 Business in Bulgaria. Sofia
Syllabus of the Subject - Foreign Trade and Business in Bulgaria. Sofia
- Introduction to the Republic of Bulgaria (European Union)
- Economy of Bulgaria: The metallurgical sector is one of the pillars of Bulgaria
- Doing Business in Sofia
- Bulgarian Foreign Trade (Import, Export)
- Foreign Direct Investment (FDI) in Bulgaria
- Main Bulgarian Companies
- Access to the Bulgarian Market
- Business Plan for Bulgaria
Transport Corridors related to Bulgaria- International North-South Transport Corridor (India-Russia)
(Observer country)
- Pan-European Corridor IX (Finland-Russia-Greece)
- Access to the
Trans-Caspian Trade and Transit Corridor (Central Corridor)
Preferential Access and Free Trade Agreements of Bulgaria
- Bulgaria and the
Orthodox
Economic Area /
European Economic Area
- European Union
- As a member of the European Union, Bulgaria is a beneficiary of the
EU Free trade agreements:
Egypt,
Jordan,
Lebanon,
Ukraine,
Moldova,
Georgia...
- Organisation of the Black Sea Economic Cooperation
- Central European Initiative (CEI)
- Free Trade Agreement between Bulgaria and
Bosnia and Herzegovina
The objectives of the Subject “Doing Business in Bulgaria” are the following:
- To analyse the Bulgarian Economy and Foreign Trade (Import, Export, FDI)
- To know the business opportunities in the Bulgarian Market
- To analyse the Bulgarian trade relations with the country of the student
- To know the Bulgarian free trade agreements as a member of the European Union
- To develop a business plan for the Bulgarian Market

Description of the Subject: Doing Business in Bulgaria
The Republic of Bulgaria (Europe)
- Capital of Bulgaria: Sofia
- Official Language: Bulgarian
- Bulgarian Area: 110,879 square kilometres
- 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 Civilisation (European Economic Area)

Economy of Bulgaria.
- The Republic of Bulgaria is a free-market economy, and a median-upper income economy (World Bank)
- 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 European Union in 2007
- Top Bulgarian Companies: BDZ, Bulgarian
Air transport, Corecom, Madara, Payner Music, National Television of Bulgaria

Bulgarian International 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
Economic Organisations and Conventions of Bulgaria
- Regional Cooperation Council
- International Chamber of Commerce
-
Economic Commission for Europe (UNECE)
- European Union
- United Nations (UN)
- World Bank
(WB)
- World Trade Organisation (WTO)
- International Monetary Fund
(IMF)
- Group of States of the European Council Convention against Corruption (GRECO)
- Intergovernmental Organisation for
International Carriage by Rail (OTIF). COTIF Convention
- International Rail Transport Committee (CIT)
- Organisation for Security and Cooperation in Europe (OSCE)
- Organisation for Economic Cooperation and Development (OECD)
-
Convention Relating to Temporary Admission

(c) EENI Global Business School (1995-2021)
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