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Bulgaria offers foreign investors some of the world's most competitive business costs. Real estate investment has produced a plentiful supply of modern offices at very competitive costs. Corporate taxes and labor costs are quite low for European standards. Privatization and deregulation are creating sophisticated public utility and telecommunications industries.

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Did You Know?
Hristo Stoichkov
Hristo Stoichkov
Hristo Stoichkov scored 6 goals in the World Cup of 1994 and led Bulgaria to the semi-finals ... More

Shumen is situated in the central part of Northeastern Bulgaria. It is located in the central part of northeast Bulgaria on the main roadways Sofia-Varna and Ruse-Burgas-Istanbul.

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