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Last reviewed: 26 August 2009

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TRADE AND INVESTMENT

UK TRADE & INVESTMENT

Taken cumulatively, Britain was the fourth largest investor into Bulgaria between 1999 and 2008, with a total of €8,428 million, following Austria, the Netherlands and Greece. UK investment in Bulgaria in the first quarter of 2009 increased by 23.5% compared to the first quarter in 2008 from €2,258 million to €2,784.7 million. Bilateral trade has been growing steadily since 2001. In 2008 UK Exports to Bulgaria reached £201.4 million (increase of 21% on 2007 figures), with the highest value exports being specialised machinery for particular industries, telecoms and sound recording equipment and electrical machinery and appliances.

There is increasing interest from UK companies in Bulgaria and it is an important and growing business for UK consultants. Priority sectors include:

  • Water - the introduction of private-public partnerships in the water sector in Bulgaria opened new opportunities for UK water companies and consultancies. Significant EU funding will be allocated for the construction and improvement of water and wastewater infrastructure.
  • Environmental - improvement and development of waste treatment infrastructure, cleaner technologies and processes, environmental consultancy and monitoring, renewable energy production.
  • Transport infrastructure - EU funding will help the construction and extension of roads, railways, ports and airports, with ongoing opportunities for consultancy and equipment.
  • Education and Training - especially health and safety training, professional English training, vocational training, supply of special education needs products, supply of content for e-study books and distance learning.
  • Communication - one of the UK’s main exports.
  • Advanced engineering and Specialised machinery.

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Contacts

Bulgaria

Address:

Embassy of the Republic of Bulgaria
186–188 Queen's Gate
London SW7 5HL

Telephone:

(020) 7584 9400/9433
(020) 7589 3763 (Consular: Inquiries 1300-1500)
090 6554 0750 (Consular 24 Hour Automated Booking system)
(020) 7581 4903 (Commercial)

Fax:

(020) 7584 4948
(020) 7581 9073 (Consular)
(020) 7589 4875 (Commercial)

Email: trade@bulgariaembassy.org.uk

Office hours:

Mon–Fri: 0900–1800      

Consular Section:
Mon-Fri: 0930-1230 (with an appointment)
Mon-Fri: 1230-1400  (without an appointment)

Website: http://www.bulgarianembassy.org.uk