InvestBulgaria Agency Chair: Bulgaria to Draw Investors Using Concrete Projects

"Concrete projects must be proposed that we know beforehand will be intriguing to investors we want to attract. Thus the opportunity for our message to reach its target is much bigger than if we just present the conditions for doing business in Bulgaria. For example, airports in Stara Zagora and Ruse, the regions with a concentration of mineral springs or the opportunities which the National Company Industrial Zones are only part of the projects we can put forward for potential investors." These are part of the conclusions of InvestBulgaria Agency's new CEO Stamen Yanev in his interview for Novinite.

Yanev is a lawyer specialized in mergers and acquisitions as well as investment. His career has made him part of big international consultancies among which are subdivisions of some of the four biggest auditing companies in the world. He is also a member of the Sofia Bar Association and a Senior Assistant at the Bulgarian Academy of Science's Institute for Legal Studies.

Mr Yanev, InvestBulgaria Agency has recently handed out the 2014 Investor of the Year awards. How did you choose the winners?

On February 4 I had the pleasure of opening the awarding ceremony of the 9th edition of the Investor of the Year competition. This is a competition which has turned into a tradition for Bulgaria. This is the most valuable forum in our area. This has been proved by the investors' interest in the competition, which inspires with their respect, and the strong competition. This is why InvestBulgaria Agency approaches to the assessment of nominations with responsibility so that determining the winners lacks subjectivity. This year the projects were assessed in accordance with a set of indicators: value of the investment...