Plovdiv’s Economic Boom: A Hidden Gem for Belgian and Dutch Investors

Plovdiv, Bulgaria’s second-largest city, is quietly becoming one of the most attractive business destinations in Southeast Europe—and forward-thinking entrepreneurs from Belgium and the Netherlands are taking notice. At the heart of this transformation is the Trakia Economic Zone (TEZ), one of the most dynamic industrial ecosystems in the region. Trakia Economic Zone: A Strategic Powerhouse […]

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Plovdiv: Bulgaria’s Rising Star for Office Investment and Expansion

For Dutch and Belgian entrepreneurs eyeing cost-effective yet strategic office locations in Europe, Plovdiv is quickly becoming a name to know. Recent research from Colliers International confirms the city’s upward trajectory as a regional business hub with significant advantages for foreign companies. Strong Growth in Modern Office Space Plovdiv now boasts over 237,000 m² of Class […]

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Schneider Electric’s €53.5M Smart Factory Expansion in Plovdiv: A Strategic Signal for Belgian and Dutch Investors

Plovdiv, Bulgaria’s second-largest city, continues to strengthen its position as a key industrial and innovation hub in Southeast Europe. The latest testament to this is Schneider Electric’s announcement of a €53.5 million investment in expanding its smart factory in the Trakia Economic Zone. For Belgian and Dutch businesses looking to expand in the region, this […]

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Beyond Sensationalism: In 2024, ProCredit Bank transformed the way we do business

Having shown that banks can work transparently and treat their customers as individuals, the bank is now looking to the future While other businesses are busy tallying their financial year in a flurry of transactions, ProCredit Bank is taking a retrospective look that shows its authentic image – without any hype or empty phrases. Their focus is […]

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Bulgaria ranks among top countries in providing favourable environment for starting businesses – World Bank report

Bulgaria ranks among top countries in providing favourable environment for starting businesses – World Bank report The World Bank released its Business Ready annual ranking, based on its updated survey of business conditions in 50 countries around the world. Business Ready 2024 is structured around three key pillars that reflect the opportunities for doing business […]

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Standard and Poor’s affirmed Bulgaria’s ratings, with a stable outlook

The international credit rating agency S&P Global Ratings affirmed its long-term and short-term foreign and local currency sovereign credit ratings on Bulgaria at “BBB/A-2”. The outlook remains stable. The stable outlook balances Bulgaria’s weaker economic growth prospects in the near term and elevated domestic political uncertainty against Bulgaria’s low net general government debt and contained […]

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Plovdiv is the second IT&BPO center in Bulgaria

Plovdiv is the second IT and BPO center in Bulgaria in terms of both number of companies and employees, which exceed 7,000. Given the trends, this number is expected to increase by nearly 5,000 people in the coming years. The Outsourcing sector is one of the fastest growing in Bulgaria and the pandemic not only […]

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Additional investments show the long-term intentions of local and foreign investors in Sofia

Over the past months, several international companies established business operations or expanded their current operations in Sofia. The city offers indisputable advantages that attract investor interest, and the decisions for additional investments show their long-term development plans in our country. Sofia is the largest economic center in Bulgaria, producing 40% of the county’s GDP and […]

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FREE MOVEMENT OF GOODS – COVID-19 AND THE MOVEMENT OF GOODS IN THE SINGLE MARKET

FREE MOVEMENT OF GOODS – COVID-19 AND THE MOVEMENT OF GOODS IN THE SINGLE MARKET   We would like to inform you that the European Commission has published several documents related to COVID-19 and the free movement of goods in the single market. In its Communication of 13/3/2020, the Commission emphasized that national measures restricting […]

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