A small country but yet an interesting destination attracting many foreign investors. Bulgaria is a small country but a real hidden gem when it comes to economical growth. The last years the Bulgaria gets more and more attractive for foreign companies to extend in it. Some of the numerous benefits are low tax rates, developing infrastructure, strategic location, more flight connections to different countries, culture, good climate, delicious food, and these are just some of the few benefits why it is interesting to start a business in Bulgaria.
The largest number of foreign investors at the moment are from Western Europe and the USA. Some of the branches there are involved like: trading, production, finance, IT, electronics, transport, etc.
Investors from Germany include: SAP, Kaufland, METRO, HIT, Willi Betz, Lufthansa Technik GmbH, Siemens, Allianz, Lidl, Liebherr Hausgeraete, ABB, Tengelmann Konzern, Hamberger, Ixetic, Rollmann & Partner, Eichhoff Electric GmbH, Nemetschek AG. There are also some English companies like: Shell, Boyar International, Karbo Ltd, William Hughes, Imperial Tabacco Group Plc.
Other foreign investors come from France (Societe Generale, Carrefour, Schneider Electric, Montupet SA); Austria (Telecom Austria, Eurobilla, OMV, Raiffeisen Bank, Bramac, Palfinger); Switzerland (Nestle, ALPIQ Holding Group, Adecco, Holcim, Socotab); USA (Microsoft, IBM, Johnson Controls, Hewlett Packard, AMIS, News Inc, Sutherland Global Services, Kraft Foods); Japan (Yazaki, Mitsubishi Heavy Industries, Tokushukaial Corp); Italy, Spain, Hungary, Czech Republic, Russia.
These are only a few of the large companies but there is one thing for sure – the number of investments is growing fast. Definitely a good destination to invest some time and money in. Most likely there will be more foreign investors coming to Bulgaria the next years.
If you are interested to get to know better the tax laws and requirements, or just start your own company in Bulgaria – Contact us