Bulgaria 1 the European Times Bulgaria

Total Page:16

File Type:pdf, Size:1020Kb

Bulgaria 1 the European Times Bulgaria THE EUROPEAN TIMES EUROPEAN THE BULGARIA 1 BULGARIA INTRODUCTION AGRICULTURE • Most Favourable Tax Treatment • Agriculture Sector Offers in the European Union 4 Significant Investment Potential 18 GOVERNMENT TRANSPORT • Strong Government Focused • Ambitious Upgrades of the on Growth and Stability 6 Transport System 20 ECONOMY ENERGY • Buoyant Economic Growth Driven • Interview with Temenuzhka Petkova, by Consumption and Investment 8 Minister of Energy: Bulgaria’s Reliable Energy Sector is a Strong Base BUSSINESS & INVESTMENT for Economic Growth 22 OPPORTUNITIES • Strategic Logistics Hub and HEALTHCARE Superb Investment Destination 10 • Modernisation of the Healthcare • PREDISTIC LTD: Vibrant Company System Underway 24 Strives to Become the Preferred IT Partner for Leading International Businesses 13 • PDS Bulgaria: Cutting Edge Software TOURISM and Consultancy for the Digitally Transforming Businesses 13 • Interview with Blagoi Ragin, • Invest Bulgaria Agency: President of BHRA: Significant Bulgaria – Come for a Visit, Contribution to the Bulgarian Return on Investment 14 Toursim Sector 26 • Industrial Zones with Attractive • Among Europe’s Fastest Growing Tourist Conditions and Excellent Infrastructure 15 Destinations 27 • Substantive Incentives for Certified Investors 16 • GENEVA HOTEL: Significant Contribution to the Bulgarian Tourism Sector 29 • ATM HOTELS 30 • MARRINELLA APARTMENTS: Blend of Modern Accommodation and Bulgarian Hospitality in the Heart of Sofia 32 Regional Director: Suzana Skoko – Business Analysts: Andrej Petrovski & Goran Velkovski – Head of Production: Ivana Popchev – Production Manager: Kally Themistocleous – Editorial: Tomislav Hristov & Snezana Stefanovska – Design: Panche Prendjov The European Times Zinas Kanther 16 – Karantoki Building – 7th Floor, Office 25-26 – 1065 Nicosia – Cyprus Tel.: +357 22 030248 – [email protected] – www.european-times.com The European Times is a division of Crystal Mediacorp Limited. This guide is protected by copyright. All rights reserved. This publication, or any part thereof, may not be reproduced, stored electronically or transmitted in any form, without the prior written permission of European Times. Every effort has been made to ensure information contained in this publication is correct and up-to-date. The authors and publisher accept no responsibility for any errors it may contain, or for any loss, financial or otherwise, sustained by any person using this publication. (05-16) Upcoming Projects: ZAMBIABELGIUM VI The European SRIBELGIUM LANKA VI Times POLANDBELGIUM VI MACEDONIABELGIUM VI CYPRUSBELGIUM VI For more information, feel free to contact us at [email protected] or visit www.european-times.com Cathedral Saint Alexandar Nevski in Sofia THE EUROPEAN TIMES EUROPEAN THE Most Favourable Tax Treatment in the European Union Bulgaria is located in the Southern-Eastern part of the Major advantages Balkan Peninsula. The country shares it borders with Romania to the north, Serbia and Macedonia to the west, Bulgaria’s strategic geographic location and well-devel- Greece and Turkey to the south, and the Black Sea to the oped energy sector and infrastructure make it a key east. With a territory of 110.994 square km and 7.1 million European energy centre and transport hub, offering access inhabitants, Bulgaria is Europe’s 16th largest country. to the markets of the EU, Turkey, CIS, North Africa and the With its strategic location, Bulgaria has always been an Middle East. In addition, the export driven economy and important transport hub and a coveted base for interna- its growth potential, complemented with a stable macroe- tional trade. conomic environment, the most favourable tax treatment in the European Union, highly skilled labour force and one Bulgaria joined NATO in 2004 and the European Union in of Europe’s lowest operational costs, continue to attract 2007. Furthermore, the country is a member of WTO, a investors and have secured Bulgaria’s place among the founding state of OSCE, and has taken a seat at the UN preferred investment destinations in the world. Security Council three times. Investor-friendly climate Presidency of the EU Council Bulgarian economy has always attracted an impressive On the 1 January 2018, Bulgaria took over the Presidency amount of foreign direct investment, mainly from EU of the Council of the European Union, which rotates