Premier Radev calls on US companies to invest in Bulgaria

The government’s goal is for Bulgaria to develop as a democratic European country, Prime Minister Rumen Radev said in Sofia at a business breakfast with the American Chamber of Commerce in Bulgaria. He said the government’s program rests on two pillars: dismantling the oligarchic model and accelerating economic development.

“It is time for American investment to come to Bulgaria in areas such as AI factories, high-capacity data centers, robotics, mechatronics, semiconductors, as well as the space and defense sectors”, Rumen Radev said.

Bulgaria is well positioned to achieve sustainable economic growth because it is a member of the EU and NATO, has strong international partnerships and has talented people, Tommy Ver Elst, president of the American Chamber of Commerce in Bulgaria, said in response. According to him, the United States is among the six leading foreign investors in the country, with more than 100 American companies providing over 40,000 jobs.

Edited by Ivo Ivanov

Translated by Kostadin Atanasov