Local Companies Urged to Look for Business in Bulgaria

Feb 07, 2011

Copyright: Michael Cooper Photography

In picture is Tomislav Donchev, the Bulgarian Minister for the Management of European Funds, with Vicky Kell, Invest NI Trade Director, and Neil Armstrong from CIGA in Ballymena, at the recent Bulgarian Business briefing held in Invest NI.

Northern Ireland companies have been urged to seize business opportunities resulting from investment by the Bulgarian government in infrastructure and its business base.

A briefing recently hosted by Invest NI on business in Bulgaria was given to local companies by Tomislav Donchev, the Bulgarian Minister responsible for the Management of EU Funds.

Mr Donchev was in Northern Ireland to promote relationships between business here and in Bulgaria in areas such as the management of EU funding projects to promote economic growth.

Dr Vicky Kell, Invest NI Trade Director, commenting on the visit, said: “We hosted the visit by the Minister as part of our work to encourage companies here, particularly in construction and professional services, to explore opportunities in eastern European markets, including Bulgaria, which are developing from extensive EU funded investment to promote economic growth.

“Bulgaria is benefiting from EU-backed spending of £9 billion to bring its infrastructure, ICT, renewable energies, and transport up to European standards. Our companies have tremendous knowledge in these sectors and should be well-placed to develop worthwhile business partnerships with companies and authorities in Bulgaria.

“Northern Ireland companies have considerable knowledge of and experience in delivering EU funded projects across a very broad range of areas including construction and key services such as administrative reform and financial procedures.

“We’ve sought to facilitate such exchanges by organising trade missions to these developing markets. This October, for instance, we have scheduled a week-long mission to Bulgaria and Romania, both recent EU members. In May, there will be a mission to Poland and the Czech Republic and, in June, to Slovenia and Hungary. These missions are open to all companies in manufacturing and internationally traded services such as professional consultancies.”

Northern Ireland trade with Bulgaria is increasing and a trade mission from Northern Ireland visited Sofia in November 2010, the third such mission in the last three years.

Share this Article

Sign up for News

 Enter Code

Latest Features

Transform your Business - Conference
John McClune, Lean Process Manager
Apr 19, 2018
New Middle East exports open up to Northern Ireland businesses
Noel Johnston, Regional Manager for Qatar, Iran and Kuwait
Apr 17, 2018
Access Invest NI’s Business Information Centre in the North West
Des Gartland, North West Regional Manager
Mar 26, 2018
Relationships, reputation and robust processes – why doing business in Africa is unique
Natasha Siniscalchi-Dönmez, Regional Manager Sub-Saharan Africa
Mar 23, 2018
GDPR video workshop - how to be compliant and keep your data safe
Danny Smyth, Information Governance & Data Protection Manager
Mar 16, 2018
Unpicking the EU negotiations
David Roberts, Invest NI Economist
Mar 15, 2018