Bulgaria

 

         Located in the heart of the Balkans, Bulgaria offers a highly diverse landscape: the north is dominated by the vast lowlands of the Danube and the south by the highlands and elevated plains. In the east, the Black Sea coast attracts tourists all year round.

        Founded in 681, Bulgaria is one of the oldest countries in Europe. Its history is marked by its location near Europe's frontier with Asia. Some 85% of the population are Orthodox Christians and 13% Muslims. Around 10% of the population are of Turkish origin while 3% are Roma.

        Bulgaria has an industrialized, open free-market economy, with a large, moderately advanced private sector and a number of strategic state-owned enterprises. The World Bank classifies it as an "upper-middle-income economy". The Bulgarian lev is the country's national currency. The lev is pegged to the euro at a rate of 1.95583 leva for 1 euro. Bulgaria's main exports are light industrial products, foods and wines, which are successfully competing on European markets.

        With its 1300-year history Bulgaria possesses quite unique culture and folklore. Those interested in folklore music will be familiar with a number of Bulgarian musicians.

A Bulgarian folk song was included on the Voyager Golden Record which was sent into outer space by NASA. Famous Bulgarians include philosopher Julia Kristeva, Elias Canetti, Nobel Prize winner for literature in 1981, and Christo Javachev (“Christo”), the creator of many unorthodox outdoor sculptures.

 

Doing Business in Bulgaria Statistics Ten Things That You Need To Know About Doing Business In Bulgaria