among members. The Government has taken concrete steps to the EU Member States every six months. present Bulgaria as an investor friendly destination for investors. Invest Bulgaria within the Ministry of Economy, The priorities of the Bulgarian presidency are driven by its Energy and Tourism serves as the gateway to Bulgaria for motto ‘United we stand strong’, which is also the motto of foreign investors. It provides information on potential the coat of arms of the country. The presidency will work projects, helps set up links with local partners, and offers with its partners on unity among the member states and support for new businesses. Invest Bulgaria reports that the EU institutions to provide concrete solutions to build a around 90% of foreign investors in Bulgaria to date are stronger, more secure and solidary Europe. During the next from the EU, although other international investors are six months, the presidency will focus on four key areas: beginning to target the country. future of Europe and young people, Western Balkans, security and stability and digital economy. Besides the 10% flat tax rate, the Government also offers 4 INTRODUCTION THE EUROPEAN TIMES EUROPEAN THE reduced corporate tax for investors investing in less indus- FDI into Bulgaria rises 36.7% in 2017 trialized regions or regions with high unemployment. In addition, there are other subsidies depending on the type Foreign direct investment in Bulgaria in 2017 amounted of investment. Acquiring property is fairly easy, and office to €901.9 million, the equivalent of 1.8% of the country’s and utility expenses are favourable. Bulgaria’s educated GDP, which is an increase of 36.7% compared to the €660 and low wage workforce provides added economic million recorded in 2016, according to the preliminary sta- benefits to high productivity sectors that are looking for tistics published by the Bulgarian National Bank. a regional base in EU, which is visible through the sub- stantial development in the logistics, high-tech and BTO Investment in equity, including in the real estate sector, sectors. stood at €189.4 million, compared to €632.6 million in 2016. Re-invested earnings accounted for €229.8 million, Managers expect business compared to the €341.2 million in 2016. Net receipts from to grow in 2018 real estate investments by foreign entities totalled €10.8 million, compared to €63.1 million in 2016. The largest Most managers in Bulgaria expect business to grow in inflow of real estate investment came from Russia, 53.6% 2018. More than 82% of top executives in Bulgaria expect of the total volume. Germany followed with 11.5% and their businesses to grow in 2018 and 78% plan to recruit Ukraine with 11.1%. new employees. More than 77% of the companies reported growth in 2017, mainly in the sectors of outsourcing The central bank data showed €482.7 million in invest- (60%), technology (45%), industrial (42%) and consumer ment inflows as debt instruments, recorded as the change products and services (41%). in the net liabilities of Bulgarian companies towards their foreign investor owners, compared to outflows of €313.8 Key specialists, or experts with specific functions were million in 2016. Such financial flows include financial identified as the most wanted during 2018. In this respect, loans, suppliers’ credits and debt securities. By country, many companies consider taking advantage of the Blue the largest direct investment in Bulgaria in 2017 came Card work permit to attract foreign professionals for their from the Netherlands (€875.7 million), Switzerland (€126.6 businesses. Considering the speed of development of million) and Germany (€94 million), while the largest technologies, the top new areas of expertise in organiza- outflows were recorded towards the Czech Republic tions which are key for businesses include digital sales (€300.4 million) and Austria (€143.3 million). Bulgarian and marketing, technology innovations and business investment abroad increased by €275.6 million in 2017, intelligence. compared to €320.2 million in 2016. 