UpandComing Hotsports in Bulgaria

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Up-and-Coming Hotsports in Bulgaria
Dr. Stoyan StalevCEO, InvestBulgaria Agency
Swiss Invest Forum, 13 June, 2006
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Reasons to invest in Bulgaria?

• High-skilled, multilingual workforce at Europes
  most competitive wages
• Stable and predictable business environment
• The lowest operational costs and tax rates in a
  European market economy
• Industrial goods traded duty free between
  Bulgaria and the EU, EFTA, CEFTA and Turkey
• Speeded-up administrative services through
  InvestBulgaria Agency
• Excellent climate, natural scenery, food and
  hospitality

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Business sectors of highest potential for Swiss
companies
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Bulgarian hot locations for business
Delta, Greece Petreco, UK Hayat, Turkey
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Bulgarian hot manufacturing locations
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Bulgarian hot manufacturing locations, Plovdiv
Region

• Employable population in Plovdiv region 324,791
  people 9.3 unemployment high unemployment in
  Rakovski municipality
• Competitive labour cost
• Skills and traditions in metalworking, mechanical
  electrical engineering
• Technical university in Plovdiv and a number of
  secondary technical schools with programs in
  electrical engineering, mechanical engineering
  and electronics in the region

http//www.sienit.com/en/, www.investbg.government
.bg
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Bulgarian hot BPO locations
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IBA an OEM to investors

• IBA services
• Macroeconomic data on Bulgaria
• Comparative macroeconomic analyses
• Legal advice
• Data on operational costs
• Regional information unemployment, availability
  of skilled labour force, education level,
  infrastructure, foreign investors, industrial
  zones, free premises
• Identification of potential suppliers, contract
  manufacturing or joint venture partners
• Creating linkages with central and local
  governments, local university / school community,
  business consultants
• Assistance with the administrative procedures in
  Bulgaria
• Infrastructure support

InvestBulgaria Agency 1000 Sofia, Bulgaria, 31,
Aksakov Str. Tel [phone] Fax (359 2)
980 1320 E-mail iba_at_investbg.government.bg Web
www.investbg.government.bg