site.btaEconomy Minister Discusses Opportunities for Attracting New Investments with Greek Companies

Economy Minister Bogdan Bogdanov held Sunday meetings with key Greek investors to discuss opportunities for attracting new investments in Bulgaria in the energy sector, trade, transport and infrastructure projects. He held a series of meetings with representatives of Greek companies in Thessaloniki in the framework of the 87th Thessaloniki International Trade Fair, where Bulgaria is this year's Honoured Country. 

"Our presence at this important international forum provides ample opportunities and prospects for the development of cooperation in a number of areas," Bogdanov said. He noted that the main focus of the Bulgarian participation in the Thessaloniki Fair is high technology, innovation and education, but that companies in sectors such as energy, trade logistics and construction also are presented at the event.

The Economy Minister pointed out that Greece is the third largest source of foreign direct investment in Bulgaria in 2023. Greek companies have invested EUR 300 million in Bulgaria since the beginning of this year. 

The opportunities for new investments in renewable energy sources and expansion of trade in oil products were discussed during the meetings. Bogdanov pointed out that Greek companies can also invest in the production of energy storage systems in Bulgaria.

The development of renewable energy projects in the vicinity of the industrial zones in Bulgaria was also a topic of the talks between him and the representatives of the Greek companies.

During the meetings, it became clear that new investments will be made in commercial parks, as well as in the opening of new commercial sites by Greek companies in Bulgaria, which is a prerequisite for the creation of new jobs.

Bogdanov discussed the possibilities of deepening cooperation in the field of innovation with representatives of Alexander Innovation Zone SA, which is the planning and management body for a Greek government project to turn Thessaloniki into an innovation zone.

60 Bulgarian companies and organizations from different sectors participate in the 87th Thessaloniki International Trade Fair.

The launch of two new projects was announced by Bogdanov on the first day of the event - the first cargo flights of the Bulgarian company Dronamics, which will be launched on the Greek market, and the new programme of EnduroSat to launch into low orbit a satellite constellation that will provide huge opportunities for the development of new technologies for security, environmental monitoring and early prevention of natural disasters.