Home » Business

Bulgaria’s Black Sea city Varna better for business than capital Sofia

Submitted on Thursday, 2 October 2008No Comment

Bulgaria’s Black Sea city of Varna has better conditions for international business than the capital Sofia, according to a research of Colliers International cited by the online edition of the Pari Daily.

According to the consulting company, the Bulgarian “Black Sea capital” Varna is reported to be especially suitable for research and development activities, IT business, and opening of call centers.

Its main advantages include lower investment costs, good infrastructure, and a sufficiently qualified labor force thanks to the technical and economy universities in the city.

In addition, Varna has a well-developed transport sector with a busy airport; it also located at the easternmost end of the Pan-European Transport Corridor No. 8.

Its services sector is rather advanced thanks to the over five million tourists, who visit the city every year. Varna’s location close to leading sea resorts such as Golden Sands, its recreation opportunities, and rich cultural heritage are also seen as advantages.

Comments are closed.

More news from Business

» Large discounts for Bulgarian property
» Bulgaria real estate property increasingly attractive for Russians
» Russian pressure for the nuclear power plant Belene
» ORS aren't changing their plans for Bulgaria
» 700 jobs opened for the construction of Mall Pleven