Economy Minister Dimitrov Committed to Full Assistance for Large Finnish Companies

"I have undertaken personally and in my capacity as minister to give full assistance to large Finnish companies," Economy and Energy Minister Peter Dimitrov said after conferring Monday with Finnish Minister for Foreign Trade and Development Paavo Vayrynen.

Dimitrov explained that he will assist Finnish companies whose representatives are included in the delegation of the Finnish minister in both administrative terms and in the provision of resources of land, qualification and the construction of infrastructure, so that high technologies could be introduced in Bulgaria more quickly.

"It is most fortuitous that the delegation of Minister Vayrynen includes representatives of the large Finnish companies in the field of information and information technologies - something which is dominant in Bulgaria's national interests," Dimitrov added. He expressed hope that these companies will invest in Bulgaria.

The Finnish side showed interest in renewable energy sources, Dimitrov said, adding that some 15 million euro can be invested in energy projects in Bulgaria.

"We invited Finland to provide consultancy assistance in the preparation of our strategy in the field of information and communication technologies, as well as in the absorption of EU
funds," Dimitrov also said, adding that he had invited Nokia to transfer part of its production on the territory of the Republic of Bulgaria.

Vayrynen said the most important reason for their visit to Bulgaria was the fact that there was increased interest on the part of investors in Finland. Bulgaria is a member of the EU,
which means that the country will have to introduce all legislative requirements acting on the territory of the union and this, in turn, guarantees that the economic environment will be stable and predictable and therefore attractive for investments, the Finnish guest said.

In his words, Bulgaria has a relatively low price of production, which is also attractive to investors from Finland. Vayrynen said it is to Finland's interest to offer its expert experience in the field of investments, in the field of providing a business environment," Vayrynen added. "We are here to establish contacts that would lead to the signing of contracts in the future."

"Bulgaria is the most attractive destination for investments in Europe related to the relocation of production," Dimitrov said later when he and Vayrynen opened a Bulgarian-Finnish business forum.

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