Bulgaria has experienced enormous economic growth in the past decade. Investors and business people from all over the world are flocking to the area to enjoy the economic boom. Here, we will look at the top three business sectors in Bulgaria, currently experiencing the most growth.
Agriculture
Since joining the European Union in 2007, the agriculture sector of Bulgaria has experienced significant growth. The ability to export goods to the EU and the low-cost land make it a prime spot for agriculture. Additionally, the rich soil and climate make it ideal for growing a variety of food and other crops.
Western Europe and US based companies frequently look to Bulgaria for outsourcing work. This has become a huge industry. The way in which Bulgarians do business is very similar to how Western Europeans and Americans conduct business, so it is a good match. Additionally, it is easy to travel from Western Europe to Bulgaria which gives it an advantage.
Construction
Bulgaria offers a large number of commercial, residential, and industrial construction projects. Building in this country is low-cost compared to other countries. Yet, the result is top-quality construction projects. Bulgaria has seen immense growth in construction over the past decade.
The Bulgarian government offers a number of incentives to encourage investors. If you’re interested in investing offshore, Bulgaria might be a good place to start your research.
Bulgaria has experienced enormous economic growth in the past decade. Investors and business people from all over the world are flocking to the area to enjoy the economic boom. Here, we will look at the top three business sectors in Bulgaria, currently experiencing the most growth.
Agriculture
Since joining the European Union in 2007, the agriculture sector of Bulgaria has experienced significant growth. The ability to export goods to the EU and the low-cost land make it a prime spot for agriculture. Additionally, the rich soil and climate make it ideal for growing a variety of food and other crops.
Western Europe and US based companies frequently look to Bulgaria for outsourcing work. This has become a huge industry. The way in which Bulgarians do business is very similar to how Western Europeans and Americans conduct business, so it is a good match. Additionally, it is easy to travel from Western Europe to Bulgaria which gives it an advantage.
Construction
Bulgaria offers a large number of commercial, residential, and industrial construction projects. Building in this country is low-cost compared to other countries. Yet, the result is top-quality construction projects. Bulgaria has seen immense growth in construction over the past decade.
The Bulgarian government offers a number of incentives to encourage investors. If you’re interested in investing offshore, Bulgaria might be a good place to start your research.
