Why Bulgaria
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Transcript of Why Bulgaria
• Bulgaria
• Varna
• Eurolink Investment Group
• Black Sea Pearl
Qatar Presentation
We make things happen
• Area: 110,994 sq. km • Population: 7.8 million • Political system: Parliamentary Democracy • Predominent Religion: Eastern Orthodox • GDP: EUR 16,6 billion • GDP per Capita: EUR 2,110 • Inflation: 5% • Unemployment: 10,4
Bulgaria at a glance
We make things happen Source: Invest Bulgaria Agency
• Highly skilled, multilingual workforce at Europe’s most competitive wage
• Stable and predictable business and political environment
• EU membership since January 1, 2007 gives access to markets of over 500 million customers
• The lowest operational costs and tax rates in European market economy
Reasons to invest in Bulgaria (1)
We make things happen Source: Invest Bulgaria Agency
Reasons to invest in Bulgaria (2)
We make things happen
• Flat corporate tax of 10% • VAT exemption on equipment imports for
investment projects of over EUR 5 million • Annual depreciation rate of 50% for software and
hardware, new machinery and equipment • 61 treaties for avoidance of double taxation, 66
agreements on mutual protection and promotions of foreign investments
Source: Invest Bulgaria Agency
Bulgaria Fact Sheet (1)
We make things happen
Sustained growth, Euro pegged, GDP (Euro bn)
21,90
25,20
28,90
34,1035,20 36,20
0,00
5,00
10,00
15,00
20,00
25,00
30,00
35,00
40,00
2005 2006 2007 2008 2009 2010
Source: Invest Bulgaria Agency
Bulgaria Fact Sheet (2)
We make things happen
Low inflation
2004 – 4.0 %
2005 – 6.5 %
2006 – 6.5 %
2007 – 12.5 %
2008 – 7.8 %
2009 – 4,6 %
Inflation, (annual change, %) 2002 - 2008
Source: Bulgarian National Bank
Bulgaria Fact Sheet (3)
We make things happen
Southeast Europe’s leader in attracting FDI Registered FDI Inflow 1999 – 2008, m
6549
8596
6222
31522736
1851
866 9809031103
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Source: Invest Bulgaria Agency
Bulgaria Fact Sheet (4)
We make things happen
Southeast Europe’s leader in attracting FDI Registered FDI as % of GDP, 2008
Source: Invest Bulgaria Agency
2,503,003,403,70
4,204,90
18,10
5,505,60
6,60
0
2
4
6
8
10
12
14
16
18
20
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Rep
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