5 National Assembly of Bulgaria THE EUROPEAN TIMES EUROPEAN THE Strong Government Focused on Growth and Stability Bulgaria is a parliamentary representative democratic republic, with a Prime Minister as the Head of Government and a President as Chief of State. The country’s Constitution was adopted on 13 July 1991, and most recent amendments were made in 2015. The country proclaimed its independence on 3 March 1878 as an autonomous principality within the Ottoman Empire. Complete independence from the Ottoman Empire was proclaimed on 22 September 1908. Bulgaria’s national holiday is Liberation Day, celebrated on 3 March. Government organization proportional representation vote to serve four-year terms. The votes are for party or coalition lists of candidates for Executive branch each of the 28 administrative divisions. A party or coalition must garner a minimum of 4% of the vote in order to enter Bulgaria’s Chief of State is the President, currently Rumen the National Assembly. Radev (since 22 January 2017); Vice President is Iliana Yotova (since 22 January 2017). The Head of the Govern- Judicial
Recommended publications
  • The Central Regions and the Sofia Agglomeration Area
    Maria Shishmanova THE CENTRAL REGIONS AND THE SOFIA AGGLOMERATION AREA Abstract. The research presents central regions in Bulgaria using taxonometric method with relevant conclusions. Each municipality in central regions is particularly examined by the elaborated methodic materials. The developed agglomeration areas are situated in the central regions. Sofia agglomeration area is presented using General Spatial Plan of Sofia municipality and Municipal Development Plan (MDP) of Sofia metropolitan municipality. It is set out the vision of development and its priorities, objectives and measures. Key words: central regions, agglomeration areas, Sofia agglomeration area, General Spatial Plan, Municipal Development Plan. Introduction The Central regions comprise 45 percent of the Bulgarian territory. The agglomeration areas are formed in them. The present study examines the development of the Sofia agglomeration area – a metropolis in the central regions of Bulgaria. The agglomeration areas are formed within the range of the central regions in Bulgaria – 6 agglomeration areas with a center – a large city, 30 agglomeration areas with a center – a medium-sized town. Six of the agglomeration areas are formations with more than three municipalities, five of them are with three municipalities each, ten are with 2 municipalities and the rest 15 are autonomous municipalities with an established core. These areas represent the backbone of the economy and social and human potential of the country. They have the highest degree of competitiveness and attractiveness for investment and innovation. Eighty eight municipalities with a total population of 5885455 people1 are included within the scope of the agglomeration areas, which constitutes 77.4 percent of the population of the country.
    [Show full text]
  • Company Profile
    www.ecobulpack.com COMPANY PROFILE KEEP BULGARIA CLEAN FOR THE CHILDREN! PHILIPPE ROMBAUT Chairman of the Board of Directors of ECOBULPACK Executive Director of AGROPOLYCHIM JSC-Devnia e, ECOBULPACK are dedicated to keeping clean the environment of the country we live Wand raise our children in. This is why we rely on good partnerships with the State and Municipal Authorities, as well as the responsible business managers who have supported our efforts from the very beginning of our activity. Because all together we believe in the cause: “Keep Bulgaria clean for the children!” VIDIO VIDEV Executive Director of ECOBULPACK Executive Director of NIVA JSC-Kostinbrod,VIDONA JSC-Yambol t ECOBULPACK we guarantee the balance of interests between the companies releasing A packed goods on the market, on one hand, and the companies collecting and recycling waste, on the other. Thus we manage waste throughout its course - from generation to recycling. The funds ECOBULPACK accumulates are invested in the establishment of sustainable municipal separate waste collection systems following established European models with proven efficiency. DIMITAR ZOROV Executive Director of ECOBULPACK Owner of “PARSHEVITSA” Dairy Products ince the establishment of the company we have relied on the principles of democracy as Swell as on an open and fair strategy. We welcome new shareholders. We offer the business an alternative in fulfilling its obligations to utilize packaged waste, while meeting national legislative requirements. We achieve shared responsibilities and reduce companies’ product- packaging fees. MILEN DIMITROV Procurator of ECOBULPACK s a result of our joint efforts and the professionalism of our work, we managed to turn AECOBULPACK JSC into the largest organization utilizing packaging waste, which so far have gained the confidence of more than 3 500 companies operating in the country.
