The Agreement will promote investment opportunities in Bulgaria, commented the Minister of Innovation and Growth Milena Stoycheva

The Bulgarian Investment Agency (BIA) under the Ministry of Innovation and Growth and the Vienna Economic Forum concluded a Cooperation Agreement that will help promote the opportunities for attracting investments in Bulgaria.

The signing was attended by the Minister of Innovation and Growth Milena Stoycheva, the Executive Director of the Bulgarian Investment Agency Mila Nenova, the Ambassador of the Republic of Bulgaria to Austria H.E. Desislava Naydenova, the general secretary of Vienna Economic Forum Dr. Elena Kircheva, Heinz Messinger, vice president and financial director and Eckhart Stremitzer, auditor of the Vienna Economic Forum.

“Participating in the activities of the Vienna Economic Forum provides an opportunity to present our country as an attractive investment destination, which will also lead to the opening of new jobs, as well as to the development of key collaborations in the field of innovation. Innovations in all sectors are an important factor for investor interest in our country”, stated the Minister of Innovation and Growth Milena Stoycheva at the signing of the document in the Austrian capital.

“Bulgaria is attractive for investments thanks to its macroeconomic and financial stability. The government is making targeted efforts to improve the investment climate in the country,” said Minister Stoycheva.

“We will deepen our partnership with the Vienna Economic Forum with a number of significant initiatives. Promoting our country as an attractive investment destination is the main role of Bulgarian Investment Agency, and the promotion of regional economic cooperation is of key importance,” said Mila Nenova, executive director of the Agency.

The Vienna Economic Forum commented that their goal is to stimulate and identify short-term, medium-term and long-term investment projects of common interest for the economic development of the region, as well as to promote their implementation.

With the signing of the agreement, Bulgaria will be actively involved in all initiatives and events of the Forum and will henceforth participate in decision-making by its governing bodies. Also, BIA, as the main partner under the Agreement, will have the opportunity to promote the incentive measures for investors abroad. Information about the Agency’s activities will be published on the website and in the annual brochure of the Vienna Economic Forum.

*The Vienna Economic Forum is an international non-governmental organization founded in 2004 under Austrian law. The main objective is to contribute to regional economic cooperation, provide information, explore and promote investment opportunities in the region defined as the “Adriatic to Black Sea Region”.

Since July 27, 2012, VEF has a special consultative status in the Economic and Social Council of the United Nations (ECOSOC). Since 2015, it has been registered in the Transparency Register of the European Parliament and the European Commission.