InvestBulgaria Agency Chief: Foreign Investment Has Not Decreased in Long Term

Business | January 7, 2015, Wednesday // 11:27
Bulgaria: InvestBulgaria Agency Chief: Foreign Investment Has Not Decreased in Long Term Svetoslav Mladenov, Executive Director of the InvestBulgaria Agency, photo by BGNES

Svetoslav Mladenov, Executive Director of the InvestBulgaria Agency, has said that there has been no decrease in foreign investment in the long term.

In a Wednesday interview for the Bulgarian National Radio, Mladenov predicted a slight growth in foreign investment.

“Unrevised data for the period January-October 2014 points to EUR 805 M. We should not jump to conclusions about the final figures,” he stated.

Mladenov added that the final data on the amount of foreign investment in Bulgaria in 2014 would be available in March.

Meanwhile, Georgi Dimitrov, Chair of the Bulgarian investment-building Association, informed that there had been a decrease in foreign investment in property in the country over the past 2-3 years, adding that the reduction was small and had mainly been driven by the reduction in property purchases by Russian nationals.

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

Business » Be a reporter: Write and send your article
Tags: InvestBulgaria Agency, Svetoslav Mladenov, Svetoslav Mladenov, foreign investment, property investment

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