What was the major event in Bulgarian economy in the last quarter and why?
I would note the trends rather than a specific event. The Bulgarian economy grew by 3.6 present of GDP in a year and unemployment fell below 6 present, both better than the Eurozone averages. In parallel, the industry continues to increase its share in the gross added value. All forecasts outline a trend of growing optimism for the Bulgarian economy.
What do you expect in the next major development in Bulgarian economy in the forthcoming quarter or further and why?
My expectations are focused on a particular pending project. We have been talking for about 15 years now about the gas supply of the Srednogorie. This region hosts several of the most important enterprises for Bulgaria, the benefits to households are also undisputable. For the coming quarter I do expect quicker solutions at institutional level for the Srednogorie gasification.
Tim Kurth has been CEO and Vice President of Aurubis Bulgaria since August 2014. As of 2015 he is also President of the German-Bulgarian Chamber of Industry and Commerce. Mr Kurth started his career in Unilever (1990-2001) and later continued in Numico where he took the position Division Manager Logistics for Milupa and Pulmoll brands until 2004. From 2004 to 2006 he worked in Opole, Poland as company's Supply Chain Director. He joined Norddeutsche Affinerie (nowadays Aurubis) in 2006 and occupied various managing positions, including Group Innovation Manager and Vice President Corporate Logistics before taking his present CEO position in Bulgaria.
What was the major event in Bulgarian economy in the last quarter and why?
I would note the trends rather than a specific event. The Bulgarian economy grew by 3.6 present of GDP in a year and unemployment fell below 6 present, both better than the Eurozone averages. In parallel, the industry continues to increase its share in the gross added value. All forecasts outline a trend of growing optimism for the Bulgarian economy.
