Deputy Minister of Innovation and Growth Martin Danovsky participates in the presentation of the Bulgarian-Czech Chamber of Commerce
Creating a stable and predictable regulatory environment is key to the trust of Bulgarian and foreign investors in Bulgaria. The government will work to build it in all components towards investors and business partners of the state. The environment must be sustainable and constructive for doing business and living a good life. This was stated by Deputy Minister of Innovation and Growth Martin Danovsky at the presentation of the newly established Bulgarian-Czech Chamber of Commerce.
“We have a common goal – creating a favorable environment for attracting mutual investments to increase the competitiveness of both economies. I am sure that with the support of the Czech Embassy and the Czech community, the Chamber will become a connecting link between the business community and the governments of the Czech Republic and Bulgaria,” Danovsky added.
According to him, Bulgaria’s competitive advantages of recent years must be reviewed and updated to meet the interests of investors. It is necessary to build an economy based on production with higher added value, an increased technological level of enterprises and greater productivity of services and industry.
Danovsky also emphasized the potential for cooperation between Bulgaria and the Czech Republic in mechatronics, electronics, electrical engineering, information technology and mechanical engineering. He also pointed out the Czech Republic’s successes in the automotive industry and the well-developed environment for the sector in Bulgaria.
The Deputy Minister’s words also made it clear that the Ministry of Innovation and Growth has significant financial resources, which are aimed at competitiveness, innovation, technological modernization, circular economy, and strengthening and enhancing the relationship between scientific research and business.
