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Hot Sectors in Bulgaria

Bulgarian Agriculture Sector

The Agriculture Sector of Bulgaria

At Invets Bulgaria.com we strongly believe that the Bulgarian agriculture sector is the hottest sector in Bulgaria today! The Bulgarian agriculture sector is quickly rebuilding itself after it fell into decline in the early 1990's. As the country has entered the European Union in 2007, there are vast opportunities for major exports into the EU market. Agricultural land is relatively cheap at some areas and is suitable for many cultures. In addition, Bulgaria has a long tradition in agriculture and that also makes for a a solid foundation of successful agricultural ventures.

Food and Beverage Sector in Bulgaria

Food and Beverage Sector in Bulgaria

Directly connected with agriculture - the Food and Beverage sector has a tremendous potential! With is fertile soils, strong traditions, and favorable climate Bulgaria is a great location for production of food and bevarage.

Business Outsourcing in Bulgaria

Business Outsourcing in Bulgaria

Outsourcing to Europe or the Western world was not considered a possibility until recently. Many countries in Eastern Europe have started to offer outsourcing services lately and are the preferred partner for companies based out of Western Europe and the US.

One of the main reasons in favor of outsourcing to Eastern Europe and Bulgaria in particular is that cultural differences in the way business is executed are minor. Moreover, the distance to Bulgaria from anywhere else in Europe is not more than 2 or 3 hours by plane. [ More ]

Construction Sector in Bulgaria

Construction Sector in Bulgaria

Bulgaria is rapidly becoming a modern country. The construction business is booming in Bulgaria. For the last 10 years the faces of most of the major cities have changed completely. There is a tremendous potential in new construction as costs are quite low compared to Western European standards and the quality is world class. In addition, there are plenty of infrastructure projects being realized. Residential, commercial and industrial construction offer tons of interesting opportunities throughout the country.

Healthcare Sector in Bulgaria

Healthcare Sector in Bulgaria

It its great majority, healthcare in Bulgaria is still largely dominated by government. There has been little or no competition in many areas of healthcare services and the opportunities are vast.

Government interference with healthcare in Bulgaria has naturally caused massive problems in the sector. Thus the Bulgarian health care sector continues to faces huge problems - abuse with funding, understaffing, supply shortages, brain drain, bribes to doctors and nurses for better treatment, high debts and chronic lack of money.

Tourism Sector in Bulgaria

Tourism Sector in Bulgaria

Tourism is the fastest growing sector in the Bulgarian economy with excellent opportunities for foreign investment with high return on investment ratios. Already, the Black sea and the ski resorts are attracting massive foreign investment interest. The beautiful nature, the abundance of natural resources, and the rapidly improving infrastructure are creating numerous possibilities for better than average investment returns.

 

Bulgarian Recycling Sector

Recycling and Waste Management Sector in Bulgaria

In general, Bulgaria still lacks modern facilities for the waste management and recycling. Separate collection of garbage has recently been introduced but is still to prove effective. Sofia itself is struggling with the amount of waste that it produces and is planning to build a waste management plant in the coming years.

Tons of opportunities exist in this Bulgarian sector as most of the cities and towns in Bulgaria use rather old methods of dealing with their waste. We consider the Bulgarian waste management sector as one of the most promising sectors in Bulgaria today and expect that recycling will develop rapidly during the foreable future. The country is yet to implement modern ways of waste treatment and investors can find plenty of opportunities here.

Bulgarian Real Estate Sector

Real Estate Sector in Bulgaria

The property boom of Bulgaria during the last 10 years is cooling fast. Prices are dropping. Builders are going bankrupt. Massive malinvestments in the sector are being corrected and will likely continue to correct in the comming years. We do expect that investment in Bulgarian real estate will again become very attractive as bargains are everywhere.

Still, property in Bulgaria, by Western European standards is still relatively inexpensive. Bulgaria has so much to offer it is not surprising it is quickly getting more popular as an alternative country for property investment from the traditional European destinations.

Software Development Sector in Bulgaria

Software Development Sector in Bulgaria

Due to the strong Bulgarian education system there is a solid talented and skilled workforce in Bulgaria. There are many small and medium sized software companies that produce world class quality software solutions at a cost that compared to the rest of Europe are indeed very reasonable. It all plays out very well in favor for the Bulgarian software makers, who offer quality, flexibility, cultural  compatibility, and reliability to Western customers. Establishing production or R&D centers in Bulgaria also offer a very attractive value proposition to investors.

Textile Sector in Bulgaria

Textile and Fashion Sector in Bulgaria

You would not believe the number of companies in this Bulgarian sector and and the quality and the range of textile products that the produce. There is an abundance of experienced and skilled workforce in this sector. In addition, the proximity and the free trade status with the Western European market attract the interest of many worldwide brands to establish production facilities. There is still a great potential in this rapidly growing Bulgarian sector.

Call Center Sector in Bulgaria

Call Center Sector in Bulgaria

Great cost benefits, language skills, skilled manpower availability, reliability and security, digital infrastructure, appropriate time-zone, and cheap office space are just some of the factors that make the investment environment in this sector very appealing. What is a real benefit is this business is that the average service center operators will be likely to have a college degree and be punctual and dedicated to the work.

Bulgarian Education Sector

Opportunities in the Bulgarian Education Sector

Similar to healthcare, education in Bulgaria is still largely dominated by the Bulgarian government. There has been little or no competition in many areas of education services and the opportunities are vast! Quality private kindergardens, primary and secondary schools, or quality private universities are in huge demand in Bulgaria as there are many people who seek alternatives to government provided education! For example, the only non-government financed university in Bulgaria - the American University in Bulgaria - is currently considered to be by far the best educational institution of higher learning in Bulgaria.

Government interference with education in Bulgaria has naturally caused massive problems in the sector. Thus the Bulgarian education sector continues to face huge problems - fixed curriculums subject to government approval, abuse with funding, understaffing, little alternative in schooling, brain drain, high debts and chronic lack of money.

Bulgarian Infrastructure Development

Opportunities in the Bulgarian Infrastructure Development

Bulgaria is rapidly modernizing its infrastructure. It is expected that during the next 10 years all of the Bulgarian highways will be completed. Serious government spending is taking place in this sector.

Bulgarian Mining and Exploration

The Bulgarian Mining and Exploration Sector

With the expected increase of interest and investment in commodities worldwide, the Bulgarian Mining and Exploration sector is back in the spotlight! The Bulgarian mining industry forms up to 5% of the country's GDP and provides direct employment to approximately 30,000, and through related industries to about 120,000. A total of 23 million tones of natural resources are registered in the country.

The Bulgarian Machine Building and Replacement Parts Sector

The Bulgarian Machine Building and Replacement Parts Sector

The sector is expected to grow significantly in the next years. Currently, the industry employs more than 50 000 people, generates revenues of € 1.05 BN and is closely related with other industries like electronics and electrical engineering. There has been a significant relocation of some manufacturing activities (both equipment and assembly) from developed countries to the lower-cost Bulgaria.



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Did You Know?
Bulgarian Yogurt
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Sofia Airport is the biggest airport in Bulgaria. Its second terminal officially opened on the December 27, 2006. It managed 2.2 million passengers in 2006, which is expected to grow to 2.7 million in 2010.

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