AHK Bulgarien: Trade between Sofia and Berlin Reaches a Record EUR 11 Bln

At an official ceremony in Sofia, the German-Bulgarian Chamber of Industry and Commerce presented its annual German Economy Awards which highlights companies with a significant contribution to the development of Bulgarian-German economic relations for the previous year.

According to the data presented during the event, trade between Sofia and Berlin reached a record of 11 billion euros in 2022. Despite the pandemic and the war in Ukraine, Germany remains the main trade partner of our country with exported goods and services for 6,195 billion euros and imports for 4,932 billion euros. The Chamber believes that both countries should encourage projects and investments in areas such as energy, decarbonization, and sustainability.

AHK Bulgarien hands out statuettes in four categories – “Large Enterprise”, “Small and Medium Enterprise”, “Social Responsibility” and “Startup Company”. Among the evaluation criteria are: investments in Bulgaria, the number of created new jobs, increase in trade with Germany (import or export), initiatives towards increasing the qualifications of employees, environment and climate action projects, social impact, innovations, energy-saving and environmentally friendly technologies, etc.

We are glad that again Sofia-based companies have been awarded. Bosch Bulgaria received recognition for their activities in the “Large enterprise” category, Dronamics for “Small and medium-sized enterprise”, again Bosch Bulgaria in the “Social responsibility” category, and Varna’s Kinetik Automotive was awarded for a start-up company.

At the invitation of the Chamber, our CEO Dr. Maria Hristova joined the ceremony. Among the official guests were also the Minister of Innovation and Growth Stefan Savov, the ambassadors in both countries – H.E. Irene Plank and HE Elena Shekerletova, as well as representatives of AHK member companies.