site.btaPM Hails Bulgaria as "One of Southeast Europe's Most Dynamic, Promising Economies" in Meeting with US Business Representatives

PM Hails Bulgaria as "One of Southeast Europe's Most Dynamic, Promising Economies" in Meeting with US Business Representatives
PM Hails Bulgaria as "One of Southeast Europe's Most Dynamic, Promising Economies" in Meeting with US Business Representatives
On the left: Bulgarian Prime Minister Rosen Zhelyazkov at a working lunch organized by the Delphi Economic Forum and Business Council for International Understanding

Prime Minister Rosen Zhelyazkov took part in a working lunch organized by the Delphi Economic Forum and Business Council for International Understanding in New York, the Council of Ministers' press centre said here on Friday. "Bulgaria is one of the most dynamic and promising economies in Southeast Europe. With its strategic location, competitive business conditions and growing innovation ecosystem, Bulgaria provides a stable and predictable environment for companies looking to establish or expand their operations in Europe," Zhelyazkov said.

Prime Minister Zhelyazkov familiarized representatives of American business with the advantages of Bulgaria as an investment destination. Along with the country's membership in the EU and NATO, the Prime Minister highlighted the Schengen area and the eurozone accession as a guarantee of stability and predictability. Located at the crossroads of Europe, Asia and the Middle East, Bulgaria offers access to over 500 million consumers in the EU and 1.3 billion customers in neighbouring regions. With five pan-European transport corridors, four international airports, Black Sea ports and terminals on the Danube River, Bulgaria offers fast and efficient connectivity for trade, supply chains and digital infrastructure, Zhelyazkov added. 

He described Bulgaria's tax system as one of the most attractive in Europe, with a 10% flat corporate tax rate and a 10% flat income tax rate for individuals. The Prime Minister also highlighted the development of a national network of industrial zones. According to him, key sectors with strong investment potential are automotive and electric mobility, electronics and mechatronics, pharmaceuticals, renewable energy, information and communication technologies, and smart manufacturing. 

The Prime Minister highlighted the Government's commitment to improving Bulgaria's innovation performance and increasing the potential of the knowledge-based economy by prioritizing smart manufacturing, digitalization and research and development in high-tech sectors. 

The Prime Minister specifically highlighted Bulgaria's innovative potential in the form of the INSAIT institute, established with the key involvement of two of the world's leading universities – the Swiss Federal Institute of Technology in Zurich and the Swiss Federal Institute of Technology in Lausanne – as well as Sofia University, and in partnership with global leaders such as Google, Amazon Web Services and DeepMind.

In addition, Zhelyazkov highlighted the Discoverer supercomputer, located in Sofia Tech Park and ranked among the most powerful computing systems in Central and Eastern Europe. Bulgaria also supports the development of a national artificial intelligence infrastructure, including its own large language model (BgGPT) and the upcoming BRAIN++ artificial intelligence factory. Both are part of a broader government strategy to strengthen digital sovereignty and support next-generation innovation.

/RY/

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By 13:50 on 29.09.2025 Today`s news

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