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* * EBRD leading renewable energy revolution >> New 4 Energia plant in Latvia >> New projects agreed by WGBC and EBRD >> Poland hosts EBRD meeting >> Armenia to benefit from EBRD loan >> EBRD provides loan to Kobuleti >> New sewage systems brought to parts of Slovenia >> Businesswomen receive welcome boost in Croatia >> Big boost for Lithuanian e-communications market >> Regional Energy Market should be established in Baltic Region >> Czech government announces new efficiency programme >> Renewable energy hits Croatia >> EBRD investment ensures green future >> €11 million loan to provide clean water to Bosnia and Herzegovina >> Romania set for daily fines of €38,000 >> CIMC opens production plant in Poland >> Slovenia aim to reduce building’s energy usage by 30% by 2030 >> Mapei announces HUF 1bn (€3.2m) investment in Hungary >> Mátrai Erőmű opens HUF 6.5 bln. solar power plant >> Elektroprivreda Srbije (EPS) receives €200 million loan from EBRD >> Mátrai Erőmű opens HUF 6.5 bln. solar power plant >> Hungarian government, Grundfos signs strategic partnership agreement >> GVH greenlights Veolia’s purchase of GDF Suez’s plant >>Bulgaria opens new gas transmission pipeline >> EU gives Romania a due date to close and/or restore 109 landfills > Bulgaria Expects to Choose Builder of Gas Link to Romania > EIB extends backing to SME and mid-top undertakings through BS in Slovenia >WOOD-TEC 2015: 14th International Fair for Wood and Furniture Industry in Brno > Laesti raises more capital for Sauga sawmill in Pärnu, Estonia > Poland’s BZ WBK Lease gets loan of €50 million for sustainable energy projects >Bosch invests HUF 9.3 billion in plant expansion > EBRD increases backing for sustainable energy in the Slovak Republic > EBRD targets increased energy savings in Ukraine >> EBRD and EU aim to and develop the water and wastewater services in Romania’s Ilfov County >> Enea to purchase an additional wind farm in CEE >> UPB Energy to build a EUR 30 biomass energy plant in Latvia 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China Invests more into Bulgaria

2013-09-12 00:00:00

Chinese companies and institutions have increased their investments in Bulgaria in the 1st 2 quarters of 2013 by up to 5 times the amount that was invested in the same period in 2012. For the first 6 months of 2012 EUR 14 million was invested from China into Bulgaria, this has increased to 85 million in the first six months of 2013.

The investment by China was largely targeted for the Industrial, agricultural, food, building, transport industry, Environmental industry and energy sectors. China’s overall investment in Bulgaria, is only 0.214% of the total foreign direct investment in Bulgaria, totaling EUR 37.7 billion over the past 20 years, as of today China is actually retaining only a relatively small percentage in the Bulgarian investment picture. In comparison, an equivalent investment contribution to our Bulgaria have been made by smaller countries such as Serbia ( EUR 86 .4 million in H1 2013 ) and Estonia ( EUR 80 .9 million in H1 2013 ). Considering China's size and manufacturing muscle then more investment is needed to bring it up to speed with this market, overall Bulgarian companies have invested EUR 950 ,000 in China in recent years, as indicated by the statistics of the Bulgarian National Bank.

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