Companies from the Exporters' Club from exporter.bg met with Romanian companies

The meeting happened during the Bulgarian-Romanian Business Forum, jointly organized by the Executive Agency for Promotion of Small and Medium-Sized Enterprises and the Balkan Trade House on the Romanian side.

Deputy Minister Lachezar Borisov: In 2018, the turnover of food-producing enterprises increased by 3.9% and represents 7.1% of the total export of the country.

Companies from the Expectorate Club to exporter.bg met with Romanian companies. This happened during the Bulgarian-Romanian Business Forum, jointly organized by the Executive Agency for Promotion of Small and Medium Enterprises (BSMEPA) and the Balkan Trade House on the Romanian side.

The turnover of food-producing enterprises in 2018 increased by 3.9% and represents 7.1% of the total export of the country. This was announced by Deputy Minister of Economy Lachezar Borisov at the inauguration of the forum.

The forum was attended by nearly 85 Bulgarian and Romanian companies, most of them from the food industry. “In Bulgaria, food production is carried out by about 6220 companies, with nearly half of them located in the South-Central and South-Western regions,” Borisov explained.

The Deputy Economy Minister said the business forum is another step to unlock the potential that the two countries have in the economic field. “The proof is that in 2018, bilateral trade is approaching 5 billion euros. In the first six months of this year alone, trade amounted to EUR 2.355 billion, an increase of 5% over the same period last year,” Borisov stressed. According to him, Bulgarian exports also increased by 6.7% in the first half of this year and reached 1.226 billion euros.

Borisov also said that there is potential for increasing volumes in bilateral trade in the areas of: mechanical engineering, electronics and electrical engineering, construction, food industry, textile industry, IT, outsourcing and the automotive industry. “We need to focus our efforts on common innovative projects from which we can draw potential in our strategic partnership in the EU, because both countries are on the investment map in the region,” he concluded.