13.10.2008

City of Varna Boosts Favorable Business Climate


According to a research of Colliers International, the Bulgarian city of Varna is emerging as a prime destination and location for international businesses.

The consulting company reports that the Bulgarian "Black Sea capital" Varna is especially suitable for research and development activities, IT business, and opening of call centers.

In addition, to the well-developed transport sector with a busy airport and location at the easternmost end of the Pan-European Transport Corridor No. 8, Varna’s main advantages include lower investment costs than capital Sofia, good infrastructure, and a sufficiently qualified labor force, thanks to the technical and economy universities in the city.

The city’s services sector is also well-developed thanks to the five million plus tourists, who visit the Black Sea capital each year. Varna's location close to leading sea resorts such as Golden Sands, its recreation opportunities, and rich cultural heritage are also considered significant advantages.


all news