Sofia Investment Agency Just Published the Report on the Manufacturing Industry in Sofia

Sofia Investment Agency Just Published the Report on the Manufacturing Industry in Sofia

  The team of Sofia Investment Agency published its new report titled “Manufacturing Industry in Sofia”.  The paper contains data and outlines the trends in the processing industry in the capital city of Bulgaria. Despite its share of less than 20% of the local economy, in recent years the sector has been increasing its weight in both the total output …

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BUSINESS

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Experts from Vienna and Sofia Discussed the Future of Smart Cities During the Conference of the Cities of Vienna and Sofia

Experts from Vienna and Sofia Discussed the Future of Smart Cities 

The “Investment in Smart Cities” Forum was held in Sofia on 21 February, as part of the two-day Conference of the Cities of Vienna and Sofia, organized on the initiative of the Municipality of Vienna, in partnership with Sofia Municipality. Experts from the two capitals exchanged good practices and new ideas, as well as discussed ongoing municipal projects. Presentations …

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Vladimir Danailov: The Technology Sector in Sofia Has Come a Long Way from an Outsourcing Centre to a Creator of Products and Services

Vladimir Danailov: The Technology Sector in Sofia Has Come a Long Way from an Outsourcing Centre to a Creator of Products and Services

The fifth edition of Innovation Explorer took place in a crowded hall on February 22. Again, it met the expectations to give stage to the ideas of tomorrow and the ambassadors of the future. Organised by Innovation Starter together with Capital, the 2019 release of the technology forum was titled Beyond Ultimate Frontiers of Technology and Humans. We have …

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Vienna and Sofia to Work on Projects for Development of Companies from the Creative Sector

Vienna and Sofia to Work on Projects for Development of Companies from the Creative Sector

Creative industries and their importance for urban economies were the focus of the event  Create&Grow: Creative Sofia Meets Creative Vienna, which took place on February 22 as part of  Conference of the cities of Vienna and Sofia. The meeting was chaired by the business agencies of the two capitals - Vienna Business Agency and Sofia Investment Agency - and …

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Vladimir Danailov: Sofia Industries Moved from Outsourcing to Smartsourcing Services

Vladimir Danailov: Sofia Industries Moved from Outsourcing to Smartsourcing Services

 The Chief Executive Officer of Sofia Municipal Privatisation and Investment Agency Vladimir Danailov took part in the Municipal Strategies and Digital Economy discussion panel, part of the Knowledge City Conference 2019. The event was organised by Investor.bg under the patronage of Sofia Municipality and was held on February 28. The conference gathered business representatives, public administration and institutions for …

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Sofia-based Eurotrust Technology is the First Company to Successfully Apply for the City-to-City Program between Sofia and Vienna

Sofia-based Evrotrust Technology is the First Company to Successfully Apply for the City-to-City Program between Sofia and Vienna

Sofia-based company Evrotrust Technologies is the first Bulgarian company to take advantage of the business cooperation City-to-City Agreement between Vienna and Sofia and will kick off its operations in the Austrian capital. The agreement was signed on 22 October 2018 by the executive directors of the business agencies of the two cities - Mr. Gerhard Hirtsi, managing director of …

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The World Bank Chose Sofia for its Second World Center for Shared Services

The World Bank Chose Sofia for its Second World Center for Shared Services

 The World Bank chose Sofia as its second global outsourcing centre. In the due diligence, Bulgaria competed with two other countries in the region - Serbia and Croatia. The Investment Analysis Department of the Sofia Investment Agency was actively involved in the process. The business environment in Sofia and Bulgaria was discussed with representatives of the World Bank. Economic …

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Germany is Bulgaria’s Most Preferred Destination for Business Trips and Partnerships

Germany is Bulgaria’s Most Preferred Destination for Business Trips and Partnerships

Germany is Bulgaria’s most wanted business partner, according to a survey by the Bulgarian Chamber of Commerce and Industry. More than 43% of the companies prefer the country when it comes to business partnerships. Among the other top wanted business partnership countries are Turkey, Switzerland, Russia and the United Arab Emirates. China is lagging behind in this year’s list …

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Sofia and Bulgaria in the Rankings

