InvestBulgaria Agency

Workers have started an effective strike in one of the biggest factories in the Yambol vicinity and in the country - Yazaki Bulgaria.

No term has been specified as to when the protest will end.

Serge Schmidt, General Manager Bulgaria and Greece at Italcementi Group, has won the contest in the Business section of the 2014 Personality in the News, a poll conducted by Novinite.com.

Under the management of Mr. Schmidt, Devnya Cement has won the 2014 Investor of the Year award of InvestBulgaria Agency.

"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.

Devnya Cement has won the Investor of the Year award for 2014 of the InvestBulgaria Agency.

The official award ceremony was held Wednesday at Sofia Hotel Balkan.

The organizers of the event handed out awards for the most significant investment projects implemented in 2014 in Bulgaria.
The annual award ceremony was held for the ninth consecutive year.

A Kuwaiti company has expressed interest in the Belene nuclear power plant project, according to Bulgaria's Energy Minister Temenuzhka Petkova.

Petkova, as cited by Standard daily, made clear that the authorities were to collect more information about the company and its experience in the sphere of nuclear energy in particular.

The InvestBulgaria Agency is preparing a comprehensive investment promotion strategy, according to Stamen Yanev, the newly appointed Executive Director of the Agency.

Yanev, who took over Wednesday from Svetoslav Mladenov, told the Bulgarian Telegraph Agency that representatives of NGOs, businesses, and the state would take part in the preparation of the draft of the strategy.

Stamen Yanev has been appointed Executive Director of InvestBulgaria Agency, replacing Svetoslav Mladenov.

Yanev is a lawyer specialized in mergers and acquisitions as well as investment, the government's investment promotion agency said in a statement on Tuesday.

Svetoslav Mladenov, Executive Director of the InvestBulgaria Agency, has said that there has been no decrease in foreign investment in the long term.

In a Wednesday interview for the Bulgarian National Radio, Mladenov predicted a slight growth in foreign investment.

A major Chinese agribusiness company intends to invest EUR 100M in the construction of an industrial park for processing agricultural produce in Bulgaria, InvestBulgaria Agency (IBA) has announced.

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Bulgaria remains one of the best investment destinations boasting a reasonable fiscal policy and low tax rates, according to Deputy Prime Minister Daniela Bobeva.