ADVERTISEMENT

Foreign investment in Bulgaria drops down

Competition

There is a decrease in the amount of the foreign investment from the beginning of the year compared to the previous one, claims in an interview for Darik radio Kamen Kolev, vice-chairman of Bulgarian Industrial Association.

He adds that only low taxes and wages cannot retain the big companies. And although foreign investor leaving Bulgarian market is something normal, the problems that the business faces in the country remain. The biggest among them are the administrative negligence, ineffective judicial system, lack of qualified labor force and still very bad infrastructure, says Kolev. On these criteria Bulgaria lags even behind countries outside the European Union. (international.ibox.bg)

Opus Global Share Buyback Program Launches June 17 Figures

Opus Global Share Buyback Program Launches June 17

Gov't to Call HUF 75 bln Tender to Support Innovation by SME... Government

Gov't to Call HUF 75 bln Tender to Support Innovation by SME...

HUF 100 mln for NGOs Dealing With Diabetes Science

HUF 100 mln for NGOs Dealing With Diabetes

1990s Hungary Inspires Debut Novel ‘Ilona Gets a Phone’ History

1990s Hungary Inspires Debut Novel ‘Ilona Gets a Phone’

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.