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British embassy advises investing in Bulgaria

Date: 20.10.2005

The British Embassy in Sofia has recommended Bulgaria to potential UK investors.

British business successes in Bulgaria are in distribution centres, project management, property investment, factory building, air traffic control systems, railway construction, water treatment and gas exploration off the Black Sea coast, the Embassy has told Liverpool Echo.

The spokesman has also emphasized on the easiness of setting up a business in Bulgaria, whether by entering a joint venture with a Bulgarian host or buying an existing company.

The low labour costs and the 15% corporation tax have been pointed as some of the other advantages.

Liverpool Echo

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