    [Show full text]
  • Status Quo Synthesis
    Status Quo Synthesis March 2018 DI Daniela Beck, Dr. Lydia Matiasch Institute of Landscape Development, Recreation and Conservation Planning BOKU - University of Natural Resources and Life Sciences, Vienna Peter-Jordan-Str. 82, 1190 Vienna, Austria Tel: 0043 1 47654-85342, e-mail: [email protected] Document version 2.0 Table of Contents 1 Introduction .....................................................................................................................................3 1.1 Purpose of the Status Quo Synthesis .......................................................................................... 4 1.2 Structure of this Document .......................................................................................................... 4 2 Methodological Approach ...............................................................................................................5 3 Results of the Self-Assessment Process ........................................................................................7 3.1 Awareness Raising ......................................................................................................................... 7 3.2 Status Quo Analysis ..................................................................................................................... 15 3.3 Strengths and Weaknesses ......................................................................................................... 41 3.4 Vision Development ....................................................................................................................
    [Show full text]
  • Implementation Plan
    CORRIDOR INFORMATION DOCUMENT Implementation Plan TT 2021/2022 0 Version Control Version Summary Date Draft GA Approval 07.10.2019. Final ExBo Approval 13.01.2020. 1 Table of Content 1. Introduction ................................................................................................... 3 2. Corridor Description ...................................................................................... 8 2.1. Key Parameters of Corridor Lines ............................................................... 9 2.2. Corridor Terminals .................................................................................... 32 2.3. Bottlenecks ............................................................................................... 35 2.4. AWB RFC Governance ............................................................................. 40 3. Market Analysis Study ................................................................................ 49 3.1. Introduction ............................................................................................... 49 3.2. Objective of Transport Market Study ........................................................ 50 3.3. Methodology of TMS preparation .............................................................. 50 3.4. Analysis of transport and traffic indicators ................................................ 84 3.5. AWB RFC – Rail transport analysis .......................................................... 98 3.6. Rail Carrier demands .............................................................................
    [Show full text]
  • Do Public Fund Windfalls Increase Corruption? Evidence from a Natural Disaster Elena Nikolovaa Nikolay Marinovb 68131 Mannheim A5-6, Germany October 5, 2016
    Do Public Fund Windfalls Increase Corruption? Evidence from a Natural Disaster Elena Nikolovaa Nikolay Marinovb 68131 Mannheim A5-6, Germany October 5, 2016 Abstract We show that unexpected financial windfalls increase corruption in local govern- ment. Our analysis uses a new data set on flood-related transfers, and the associated spending infringements, which the Bulgarian central government distributed to mu- nicipalities following torrential rains in 2004 and 2005. Using information from the publicly available audit reports we are able to build a unique objective index of cor- ruption. We exploit the quasi-random nature of the rainfall shock (conditional on controls for ground flood risk) to isolate exogenous variation in the amount of funds received by each municipality. Our results imply that a 10 % increase in the per capita amount of disbursed funds leads to a 9.8% increase in corruption. We also present suggestive evidence that more corrupt mayors anticipated punishment by voters and dropped out of the next election race. Our results highlight the governance pitfalls of non-tax transfers, such as disaster relief or assistance from international organizations, even in moderately strong democracies. Keywords: corruption, natural disasters, governance JEL codes: D73, H71, P26 aResearch Fellow, Central European Labour Studies Institute, Slovakia and associated researcher, IOS Regensburg, Germany. Email: [email protected]. We would like to thank Erik Bergl¨of,Rikhil Bhav- nani, Simeon Djankov, Sergei Guriev, Stephan Litschig, Ivan Penkov, Grigore Pop-Eleches, Sandra Sequeira and conference participants at the 2015 Annual Meeting of the European Public Choice Society, Groningen, the 2015 American Political Science Association, San Francisco and seminar participants at Brunel, King's College workshop on corruption, and LSE for useful comments, and Erik Bergl¨ofand Stefka Slavova for help with obtaining Bulgarian rainfall data.
