Foreign direct investments in Bulgaria surpassed EUR 800 million during the first two months of the year. According to Angel Ivanov, acting Executive Director of the InvestBulgaria Agency, this figure represents a near doubling of growth compared to the same period the previous year. Ivanov made these remarks at the opening ceremony for the Investor of the Year 2025 awards, an initiative marking the 20th anniversary and coinciding with the Agency’s 30th anniversary.
Ivanov stated that over several decades, Bulgaria has solidified its position as a competitive destination for investment. He noted improvements in the quality of investments and a rise in projects generating high added value. The Agency, he explained, attracts investors through its institutional support, stable macroeconomic environment, a tax system considered among the most favorable in the EU, and its human capital, which he cited as a key competitive advantage.
He identified manufacturing, information and communication technologies, research and development, and education as Bulgaria’s current priority sectors. While welcoming all investments, Ivanov emphasized the government’s focus on encouraging projects that will foster a more competitive and innovative Bulgaria. He assured attendees of the Agency’s continued support, stating that investor success directly contributes to Bulgaria’s success.
The Investor of the Year initiative by the InvestBulgaria Agency recognizes companies and projects contributing to economic development, job creation, innovation, and sustainable growth. The ceremony gathered leaders from business, state institutions, the diplomatic corps, and international organizations. On the occasion of its 30th year, President Iliana Iotova presented the Agency with the Honorary Badge of the President of the Republic of Bulgaria.
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What factors are contributing to the significant increase in foreign direct investment into Bulgaria?