Stamen Yanev: Economic and Political Stability Favor Investments

Stamen Yanev: Economic and Political Stability Favor Investments

Foreign investments in Bulgaria saw a 22.5% increase in 2015. This country managed to attract new and interesting investors, due to the favorable macroeconomic climate, the Executive Director of Invest Bulgaria Agency Stamen Yanev told Radio Bulgaria and added:
“Currently, Invest Bulgaria Agency is preparing the certification of 21 projects to the tune of over 244 million euros. We expect that some 7,200 new job positions will be opened under those new projects. Since the beginning of 2016 we have certified 4 projects amounting to 32 million euros. Nearly 700 people will be employed under those 4 four projects. We must take into consideration the fact that despite the turbulent situation abroad, Bulgaria has remained a haven of political and economic stability. Besides, this country offers low tax rates and reasonable cost of labor. That is why the number of foreign investors to the country has been recently on the rise. Meanwhile, we work together with the companies which have already settled in Bulgaria and try to make sure they will stay here permanently. ”

BNR

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