The partnership aims to encourage investment, international business and stronger regional ties between Sofia and Romania
Sofia Investment Agency and the Bulgarian-Romanian Chamber of Commerce signed a memorandum of cooperation aimed at strengthening economic relations, attracting investment and creating new opportunities for international business partnerships between Bulgaria and Romania.
The agreement provides for joint efforts by the two organizations to promote Sofia as an investment destination, support local and international companies and develop collaborative initiatives related to entrepreneurship, technology and economic cooperation.
The main areas of partnership include the exchange of expertise and business contacts, information sharing, the organization of joint events and the creation of new opportunities for European and international partnerships.
“Through this memorandum, we will work together to attract more investment and transform investor interest into real projects,” stated Dr. Maria Popova-Hristova, Chief Executive Officer of Sofia Investment Agency.
According to her, international cooperation between business organizations and institutions is among the most important factors for the region’s sustainable economic development.
“Sofia is increasingly establishing itself as a regional center for technology, services and entrepreneurship. In order for this process to remain sustainable, it is necessary to build active international partnerships and facilitate stronger connections between businesses and institutions,” she emphasized.
The memorandum also aims to facilitate companies’ access to international networks, European programs and opportunities for the implementation of investment projects.
According to participants in the initiative, partnerships of this kind can contribute to stronger economic integration in the region and enhance Sofia’s competitiveness as an investment center within the European Union.
