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SIA Takes Part in the 27th Convention of the Italian Chambers of Commerce Abroad


At the invitation of Ms. Rosa Cusmano, chief secretary of the Italian Chamber of Commerce in Bulgaria, Sofia Investment Agency participated in the 27th edition of the Convention of the Italian Chambers of Commerce Abroad. The conference was held on November 10-13 in Verona, Italy.

Mr. Vladimir Danailov, CEO of Sofia Investment Agency, was invited to present the activities of the Agency, the business and investment climate in Sofia, as well as to take part in international meetings and events with representatives of the international and Italian business on November 13. The meetings took place with managers of companies who stated their interest in participating in B2B meetings with Invest Sofia and receiving up-to-date information on the conditions and opportunities for business and investment in specific sectors in Sofia.

The international business forum is organized once a year by the Association of Italian Chambers Abroad and the Italian Chamber of Commerce in Verona. The event brings together representatives of chambers of commerce, Italian trade associations, universities, Italian and international institutions, small and medium-sized enterprises from all sectors, national agencies and representatives of international businesses from all over the world.

This year the conference was attended by more than 540 delegates from 61 countries. The participants discussed the potential and opportunities for international trade cooperation with Italy.

Mr. Marco Montecchi, President of the Italian Chamber of Commerce in Bulgaria, and Ms.  Rosa Cusmano, Secretary General, and Mr. Giorgio Perillo, SEO Specialist, Social Media & Branding Manager, also took part in the presentation and participation of Sofia and Bulgaria at the event.


Italy is among Bulgaria’s main trade and economic partners and the second largest export destination for our country, following Germany. In 2017, Bulgaria’s exports to Italy amounted to EUR 2.212 billion and imports totaled EUR 2006 billion.  Italy ranks third after Germany and Russia in terms of total imports in Bulgaria. The country is also the fourth largest investor in Bulgaria with companies in sectors such as construction, finance, textile production, energy, trade, etc. In 2017, the largest number of foreign tourists in Sofia came from Italy, some 70 000.