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INTERNATIONAL ECONOMIC FORUM DANUBE Vratsa, 10-11 June 2008 Session 4 - Priorities and Projects of International and Cross-border Cooperation Giancarlo Bertelli Vicepresident of PROMOFIRENZE - Special Agency of the Chamber of Commerce of Florence
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Vratsa, 10-11 June 2008
Session 4 - Priorities and Projects of International and Cross-border Cooperation Giancarlo BertelliVicepresidentof PROMOFIRENZE - SpecialAgencyof the ChamberofCommerceofFlorence
Mumbai, Lima, Moscow, Beijing, San Paolo, Tokyo, Casablanca, Mexico City, Buenos Aires, Abu Dhabi
and assistance services
Our structure also can count of several direct agreements with foreign partners (Chambers, Associations, Institutions)
In this framework Promofirenze signed a co-operation agreement with the Chamber of Commerce of Vratsa with the aim of supporting the business exchange within the two areas.
The EU collects the 62,9% of the Bulgarian export and provides the 59,8% of the total import;
Italy is the second export market and the second importer in absolute, after Germany;
Italy is effective in terms of direct investments in Bulgaria: 2 billions €, expected to grow to 4 billions with the accession of ENEL.
The Business exchange with Bulgaria. Comparison of italy, Tuscany and Florence by sectors:
Following the market’s figures the main investment could be in the building and construction sector
REASONS: Annual growth factor of 6-10%, growing banking allowance or companies, big infrastructures projects (EU and BERS financing)
Opportunities for Italian building material products (+20% in 2006 tiles and metal structures for building)
Other interesting opportunities in the
Automotive sector and spare parts sector(+50% from 2003 to 2007)
Agrofood sector(34 millions € in 2006 and +31% on the 2005)
Fashion and clothing sector(growing in parallel with the Bulgarian pro capita income)
Those are the key sectors for the Florentine and Tuscan economy.
Target: supporting Italian companies in their efforts towards commercial and industrial penetration in Bulgaria
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