
Doing Business in Bulgaria
Syllabus of the Subject - Foreign Trade and Business in Bulgaria. Sofia.
- Introduction to the Republic of Bulgaria (EU);
- Economy of Bulgaria: The metallurgical sector is one of the pillars of Bulgaria;
- Doing Business in Sofia;
- Bulgarian Foreign Trade;
- Foreign Direct Investment in Bulgaria;
- Main Bulgarian Companies;
- Access to the Bulgarian Market;
- Business Plan for Bulgaria.
The objectives of the subject “International Trade and Business in” Bulgaria” are the following:
- To analyze the Bulgarian Economy and Global Trade;
- To know the business opportunities in the Bulgarian Market;
- To analyze the Bulgarian trade relations with the country of the student;
- To know the Bulgarian free trade agreements as a member of the EU;
- To develop a business plan for the Bulgarian Market.



International Trade and Business in Bulgaria





- The EU
- ECB;
- EIB;
- EBRD;
- EU-CELAC Summit.
- UNECE;
- OSCE;
- Group of States of the European Council Convention against Corruption.
Global Organizations
- OECD anti-corruption measures;
- UN
- UNCTAD;
- ITC;
- UNCITRAL;
- WIPO.
- WB;
- WTO;
- IMF.

The Republic of Bulgaria (Europe).
- Capital of Bulgaria: Sofia;
- Official Language: Bulgarian;
- Bulgarian Area: 110,879 km²;
- Bulgarian Population: 7.3 million people;
- Type of Government of Bulgaria: Parliamentary Republic;
- Borders of Bulgaria: Romania, Serbia, Macedonia, Greece and Turkey;
- Independence of Bulgaria: 1908 (Ottoman Empire), 1991 (Soviet Union).
Religion in Bulgaria: Orthodox Church (Christianity).
Bulgaria belongs to the Orthodox Civilization (European Economic Area).


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

Bulgarian Foreign Trade.
- Main Bulgarian Exports: footwear, clothes, steel, iron, fuels, and machinery;
- Top Bulgarian
export markets are Germany (12%), Romania, Italy, Turkey, Greece;
- Main Bulgarian Imports: fuels, raw materials, machinery, metals, chemical products and plastics;
- Top suppliers of Bulgaria are Russia (17%), Germany, Italy,
Romania, Greece.

(c) EENI Global Business School (1995-2023)
We do not use cookies
Top of this page
|