Representatives of the largest industrial union in Germany will be visiting Bulgaria next year to explore investment opportunities and launch new projects. This was agreed at a meeting of Deputy Economy Minister Alexandar Manolev with the Executive Director of the Bavarian Regional Union of German Machinery and Equipment Manufacturers Elgar Straub, the Ministry of Economy and Energy said.
During the meeting, Deputy Minister Manolev presented the measures for investment promotion and emphasized the potential that the industrial zones can offer on the territory of the country.
According to him, at present, more than 930 Bavarian companies with a total of 256 branches and offices develop production and trade activities in Bulgaria. These include both internationally operating energy and technology giants, leading automotive manufacturers, banking and insurance institutions as well as many small and medium-sized companies from different sectors of the economy.