Bulgaria Attracted EUR 5.7 B FDI in 4 Years

Published: 1 April 2005 y., Friday
Over the last four years Bulgaria attracted more than EUR 5.7 B foreign investments, which is 45% of the investments gathered in the years between 1992 to 2003. The data was presented Thursday by Bulgaria's Deputy Economy Minister Valentin Parvanov during a seminar called "Bulgaria as a future market for services in the planning and consultations filed." Bulgaria's 2004 foreign investments reached EUR 1.958 B thus setting a new record-high level. The total amount of foreign investments for the period 2001-2004 makes 62% of the whole direct foreign investments for the past 13 years, Bulgaria's Economy Minister Milko Kovachev explained earlier in March. Direct foreign investment last year equalled 9.2% of GDP, which is the highest ratio in Central and Eastern Europe as compared to 5.6% in neighbouring Romania and 4.4% in the Czech Republic.
Šaltinis: novinite.co
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

The U.S. has made a decision to transport shipments via Lithuania

President of the Republic of Lithuania Dalia Grybauskaitė welcomed the decision taken by the U.S. Government to transport shipments for the international mission in Afghanistan by transit via the Klaipėda Seaport. more »

Budgets Committee backs EU Solidarity Fund aid for France and Portugal

EU Solidarity Fund aid to repair storm damage in France and Portugal was approved by the Budgets Committee on Thursday. more »

European Investment Bank to provide technical support for sustainable and climate resilient water projects in Samoa

The European Investment Bank and the Government of Samoa formally agreed to support the rehabilitation and upgrade of independent water schemes in the Pacific island state under a EUR 250,000 technical assistance programme. more »

Single Market Forum: A Europe for businesses and consumers after 2012?

Steps to overhaul the European Union's flagship single market were discussed on Tuesday (9 November) by MEPs and interested parties. more »

Blueprint for energy security

Strategy to secure a sustainable EU energy supply and support economic growth over the next decade. more »

EU Globalisation Adjustment Fund: Parliament backs aid for Irish workers

EU funding to help 850 former workers in the aircraft maintenance industry around Dublin find new jobs was approved by the European Parliament on Thursday. more »

Afghans hope saffron will oust Opium

Saffron farmers in western Afghanistan hope to oust opium as a harvest crop. more »

€114,250 form EU Globalisation Fund to help 189 former workers in Polish shipbuilding sector

The European Commission has approved an application from Poland for assistance from the European Globalisation adjustment Fund (EGF). more »

Vision for European industry

New plans for EU industry to create jobs while keeping manufacturing in Europe. more »

€ 3.5m from European Globalisation Fund to help workers in Spanish textile and construction sectors

The European Commission has approved two applications from Spain for assistance from the EU Globalisation Adjustment Fund (EGF). more »