THE REGION OF STARA ZAGORA WELCOMES YOU TO THE HEART OF BULGARIA!
Our location on
the crossroads of European transportation corridors 8 and 9, connecting Europe
and the Middle East, the Scandinavian countries and the Mediterranean,
is ideally suited for international
commerce.
Having long
been a national centre for industry and agriculture, Stara Zagora offers an infrastructure
developed to facilitate the relocation or expansion of your business. Our well-educated labor force is a
valuable asset to potential investors. Stara Zagora
is a university city
with many specialized secondary schools and accelerated language schools that
provide international investors with a talent pool trained in modern commerce
and a workforce fluent in foreign languages.
With the support of the local governments, Stara Zagora has welcomed many
prestigious foreign firms into the region. The Regional Investment Promotion Centre provides full on-site assistance to
potential investors and foreign partners.
The Stara
Zagora Region represents a major economic factor in the national economy. The
10 municipalities: Stara Zagora, Bratya Daskalovi, Chirpan, Gurkovo, Kazanlak,
Maglij, Nikolaevo, Pavel Banya, Opan, Radnevo - welcome and offer their
support to the potential investors!
The Stara Zagora Sredna Gora AD furniture producer entered this year restoring its production to the highest level of 2008.
We hope to be the first out of it, too, the CEO Alexander Paleshutski anticipated not too long ago.
Sredna gora has been working for the Swedish company IKEA which is a global leader in the field of furniture production for 30 years. Sredna Gora AD exports over 98% of its production to countries all over the world. At this time the company is producing mainly chairs of Scots Pine (Pinus sylvestris) and beech tree (Fagus). We work with Bulgarian materials. Last month our average daily output was 2298 chairs. Same results we achieved in 2008 which was one of the busiest years for us, Mr. Paleshutski explained. We are now in a much better position compared to 2009 when our production had gone down to 1200 chairs, he added.
Bulgaria Finance Minister, Simeon Djankov, has stated that the fact
that Bulgaria’s own forecasts coincide with those that the IMF
announced Monday is a “great success”.
Djankov and Bulgaria PM Boyko Borisov gave a joint briefing
following the IMF announcement. They both agreed that Bulgaria’s
chances of entering the ERM II have "increased and become more
realistic" after the analysis and findings of the IMF mission.
The Stara Zagora Chamber of Commerce and Industry has
been working to have Stara Zagora
region included in the ECREIN network since
2008. As a result of the successful implementation of the European Ecobridges Project and the established partnerships, and
due to the exisiting problems in the region, Stara Zagora Chamber of Commerce
and Industry was invited to continue the partnership and merge Stara Zagora region to ECREIN network.
Airport's ownership transfer to the Ministry of Transportation is expected
to become a fact by May 2010. A
concession procedure could be launched
then. This form has proved functional in Bulgaria,
after Burgas and Varna
airports concessions were awarded to Fraport, Ivan Noykov, Stara Zagora Airport Manager, comments.
Stara Zagora is the only Bulgarian city achieving top positions in FDI Magazine's Cities and Regions of the Future2010/2011 rankings. The city of Stara Zagora was ranked 2nd in two categories such as top 5 FDI Strategy- Eastern Europe and top 5 micro FDI Strategy (micro cities have a population of less than 250,000).
The international fund Quorus Ventures will be investing BGN 100 M in a factory near Stara Zagora, to build a new generation electric car. The announcement was made by the Bulgaria's PM Boyko Borisov following a meeting with representatives of the fund during his official visit to the UK, on February 8, 2010. It was confirmed by Mr. Jamie Robertson, representative of Zero Carbon Technology (ZCTx), after a meeting with Stara Zagora Mayor yesterday, February 9, 2010.
A Partnership for creating a Regional One-Stop Investment Office for the Stara Zagora Region
PHARE 2004 - BG 2004/016-711.11.04 Support for Increasing the Competitiveness of
Bulgarian Enterprises/Public-Private Partnership Grant Scheme
The project is implemented with financial support of the European Union and Republic of Bulgaria. This website reflects the views only of its authors, and the Commission cannot be held responsible
for any use which may be made of the information contained therein.
Our location on
the crossroads of European transportation corridors 8 and 9, connecting Europe
and the Middle East, the Scandinavian countries and the Mediterranean,
is ideally suited for international
commerce.
