About Bulgaria

Bulgaria is simultaneously a European, Balkan, Black Sea, and Danube river country. It is situated in the Eastern part of the Balkan Peninsula and it borders the Black Sea to the East, Greece and Turkey to the South, the Republic of Macedonia and Serbia to the West and Romania to the North. The geographic location of the country predefines the country as a crossing point between Europe and Asia and its strategic position on the political map of the Balkan Peninsula.

In 1990, democracy was restored in Bulgaria in the form of a parliamentary republic and today it is part of the EU and NATO.  As part of Eastern Europe, Bulgaria is a crossroads and a transit territory between Western Europe, the Middle East and the Mediterranean.

Sofia is the capital and the largest city in Bulgaria. It is the main administrative, industrial, transport and cultural center. Other main cities are Plovdiv, Varna, Burgas, Ruse, Stara Zagora, Pleven, Sliven and Dobrich.

 

Bulgarian Economy 

Bulgaria’s developing market economy is attracting foreign investors. The Bulgarian economy has been growing steadily, with a stable political environment and low inflation. This has created a favorable business environment for companies to operate in. Additionally, Bulgaria has a well-educated workforce, which is attractive to foreign investors. The country also has a relatively low cost of living, which makes it an affordable location for pharmaceutical companies to set up operations.