Burgas is the 4th biggest city in
Bulgaria and it is a great seaside destination which met a fast development in the past decade, thanks to a wide range of
foreign investments. The city continues to have full potential, but now the authorities are concerned in expanding the
industrial zone. If you are a
foreign investor who wants to explore the opportunities of
Bulgaria’s seaside, you can talk to one of our
Bulgarian company formation specialists who can help you
set up your business in the country, including
Burgas.
Production and services in the industrial zone of Burgas
About 24 hectares of beaches in Burgas are expected to be transformed with the help of varied ventures that sum up around $ 40 million. Even if the authorities declared that about EUR 25 million (BGN 50 million) were already placed in Burgas for modernization purposes, the zone offers even more potential especially through the beach areas which can generate money as soon as they transform into summer destinations with a wide range of resorts. Although the significant project named “Innovation and Competitiveness” was a good source of incomes in the industrial zone of Burgas, foreign investments are likely to pronounce at a new level starting with the years to come.
The beach zones of
Bulgaria are among locations preferred for business, and future plans for Burgas include the expansion of services related to import and export through reorganized seaports. Entrepreneurs from abroad who are interested in
setting up a company in Bulgaria can address to our
company incorporation agents in Bulgaria for complete support and guidelines. With less bureaucracy, business persons can benefit from an easy
registration process of a company in Bulgaria.
Why invest in Bulgaria’s industrial zones?
Bulgaria has a strategic location in Europe and thanks to the numerous sea exits, the country established important ties in the trading sector on an international plan. The
industrial zones in Bulgaria,
Burgas included, are among areas with an enormous potential of expansion, the investors putting the accent on innovation and modernization of the tourism sector, one of the main engine of
Bulgaria’s
economy.
If you are looking to enlarge your portfolio and
develop your activities in Bulgaria, we suggest you
contact our
Bulgarian team of company formation representatives for support and information.