the dock is Alfred C. Toepler International Bulgaria Logistics. The investment is for BGN 10.55 M. The state subsidy for the first class investment is BGN 510 000.

According to Stoynev, the project will stimulate the economic development and the employment in the region and will increase grain export.

Minister Stoynev announced that a total of 15 projects for BGN 100 M have been certified in 2013, providing 900 new job openings. Six of those projects are for first-class investments.

Four certificates for more than BGN 44 M providing 210 new jobs have been issued in the last 7 months.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Finance » Be a reporter: Write and send your article
Tags: Minister of Economy and Energy, Dragomir Stoynev, investment, economy, Silistra

Advertisement
Advertisement
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