EENI Global Business School
Business in Bulgaria. Sofia

Syllabus of the Subject - Foreign Trade and Business in Bulgaria. Sofia

  1. Introduction to the Republic of Bulgaria (European Union)
  2. Economy of Bulgaria: The metallurgical sector is one of the pillars of Bulgaria
  3. Doing Business in Sofia
  4. Bulgarian Foreign Trade (Import, Export)
  5. Foreign Direct Investment (FDI) in Bulgaria
  6. Main Bulgarian Companies
  7. Access to the Bulgarian Market
  8. Business Plan for Bulgaria

The objectives of the subject “International Trade and Business in” Bulgaria” are the following:

  1. To analyse the Bulgarian Economy and Foreign Trade (Import, Export, FDI)
  2. To know the business opportunities in the Bulgarian Market
  3. To analyse the Bulgarian trade relations with the country of the student
  4. To know the Bulgarian free trade agreements as a member of the European Union
  5. To develop a business plan for the Bulgarian Market

European Union Eastern Partnership

The Subject “Foreign Trade and Business in Bulgaria” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
  1. Doctorates: European Business, World Trade
  2. Masters: Business in Europe, International Business, Foreign Trade

European Union, Master, International Business, Foreign Trade Masters and Doctorates in International Business adapted to the Bulgarian Students

Learning materials in Courses, Masters, Doctorates in International Business in English + Study Master Doctorate Business in Spanish Bulgaria Study, Master in International Business in French Bulgarie Masters Foreign Trade in Portuguese Bulgária.

Online Student (Master International Business Foreign Trade)

  1. Credits of the Subject “International Trade and Business in” Bulgaria”: 1 ECTS
  2. Duration: one week




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Description: Foreign Trade and Business in Bulgaria

Trans-European Transport Network Corridors (Poland, Slovakia, Austria, Italy)

European Union-Central America (Guatemala, Honduras, Costa Rica, Panama, El Salvador, Nicaragua) Free Trade Agreement (FTA)

Foreign Trade Facilitation. TFA Agreement. Customs. Payments. Global Supply Chain

European Union Single Market. Free movement of people, services, capitals and goods

The Republic of Bulgaria (Europe)

  1. Capital of Bulgaria: Sofia
  2. Official Language: Bulgarian
  3. Bulgarian Area: 110,879 square kilometres
  4. Bulgarian Population: 7.3 million people
  5. Type of Government of Bulgaria: Parliamentary Republic
  6. Borders of Bulgaria: Romania, Serbia, Macedonia, Greece and Turkey
  7. Independence of Bulgaria: 1908 (Ottoman Empire), 1991 (Soviet Union)

Religion in Bulgaria: Orthodox Church (Christianity)

Bulgaria belongs to the Orthodox Civilisation (European Economic Area)

Transport Corridor Europe-Caucasus-Asia TRACECA: Azerbaijan, Armenia, Georgia, Iran, Kazakhstan, Kyrgyzstan, Moldova, Romania, Tajikistan, Turkey, Ukraine and Uzbekistan

Economy of Bulgaria.

  1. The Republic of Bulgaria is a free-market economy, and a median-upper income economy (World Bank)
  2. Bulgarian GDP (nominal): 51,030 million dollars
    1. Agriculture: 5%
    2. Industry: 31%
    3. Services: 63%
  3. GDP per capita: 12,800 dollars
  4. Bulgarian Currency: Lev
  5. Top raw materials of Bulgaria: Copper (the third European producer), iron, coal, gold, bismuth, zinc
  6. The metallurgical sector is vital for the Bulgarian Economy
  7. Main Bulgarian products: electronic devices, fuels, building materials, car components, weapons
  8. Corruption is very latent in Bulgaria
  9. Bulgaria joined the European Union in 2007
  10. Top Bulgarian Companies: BDZ, Bulgarian Air transport, Corecom, Madara, Payner Music, National Television of Bulgaria

European Union-Chile Free Trade Agreement (FTA)

Bulgarian International Trade.

  1. Main Bulgarian Exports: footwear, clothes, steel, iron, fuels, and machinery
  2. Top Bulgarian Export Markets are Germany (12%), Romania, Italy, Turkey, Greece
  3. Main Bulgarian Imports: fuels, raw materials, machinery, metals, chemical products and plastics
  4. Top suppliers of Bulgaria are Russia (17%), Germany, Italy, Romania, Greece


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