19.9.2007

Romania PM Urges Romanian Firms to Invest in Bulgaria

Romanian Prime Minister Calin Popescu Tariceanu urged on Wednesday Romanian firms to invest more heavily in Bulgaria, during a working visit to Sofia.

"Romanian firms are beginning to reach the dimension that allows them to become important players in the region, not just domestically," Tariceanu told reporters at the opening of a Mobexpert store in the Bulgarian capital.

"I wish more Romanian firms would follow the example of [furniture chain] Mobexpert and [oil company] Rompetrol and invest in Bulgaria," he added.

Total Romanian investment in Bulgaria totals just EUR 75 M, including EUR 10 M by Mobexpert for its first furniture store south of the Danube.

Tariceanu is in Sofia for a working visit and is scheduled to meet with his Bulgarian counterpart Sergey Stanishev later in the day.

Source: www.novinite.com