Sofia

☆ Bulgaria Joins The World’s Best Manufacturing Countries Rankings

News Analysis: Bulgaria Joins The World’s Best Manufacturing Countries Rankings (thus having a high probability of Economic Global Success for its 7 Million People). Chemical Processing, Machined Products and Equipment, Metals Smelting, and  Petroleum Processing are its Manufacturing Strengths; it is rich in Coal, Copper, Iron, and Lead. Bulgaria allegedly is the World’s Largest Producer of Essential Oils for Perfume Production.

Bulgaria has ample water with over 500 rivers and extensive Nuclear Power Production for Electrical Demands of Manufacturers. 

Most of the Country’s manufacturing is centered around Sofia, its Sophisticated Capital.

Europe’s Fourteenth Largest Country is of 110,994 Km2 (42,855 Mi2) with Sixty-seven Percent of Bulgaria’s Population  being 54 years of age or younger;  good ages for Employment Longevity for Manufacturers.

Many Economists think a 5.9% Production Growth Rate will be applicable for 2014.

The Nation has  Corporate and Personal Income Tax Rates of a mere 10%; Very Wise for Good Business.

Entrepreneurs as well as Investors should well-consider Bulgaria for Business Activities.

Reality.

Reference: http://www.novinite.com/articles/158736/Bulgaria+Scores+Among+Top+High+Growth+Locations

Greek Investors Expand Into The Pastoral Area Of Bulgaria

News Analysis: Greek Investors Expand Into The Pastoral Area Of Bulgaria by seeking 2,000 Dekares (494 Acres) of land to create a large Dairy Processing Operation. The Wisdom of  this move can be, in part, supported by the purported 10% Corporate and Maximum Personal Tax Rates in Bulgaria Vs. 26% Corporate and 42% Maximum Personal Tax Rates in Greece. Additionally, the widely reported Corruption of Greek Military and Political Leaders regarding past Defense Contracts with Foreign Companies dissuades many to invest in Greece.  Until Greek Authorities Get Serious about Prosecuting those ‘Economic Traitors’ and Incarcerating those found Guilty, No Change will occur. It will be “Same-O, Same-O”; merely “Changes in the Actors but the same Script”. Other Greek Investors may go to Bulgaria as a result.

The Bulgarian Government in Sofia is wise to keep the Tax Rates at 10%; Entrepreneurs and Investors will put their Monies where they can get a Decent Financial Return for their Risk. The 28 Provinces of Bulgaria allow for a wide sphere of Agricultural Endeavors, Industrial Manufacturing, Mining, and Research and Development Opportunities.

For those who locate in Sofia, a City of 1.2+ Million People, will find it as modern of a European City as any. The friendly, hard-working, and intelligent Bulgarians will be great assets to companies locating therein (especially for the Greeks).

Reality.

Reference: http://tinyurl.com/lom3mq6