My name is Yordan Marinov and I am a junior associate with Rulkin and Partners. Graduated from the University of Brussels, I took part on 20 March 2013 to the aforementioned forum, dedicated to the development of my homeland, Bulgaria.
Part of the project « Promoting the advantages of investing in Bulgaria », organized by Invest Bulgaria Agency and the Bulgarian Ministry of Economy, Energy and tourism, with the support of major Bulgarian and Belgian partners, the Bulgarian Investment Forum brought together senior government officials, policy makers, MPs, corporate executives, industry associations and advisors from Bulgaria and Belgium to share their current investment and partnership opportunities.
The forum gave an exceptional opportunity for Belgian investors to meet senior government Bulgarian officials, managers of prominent Belgian investors already present in Bulgaria and local Bulgarian companies from high-growth sectors and therefore establish contacts with potential business partners.
The visitors of the forum also enjoyed presentations from high profile speakers such as Mr. Alexis Brouhns (General Director of Solvay Europe), Mr. Christof De Mil (Executive Director and Member of the Management Board of Cibank), Mr. Georgi Koupenov (Country Manager of Univeg Bulgaria) and others. All speakers convinced the public while explaining what makes Bulgaria a very attractive investment destination, with supporting case studies of successful Belgian investments in Bulgaria.
The forum revealed that Bulgaria is a very attractive investment destination due to its stable investment climate, qualified labor force, favorable tax regime and available government incentives for investors. Bulgaria has one of the lowest budget deficit and public debt indicators in the EU. Even more, the country boasts the lowest cost of doing business in the EU, including a flat corporate and personal income tax of 10% (you are not dreaming!), together with government incentives and EU funding for investors.
Good infrastructure and strategic geographic location make Bulgaria an ideal regional and global export base to serve the EU, South-East Europe, Russia & CIS and Middle East markets.
Something to think about in times of economic crisis!