Chinese business delegation is looking for opportunities for investment and trade in Bulgaria

Chinese business delegation is looking for opportunities for investment and trade in Bulgaria

Chinese companies are interested in importing wine and oil from Bulgaria, and are looking for investment opportunities in Bulgaria. This became clear during a meeting between Deputy Minister of Economy Alexander Manolev and Ms. Wu Zhongqiong, Vice Governor of Jiangxi Province. She is on an official visit to the country at the head of a business delegation.

Due to the high interest of the business from the province to Bulgaria, it was agreed to sign a Memorandum of Cooperation between the Ministry of Economy and Jiangxi Province. Vice Governor Wu Zhongqiong suggested that this be done in May during the largest trade fair in Central China, which the province will host, and expressed hope that it will include the first concrete projects that the two countries are implementing.

The meeting at the Ministry of Economy was also attended by the Deputy Governor of the Sofia Region Nikolay Nikolov.

The Armenian Employers’ Association will support Bulgarian companies in implementing joint projects and exports

The Armenian Employers’ Association will support Bulgarian companies in implementing joint projects and exports

The Union of Producers and Employers in Armenia will assist Bulgarian companies in establishing contacts with partners on the ground and realizing trade between the two countries. This is done by virtue of a Memorandum of Understanding between the Bulgarian Executive Agency for Promotion of Small and Medium Enterprises and the Union of Manufacturers and Businessmen, signed in the presence of Deputy Minister of Economy Alexander Manolev.

The Bulgarian Deputy Minister also met with the Chairman of the Union of Manufacturers and Businessmen Arsen Ghazaryan. The two discussed the possibility of offering Bulgarian products in Armenian food chains. The organization of a bilateral business forum in Bulgaria was also agreed.

In Armenia, Deputy Minister Alexander Manolev also met with the Minister of Economic Development and Investment of the Republic of Armenia Tigran Khachatryan. The meeting focused on the policy for the development of relations, both on a bilateral basis and within the framework of the EU policy for the development of relations with the Caucasus region and the Black Sea coast.

Deputy Minister Alexander Manolev also took part in the Working Group on Trade and Economic Activity within the Intergovernmental Commission for Economic Cooperation. During the meeting, opportunities were discussed to expand bilateral ties, diversify goods in bilateral trade, increase exports, encourage investment and more.

The Bulgarian delegation was led by the Minister of Transport, Information Technology and Communications Rosen Zhelyazkov, and included nearly 30 Bulgarian companies.

Opening of a bilateral business forum in Yerevan, Armenia

Opening of a bilateral business forum in Yerevan, Armenia

Bulgarian exports to Armenia in 2017 reached their highest level in 10 years and reached $ 31 million. This was announced by Deputy Minister of Economy Alexander Manolev at the opening of the Bulgarian-Armenian Business Forum in Yerevan. More than 100 companies from both countries are taking part in the event.

The Minister of Transport, Information Technologies and Communications of the Republic of Bulgaria Rosen Zhelyazkov, the Minister of Economic Development and Investments of the Republic of Armenia Tigran Khachatryan also took part in the forum.

Deputy Minister Manolev is on a visit to the Republic of Armenia to participate in the Intergovernmental Commission for Economic Cooperation together with a business delegation including nearly 30 Bulgarian companies. The program of the visit includes meetings with representatives of institutions and the private sector.

Alexander Manolev gave awards for “Investments in Society” made by business

Alexander Manolev gave awards for “Investments in Society” made by business

Investment projects worth over BGN 800 million are starting in Bulgaria. The total number of newly created jobs will exceed 2,500. This was announced by Deputy Economy Minister Alexander Manolev during an official award ceremony for the winners of the 16th edition of the Annual Responsible Business Awards, organized by the Bulgarian Business Leaders Forum.

“We need more initiatives to focus on successful companies in Bulgaria, because they have a number of reasons to be proud of their achievements,” said Alexander Manolev. According to him, for the last 10 years the private sector in our country has created over 100 thousand new jobs. “A significant part of them are conscientious employers who continue to develop today. And who do not forget that in order to have sustainability you have to invest in society, “said the Deputy Minister of Economy.

He presented the awards in the “Investment in Society” category, where Raiffeisen took first place with the “Choose to Help” donation campaign.

In the 16th edition of the competition for corporate social responsibility, a record 112 projects of 71 companies competed in six categories. The awards aim to promote the best practices of companies in areas such as ecology, education, employee development, local communities and society as a whole.

The award ceremony was also attended by the Mayor of Sofia Municipality Yordanka Fandakova, the Minister of Environment and Water Neno Dimov, the Minister of Labor and Social Policy Biser Petkov, the Deputy Minister of Education and Science Denitsa Sacheva and others.

Bulgarian-Japanese Business Forum Held in Sofia

Bulgarian-Japanese Business Forum Held in Sofia

We expect the Bulgarian export in 2019 to exceed 57 billion. This forecast was made by the Deputy Minister of Economy, Alexander Manolev, during the opening of the Bulgarian-Japanese business forum in Sofia.

The event was also attended by Ambassador of Japan to Bulgaria H.E. Makoto Watanabe, Executive Director of the Bulgarian Investment Agency Stamen Yanev, Deputy Chairman of the Bulgarian Trade and Industry Council Georgi Stoev and others.

A Japanese delegation led by Satoshi Abe, Director General of the Japan External Trade Organization (JETRO), also arrived in Bulgaria to participate in the forum.