INVESTMENT NEWS
Investment into Bulgaria rose substantially in 2015
The net value of investment into Bulgaria increased by 37.5% year-on-year in the first three quarters of 2015, the InvestBulgaria Agency said. With investment statistics yet to be processed, some EUR 1.37 B were drawn into Bulgaria between January and October of last year. The amount includes both domestic and foreign investment.
Over the course of ten years, InvestBulgaria Agency has certified 185 projects worth EUR 13 B which opened 60 000 new jobs. The Netherlands is still on top of the list of leading investors into Bulgaria. This is partly due to the fact that many companies use the Netherlands to channel through it investment into other countries due to its favourable legislation.
Skilled labor is also where authorities should concentrate to improve relations between the education system and businesses so that the future labor pool is fit to cope with “present-day challenges”, the head of InvestBulgaria Agency Stamen Yanev said.
In his words, engineering, IT and outsourcing, the chemical industry, electronics, balneology, and agriculture are sectors still considered attractive to investors.
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