Soft infrastructure

The Municipality has recently easy access to online or offline information resources on starting a business in Burgas.

The information offered is divided into the following categories:

• Main economic activites
• Types of enterprises
• Registration, management and financing of enterprises
• Electronic portal for administrative services
• Concession registry
• Euro integration opportunities
• Public companies
• Security
• Local taxes etc.

Why Bulgaria?

Stable political environment

• member in NATO
• member of the EU
• macroeconomic and financial stability
• real GDP growth - 3.0% (2015)
• inflation, annual change - -0.9% (2015)
• unemployment rate - 10.0% (2015)
• without currency risk, fixed exchange rate of BGN to EUR
• budget surplus - 3.7% (2014)
• gross state debt - 27.0% (2014)
• Most favorable taxes in the EU

Labor

• highly qualified, multilingual workforce
• the most competitive wage levels in Europe
• 45 000 Bulgarian students in Europe
• The lowest operating costs in Europe

Strategic geographic position as a bridge between Europe and Asia and direct access to key markets:

• European Union
• Organization of Independent States (CIS)
• Turkey
• Middle East
• North Africa

Why Burgas?

• Favorable geostrategic position - logistic and commercial infrastructure - port, airport, rail, duty-free area.
• Well-developed transport infrastructure and trans-European corridors.
• Port city with its own international airport
• Existence of well-developed energy, power distribution and communication networks.
• A well-developed network of health, education and social institutions.
• Over 110 non-governmental organizations and civil society structures that actively interact with local authorities and institutions.
• Presence of Protected Areas, Biodiversity and Cultural Heritage - a Prerequisite for the Development of Alternative Forms of Tourism.
• Successful implementation of strategies, policies and programs to achieve high rates of economic growth, boosting competitiveness, economic and social cohesion with other regions of the European Union.