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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Announcement

Dear friends, The corona epidemic is strongly impacting all of us, our life, our family and our daily work. We all hope that you and your beloved one’s can stay safe and healthy! And please, do follow the imposed safety regulations: respect social distance and avoid unnecessary travel. To further serve you, the Bg Advise […]

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LICENSE FOR TRANSPORTING GOODS AND PEOPLE IN BULGARIA

Business in Bulgaria – Getting a license for transporting goods and people. Conditions to obtain a Community license for passenger and freight transport operations in Bulgaria. According to Art. 2 Par.1 or ORDINANCE no. 11 of the Minister of Transport, Information Technology and Communications for international passenger and freight transport, dated from 31 October 2002 […]

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Business in Bulgaria Wood Products Sector

With a population of more than 7 million and an  area of more than 110,000 square kilometers, Bulgaria is recognized as a medium-sized European country. Bulgaria, like many of its eastern European neighbors, has large forested areas across its territory. In addition, forests cover more than 4 million hectares or 37 percent of the total national […]

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Medicinal herbs for good health and business

For the ninth consecutive year, Bulgaria ranks first among EU countries in the production of herbs and spices. According to Eurostat data, just over 71,000 tons of aromatic and medicinal plants and spices were harvested in the country in 2018. The harvest of the second in the ranking, Poland, is nearly twice as small – […]

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Belgium’s tax burden continues to rise

While  Belgium  is  one  of  the  highest  taxation  countries  around  the  world, the West  European  country  continues  to  increase  its  citizen’s  tax  burden. Taxes  of  47% of  its  Gross  Domestic  Product  (GDP)  were  raised  in  Belgium  in  2017.  The  figure  in  2018  was  47.2%. Belgium has a high-tax silver medal in the EU. France took the […]

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Мanufacturing and Еngineering industries, Bulgaria

Мanufacturing and Еngineering industries, Bulgaria The Bulgarian market provides a favorable environment for companies in terms of resource availability, macroeconomic stability and legal framework, operating in the various manufacturing and engineering sub-sectors. Traditionally, international and local FMCG producers (food, beverages, pharmaceutical, tobacco, cosmetics, etc.) have been and are showcasing their production units in Bulgaria very […]

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Organic agriculture in Bulgaria

Organic agriculture in Bulgaria Bulgaria is one of Europe’s richest countries in biodiversity. The territory of the country covers parts of the three biogeographical regions Alpine, Black Sea and Continental, although small in  area (10,900 km2). The country’s geographic position in the southeastern part of the continent, the complex history of palaeogeography and paleoclima, varied […]

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OUTSOURCING

Bulgaria is an established leading global outsourcing and offshoring destination. Bulgaria has a world class qualified and talented workforce speaking numerous languages ​​and with high-end technical skills. The mix of multilingual talent pool, competitive operational costs, cultural proximity and expertise in the outsourcing industry make Bulgaria top outsourcing destination in Europe and one of the […]

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