NEWS FROM BCCI
The newly appointed Ambassador of Cyprus to Bulgaria visited the BCCI
The newly appointed Ambassador Extraordinary and Plenipotentiary of the Republic of Cyprus in Sofia H.E. Stavros Avgustidis visited the BCCI and talked with the President of the Chamber Tsvetan Simeonov.
During the conversation they discussed bilateral economic relations. It was noted that there was great potential to develop the business relations between Bulgaria and Cyprus, and that currently a slight progress was being noticed.
Ambassador Avgustidis mentioned the discovered new natural gas reserves by Cypriot energy experts on the territory of Cyprus and their impending exploitation in the near future.
Subject to discussion was also the possibility of a business visit to Bulgaria by a delegation of Cypriot entrepreneurs by the end of the year or early in the next year.
NEWS FROM BCCI
BCCI presented in Austria the mobile application "BG Barcode"
Partner meeting of the national organisations of GS1 Bulgaria and Austria
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Joint initiatives on focus to promote entrepreneurial relations between Bulgaria and the UK
Under the partnership between the BCCI and the National Organisation for Trade and Investment of the UK (UKTI)
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The newly appointed Ambassador of Cyprus to Bulgaria visited the BCCI
Business mission of entrepreneurs from Cyprus is expected to take place in Bulgaria
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PROGRAMMES & PROJECTS
The final audit reports on OP Environment and axis 3 of OP Regional development are ready
The funds could be received in late October or early November
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The greenhouse gas emissions will be reduced by € 16 million under program "Energy Efficiency and Renewable Energy"
The total budget of the program is about € 16 million, and 85% of them are grant financing with a period of activity up to April 2017
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The "Brandiko" project of the MEE has won the first prize in European Entrepreneurship competition
The Bulgarian project is in the sphere of intellectual property protection and competed with nominations from Germany, Great Britain and Serbia
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BULGARIAN ECONOMY
Bulgaria's retail trade turnover posts modest increase M/M in August
More significant increase in retail sales via mail orders or on the internet - by 21.0%
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Bulgaria climbs in Economic Freedom Report
The country is at the 40th position among 152 countries
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INVESTMENT NEWS
WITTE Automotive opened the new plant in Bulgaria
The amount of investment will reach approx. 10 million euro till the end of the year 2015
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French GeoPost acquired its first large package of Speedy shares
The strategic intention of the foreign investor is to increase its stake to 25% from Speedy’s capital
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Installation with a new system for production of biogas from animal manure was inaugurated in Dobri dol, Lom municipality
It ranks in the top three installations of this type in Europe
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UPCOMING EVENTS
Foreign Investors Summit, a 3-day event focusing on the most dynamic business communities in Romania
BCCI is the official partner of the summit
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