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Business in Bulgaria, Sofia, Metallurgy
![Syllabus of the Subject](img/Syllabus-Subject.png)
Bulgarian Foreign Trade and Economy. Business in Sofia (Bulgaria)
- Introduction to the Republic of Bulgaria (EU)
- Economy of Bulgaria: The metallurgical sector is one of the pillars of Bulgaria
- Business in Sofia
- Bulgarian Foreign Trade
- Investment in Bulgaria
- Main Bulgarian Companies
- Access to the Bulgarian Market
- Business Plan for Bulgaria
Sample:
![Trans-European Transport Network Corridors (Poland, Slovakia, Austria, Italy)](img/Paneuropean-Corridor-IX.jpg)
The objectives of the subject “International Trade and Business in Bulgaria” are the following:
- To analyze the Bulgarian Economy and Global Trade
- To identify business opportunities in the Bulgarian Market
- To analyze the Bulgarian trade relations with the student's country
- To know the Bulgarian Trade Agreements as a member of the EU
- To develop a business plan for the Bulgarian Market
![E-learning Course Master, International Business](img/European-Student-Master-Foreign-Trade.png)
![Foreign Trade and Business in the EU Countries](insta/CourseBusinessEUCountries.png)
International Trade and Business in Bulgaria
![Trans-European Transport Corridors](insta/EuropeanCorridors.png)
![EU International Relations](insta/CourseEURelations.png)
![Trade Facilitation Programs. TFA Agreement](insta/Trade-Facilitation.png)
- WTO
- GATS
- Agreement on Sanitary Measures
- Agreement on Technical Barriers to Trade
- Agreement on Preshipment Inspection
- Agreement on Safeguards
- Trade Facilitation Agreement
- WCO
- Kyoto Convention
- COTIF Convention (Rail)
- BIC
- Chicago Convention (ICAO)
- IMO
- Convention for Safe Containers
- Istanbul Convention
- Customs Convention on Containers
- Convention Harmonization of Frontier Controls of Goods
- COTIF Convention (Rail)
- CMR Convention
- IRU
- TIR Convention
- Guidelines on Safe Load Securing for Road Transport
- CIM & CIT Rules (Rail)
- Organization for Cooperation between Railways (OSJD)
- ICC
![The EU and Their Institutions](insta/CourseEUInstitutions.png)
- 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
- WB
- WTO
- IMF
- 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).
![Orthodox Christianity, Ethics and Global Business](insta/OrthodoxyBusiness.png)
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
Sample:
![Transport Corridor Europe-Caucasus-Asia TRACECA: Azerbaijan, Armenia, Georgia...](img/TRACECA.jpg)
![Foreign Trade (Importing, Exporting)](insta/Foreign-Trade.png)
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 (1995-2024)
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