Sofia and Bulgaria in the Rankings

 Bulgaria ranks 46th among 161 countries across the world in the Forbes Best Countries for Business 2018 list. In the Bulgarian profile, it is indicated that the strong internal demand and the low international price of the energy sources are amongst the reasons for the good economic growth of Bulgaria. The proper investment regime and low corporate taxes are …

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Sofia’s Urban Environment – News in Brief

Sofia’s Urban Environment – News in Brief

The first aquapark in Sofia is planned to open doors by this year’s end. It will be built as an extension of the new Vazrazhdane Park in Zona B-5 residential area. Part of the funds are provided by the municipal property management and the remainder comes from a loan from the Urban Development Fund under the ‘Regions in Growth’ …

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ENTREPRENEURS

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Opportunities to Expand to New Markets: Japan

 In February 2019, the EU signed the long awaited Economic Partnership Agreement with Japan. Businesses and consumers across Europe and in Japan can now take advantage of the largest open trade zone in the world. This article aims to help Bulgarian companies interested in market opportunities in Japan by providing key facts on the agreement and useful links to …

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PrEXCELerator

Application for prEXCELerator 2019 Now Open

Applications are now open for Strategy+Business Lab prEXCELerator 2019. This year the pre-accelerator will cover fifteen different industries and provide access to more than a hundred experts in different areas. What distinguishes the prEXCELerator is that participation is not mandatorily linked to the establishment of a legal entity during or following the validation stage. Participation in the prEXCELerator and the …

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Invitation for Participation in the 4th China (Ningbo) Culture Industries Fair

Invitation for Participation in the 4th China (Ningbo) Culture Industries Fair

On behalf of the organising team, we would like to invite companies from Sofia, working in the creative and cultural sector to take part in the forthcoming China (Ningbo) Cultural Industries Fair to be held on 12 – 14 April 2019 in Ningbo, China. The forum is suitable for creative or cultural companies, including the ICT sector - animation, games, …

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Funding Opportunities

Funding Opportunities

Sustainable Cities Fund, a company incorporated under the Obligations and Contracts Act, announces a funding procedure for projects that contribute to sustainable regional, economic and social development on the territory of Sofia and southern Bulgaria. The loans are long-term and with low interests. They are part of the Urban Development Fund financial instrument, funded under the Operational Program “Regions …

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EVENTS

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National Cluster Conference 2019, part of the European Cluster Week of EU

National Cluster Conference 2019, part of the European Cluster Week of EU

On behalf of the Management Board of the Association of Business Clusters in Bulgaria (ABC), we invite you to join the National Cluster Conference on 26-27 March 2019 in Sofia, Bulgaria. The event is under the patronage of the Bulgarian Ministry of Economy and is organised in a partnership with BSMEPA (Bulgarian Small and Medium Enterprises Promotion Agency) and …

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15th South-East European Exhibitions & Conferences on Smart Cities, EE&RES and Save the Planet

15th South-East European Exhibitions & Conferences on Smart Cities, EE&RES and Save the Planet

  On behalf of the organising team, we would like to invite you to take part in the forthcoming 15th South-East European Exhibitions & Conferences on Smart Cities, EE&RES and Save the Planet to be held on 16 – 18 April 2019 in Sofia, Bulgaria. The event is organised by Via Expo, and Sofia Investment Agency will partner the events. …

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Upcoming Events in Sofia

Upcoming Events in Sofia

SECURITY EXPO 2019 The 26th International Specialized Exhibition SECURITY EXPO 2019 will be held from 6th to 9th March at the Inter Expo Center in Sofia. The exhibition is organized in partnership between the Bulgarian Chamber of Commerce and the Inter Expo Center and is traditionally held under the patronage of the Ministry of Interior. SECURITY EXPO covers all aspects …

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Sofia Investment Agency

12 Gen. Gourko St, 1000 Sofia, Bulgaria

contact@investsofia.com 

www.investsofia.com 

SIA’s newsletter has no commercial content. We only publish informative articles – news, events and statistics about Sofia as an investment destination. We hope you find them useful. If not, you can unsubscribe from the bottom link that is part of the newsletter email.