    [Show full text]
  • Annex REPORT for 2019 UNDER the “HEALTH CARE” PRIORITY of the NATIONAL ROMA INTEGRATION STRATEGY of the REPUBLIC of BULGAR
    Annex REPORT FOR 2019 UNDER THE “HEALTH CARE” PRIORITY of the NATIONAL ROMA INTEGRATION STRATEGY OF THE REPUBLIC OF BULGARIA 2012 - 2020 Operational objective: A national monitoring progress report has been prepared for implementation of Measure 1.1.2. “Performing obstetric and gynaecological examinations with mobile offices in settlements with compact Roma population”. During the period 01.07—20.11.2019, a total of 2,261 prophylactic medical examinations were carried out with the four mobile gynaecological offices to uninsured persons of Roma origin and to persons with difficult access to medical facilities, as 951 women were diagnosed with diseases. The implementation of the activity for each Regional Health Inspectorate is in accordance with an order of the Minister of Health to carry out not less than 500 examinations with each mobile gynaecological office. Financial resources of BGN 12,500 were allocated for each mobile unit, totalling BGN 50,000 for the four units. During the reporting period, the mobile gynecological offices were divided into four areas: Varna (the city of Varna, the village of Kamenar, the town of Ignatievo, the village of Staro Oryahovo, the village of Sindel, the village of Dubravino, the town of Provadia, the town of Devnya, the town of Suvorovo, the village of Chernevo, the town of Valchi Dol); Silistra (Tutrakan Municipality– the town of Tutrakan, the village of Tsar Samuel, the village of Nova Cherna, the village of Staro Selo, the village of Belitsa, the village of Preslavtsi, the village of Tarnovtsi,
    [Show full text]
  • Bulgaria 2020 International Religious Freedom Report
    BULGARIA 2020 INTERNATIONAL RELIGIOUS FREEDOM REPORT Executive Summary The constitution provides for freedom of religion and conscience. Religious groups may worship without registering, but registered groups receive benefits. The constitution recognizes Eastern Orthodox Christianity as the country’s “traditional” religion, and the law exempts the Bulgarian Orthodox Church (BOC) from registration. In December, the Plovdiv Appellate Court began hearing an appeal by 14 Romani Muslims convicted in 2019 of spreading Salafi Islam, among other charges. Muslim leaders again said several municipalities denied permission to build new or rehabilitate existing religious facilities. The Evangelical Alliance and some other religious groups stated the government did not apply COVID-19 restrictions on religious groups equally, favoring the BOC. The European Court of Human Rights stopped the deportation of three Uyghur Muslims to China. In February, a Shumen court ruled the municipality’s ordinance restricting proselytizing was unconstitutional. A parliamentarian and member of the governing political coalition criticized the ruling, which was being appealed, calling Jehovah’s Witnesses a “dangerous sect.” In February, the Supreme Administrative Court upheld the Sofia mayor’s ban on the annual march honoring Hristo Lukov, leader of a pro-Nazi organization in the 1940s, restricting the event to laying flowers at Lukov’s plaque. The academy of sciences published a report, backed by several government ministries, denying the World War II-era government had sent Jews to forced labor camps but instead had tried to save them from the Nazis. The Jewish nongovernmental organization (NGO) Shalom reported death threats, increased incidents of anti-Semitic hate speech in the context of the COVID-19 pandemic, and periodic vandalism of Jewish cemeteries and monuments.
