Post by radovic on Nov 21, 2007 13:41:51 GMT -5
French business impressed with Bulgaria's macroeconomic indices
EMonline
We are impressed with Bulgaria’s macroeconomic indices, low unemployment and the tax policy, delegation head Pierre Morayon said.
PM Sergei Stanishev met in Sofia with a delegation from MEDEF International – the largest employer organization in France. The delegation includes representatives of Gaz de France, Bouygues, Alstom Transport, Calyon and Saur.
The two countries have potential to expand cooperation in power generation, infrastructure modernization and high technologies. Commodity exchange between Bulgaria and France in 2006 was EUR 1250 million, ranking it 6th among Bulgaria’s EU foreign trade partners. French investments in Bulgaria are to the tune of EUR 450 million. Two-way trade stood at 1,250 million euro in 2006, making France Bulgaria's sixth largest trading partner in the EU. Two-way trade stood at 820.2 million euro in the first eight months of 2007, with Bulgarian export to France increasing by 7.1 per cent from a year earlier.
French investments in Bulgaria are estimated at 450 million euro, the major investors being Societe Generale, BNP Paribas, Mr. Bricolage, Danone Group and Groupe Schneider. Montupet S.A. is building a car spares maker in an industrial park near Rousse (on the Danube).
French companies are also involved in a number of joint projects in the energy sector and high technology. Alstom Power is the project contractor in the construction of capacity at the Maritza East 1 thermal power plant. AREVA is a partner of Russia's Atomexportstroy, which won a tender to complete the construction of the Belene nuclear power plant. Dalkia International won a tender for Varna's district heating utility.
Major projects are also being implemented through military economic cooperatio. Eurocopter was selected to supply 18 helicopters for the modernization of the Bulgarian armed forces, and five of them have already arrived. (BTA)
EMonline
We are impressed with Bulgaria’s macroeconomic indices, low unemployment and the tax policy, delegation head Pierre Morayon said.
PM Sergei Stanishev met in Sofia with a delegation from MEDEF International – the largest employer organization in France. The delegation includes representatives of Gaz de France, Bouygues, Alstom Transport, Calyon and Saur.
The two countries have potential to expand cooperation in power generation, infrastructure modernization and high technologies. Commodity exchange between Bulgaria and France in 2006 was EUR 1250 million, ranking it 6th among Bulgaria’s EU foreign trade partners. French investments in Bulgaria are to the tune of EUR 450 million. Two-way trade stood at 1,250 million euro in 2006, making France Bulgaria's sixth largest trading partner in the EU. Two-way trade stood at 820.2 million euro in the first eight months of 2007, with Bulgarian export to France increasing by 7.1 per cent from a year earlier.
French investments in Bulgaria are estimated at 450 million euro, the major investors being Societe Generale, BNP Paribas, Mr. Bricolage, Danone Group and Groupe Schneider. Montupet S.A. is building a car spares maker in an industrial park near Rousse (on the Danube).
French companies are also involved in a number of joint projects in the energy sector and high technology. Alstom Power is the project contractor in the construction of capacity at the Maritza East 1 thermal power plant. AREVA is a partner of Russia's Atomexportstroy, which won a tender to complete the construction of the Belene nuclear power plant. Dalkia International won a tender for Varna's district heating utility.
Major projects are also being implemented through military economic cooperatio. Eurocopter was selected to supply 18 helicopters for the modernization of the Bulgarian armed forces, and five of them have already arrived. (BTA)