    [Show full text]
  • A Game of Polls: Bulgaria's Presidential Election Threatens To
    A game of polls: Bulgaria’s presidential election threatens to shake up the country’s party system blogs.lse.ac.uk/europpblog/2016/10/31/game-of-polls-bulgaria-presidential-election/ 31/10/2016 Bulgaria will hold presidential elections on 6 November, with a second round runoff scheduled for 13 November. Dimitar Bechev previews the contest, writing that the candidate supported by the country’s largest party, GERB, could face a tougher contest than originally anticipated. Presidential elections in Bulgaria are supposed to be a rather dull affair. Many expected the candidate handpicked by Prime Minister Boyko Borisov to make it comfortably to the second round (to be held on 13 November), piggybacking on their patron’s popularity as well as the ruling party GERB’s (Citizens for European Development of Bulgaria) formidable electoral machine. To Borisov’s chagrin, that now seems less and less likely. Polls suggest that the race between his choice, parliament speaker Tsetska Tsacheva, and General Rumen Radev, backed by the Bulgarian Socialist Party (BSP), will be tight. Not quite the suspense of the U.S. presidential contest, but certainly not lacking in drama either. And, to boot, the opposition frontrunner might actually have a fair chance. He could well rally the votes cast for United Patriots, an ultra-nationalist coalition between erstwhile sworn enemies the Patriotic Front and Ataka, for ABV (Alternative for Bulgarian Renaissance), a splinter group from the BSP, and several other minor players. Borisov has only himself to blame for this state of affairs. He delayed his choice as much as possible, unveiling Tsacheva at the very last moment – well after other contenders had stepped into the fray.
    [Show full text]
  • Zornitsa Markova the KTB STATE
    Zornitsa Markova THE KTB STATE Sofia, 2017 All rights reserved. No part of this book may be reproduced or express written consent from Iztok-Zapad Publishing House. transmitted in any form or by any means without first obtaining © Zornitsa Markova, 2017 © Iztok-Zapad Publishing House, 2017 ISBN 978-619-01-0094-2 zornitsa markova THE KTB STATE CHRONICLE OF THE LARGEST BANK FAILURE IN BULGARIA — THE WORKINGS OF A CAPTURED STATE THAT SOLD OUT THE PUBLIC INTEREST FOR PRIVATE EXPEDIENCY CONTENTS LIST OF ABBREVIATIONS AND ACRONYMS / 12 EDITOR’S FOREWORD / 13 SUMMARY / 15 READER’S GUIDE TO THE INVESTIGATION / 21 1. HISTORICAL BACKGROUND / 23 DEVELOPMENTS IN THE BULGARIAN BANKING SECTOR THAT PRE-DATE KTB ..........................................................25 Headed for a Banking Crisis .................................................................................................. 26 Scores of Banks Close Their Doors................................................................................... 29 First Private Bank — Backed by the Powerful, Favoured by the Government ......................................................... 33 Criminal Syndicates and Their Banks — the Birth of a State within the State ...........................................................................35 A Post-Crisis Change of Players ..........................................................................................37 A FRESH START FOR THE FLEDGLING KTB ..................................................... 40 KTB SALE ..........................................................................................................................................42
    [Show full text]
  • A Key Issue for Bulgaria Evgeniy Kandilarov
    ISSN: 2560-1601 Vol. 28, No. 4 (BG) April 2020 Bulgaria external relations briefing: International Solidarity in a Global Pandemic - A Key Issue for Bulgaria Evgeniy Kandilarov 1052 Budapest Petőfi Sándor utca 11. +36 1 5858 690 Kiadó: Kína-KKE Intézet Nonprofit Kft. [email protected] Szerkesztésért felelős személy: CHen Xin Kiadásért felelős személy: Huang Ping china-cee.eu 2017/01 International Solidarity in a Global Pandemic - A Key Issue ror Bulgaria In the situation of a global pandemic, in which each country experiences many difficulties and serious challenges related to its health, social and economic systems, the issue of so-called international solidarity is becoming extremely important, especially for such countries as Bulgaria with small and highly dependent economies and very limited sources. International solidarity within EU A few weeks ago, Bulgarian political scientist Ivan Krastev noted that actually we are experiencing a kind of paradox. The virus knows no borders, and at the same time closing borders has proved to be the first and only common solution in all countries, regardless of their different traditions and political systems. At present, neither governments nor societies have a clear idea of what's going on and what's going to happen. And the most important thing for any government is to create a sense that the situation is under control. It is precisely the closure of borders in some almost mystical way that convinces people that, first, the government is taking care of something and, second, that this is the way to solve the problem. For this reason, we are in a situation where the EU has been suspended in recent weeks.
    [Show full text]
  • INVESTMENT PROSPECTIVE: WESTERN BALKANS Regional
    INVESTMENT PROSPECTIVE: WESTERN BALKANS Regional Business Leaders Meet Up 2018 Under the Auspices of the Bulgarian Presidency of the Council of the European Union Wednesday, 16 May 2018 National Palace of Culture (NDK) Hall 3, 1 Bulgaria Sq, Sofia, Bulgaria Working Languages: Bulgarian and English (simultaneous translation will be provided) AGENDA 9:30-9:45 REGISTRATION AND COFFEE 9:45-10:00 FAMILY PHOTO 10:00-10:45 OPENING OPENING ADDRESSES: Iravan HIRA, Chairman of the Board of BBLF Lilyana PAVLOVA, Minister for the Bulgarian Presidency of the Council of EU 2018 KEYNOTE STATEMENTS: Boyko BORISSOV, Prime Minister of Bulgaria (tbc) Donald TUSK, President of the European Council (tbc) MODERATION: Maxim BEHAR, Past Chairman, BBLF Board Member 10:45-11:15 ROUND TABLE DISCUSSION – ECONOMIC POTENTIAL OF THE WESTERN BALKANS PARTICIPANTS IN THE DISCUSSION: Tomislav DONCHEV, Deputy Prime Minister (tbc) Ekaterina ZAHARIEVA, Deputy Prime Minister and Minister of Foreign Affairs (tbc) Emil KARANIKOLOV, Minister of Economy (tbc) Goran KNEŽEVIĆ, Minister of Economy of the Republic Serbia (tbc) Kreshnik BEKTESHI, Minister of Economy of the Former Yugoslav Republic of Macedonia (tbc) Valdrin LLUKA, Minister of Economic Development of Kosovo* (tbc) Mirko ŠAROVIĆ, Minister of Foreign Trade and Economic Relations of Bosnia and Herzegovina (tbc) Arben AHMETAJ, Minister of Finance and Economy of the Republic of Albania (tbc) Dragica SEKULIC, Minister of Economy of Montenegro (tbc) Zoya PAUNOVA, BBLF Board member Levon HAMPARTZOUMYAN, BBLF
    [Show full text]
  • Contents 107 89 73 59 43 31 23 21 9 5 3
    contents Who we are 3 Message by the Chairman 5 Managing Board 9 Supervisory Council 21 Advisory Council 23 Members 31 Commi﬐ ees 43 Branches 59 Regions 73 Sectors 89 Events 107 THE VOICE OF BULGARIAN BUSINESS 1 KRIB HAS THE AIM TO BE MOST WIDELY REPRESENTATIVE FOR THE BULGARIAN ECONOMY krib KRIB IS “THE VOICE OF THE BULGARIAN BUSINESS” THAT: produces three quarters of the country’s GDP provides jobs to over 800 000 people unites over 11 000 companies, which are members through individual or collec﬒ ve membership, among them the biggest companies in Bulgaria accounts for more than three quarters of the exports of Bulgaria. KRIB HAS A MISSION: to raise the compe﬒ ﬒ veness of the Bulgarian economy and the companies opera﬒ ng in Bulgaria to be most eff ec﬒ ve in the process of improving the business climate in the country to assist its members in sharing best business prac﬒ ces, benefi ﬒ ng from the EU membership, going regional and global to encourage the corporate social responsibili﬑ best prac﬒ ces of its members. KRIB IS AN ACTIVE PARTNER IN THE SOCIAL DIALOGUE: has representa﬒ ves in the social dialog on na﬒ onal, sectoral, regional and European level presents opinions on dra﬎ laws in the Bulgarian Parliament is a member of the Na﬒ onal Council for Tripar﬒ te Coopera﬒ on and its commissions its Chairman is Depu﬑ -Chairman of the Na﬒ onal Council for Tripar﬒ te Coopera﬒ on. KRIB HAS STRONG REGIONAL AND BRANCH STRUCTURES: operates 113 regional representa﬒ ons all over the country unites 65 branch organiza﬒ ons in all economic sectors THE VOICE OF BULGARIAN BUSINESS has 10 intersectoral commi﬐ ees that coordinate the interests of its members.
    [Show full text]