Invest

HOME

THE REGION OF STARA ZAGORA WELCOMES YOU TO THE HEART OF BULGARIA!

Our location on the crossroads of European transportation corridors 8 and 9, connecting Europe and the Middle East, the Scandinavian countries and the Mediterranean, is ideally suited for international commerce.

Having long been a national centre for industry and agriculture, Stara Zagora offers an infrastructure developed to facilitate the relocation or expansion of your business. Our well-educated labor force is a valuable asset to potential investors. Stara Zagora is a university city with many specialized secondary schools and accelerated language schools that provide international investors with a talent pool trained in modern commerce and a workforce fluent in foreign languages.

With the support of the local governments, Stara Zagora has welcomed many prestigious foreign firms into the region. The Regional Investment Promotion Centre provides full on-site assistance to potential investors and foreign partners.

The Stara Zagora Region represents a major economic factor in the national economy. The 10 municipalities: Stara Zagora, Bratya Daskalovi, Chirpan, Gurkovo, Kazanlak, Maglij, Nikolaevo, Pavel Banya, Opan, Radnevo - welcome and offer their support to the potential investors!

An important phase in the construction of AES TPP “Maritsa East-4"complete

Two years after ground-breaking for the future thermo-electric power plant (TPP) near Gulubovo, on April 29, 2008 the steel frame for Boiler 1 is ready. AES is building what will become the fourth TPP in the 50-year-old Maritsa East energy complex.

The project is worth almost 1,400 million euro and is the biggest greenfield investment in all Central and Eastern Europe. The future TPP will have two power units of 335 MW each. The first is scheduled to be connected to the national power grid in June 2009 and the second - 6 months later.

TPP 4 is being built by a new method, has no smoke stacks and will bring down the air pollution levels. TPP 4 is designed to operate for 40 years.

Economy Minister Dimitrov thanked Ambassador Beyrle for his support for what he called "a successful American project" near Gulubovo. Ambassador Beyrle mentioned three factors that determine the importance of the project: the size of investment, its potential to allow Bulgaria to reclaim its position as a major energy exporter, and its being an advertisement of Bulgaria as a good place to invest.

Source: BTA

Photo: Stara Zagora Economic Portal

Last Updated ( Saturday, 10 May 2008 )

Praktiker and bauMax opened stores in Stara Zagora

Due to its rapid expansion in Bulgaria, German home improvement and DIY store chain Praktiker opened in Stara Zagora its ninth store for Bulgaria, on April 19, 2008. It is located at the city west entrance, on the main road coming from Sofia.

A few days later, on April 22, 2008, another market leader of the do-it-yourself concept, the Austrian bauMax opens in Stara Zagora its second store for Bulgaria. It is situated at 66, Patriarch Evtimiy, at the south entrance to the city.

These two DIY stores joined the French chain Mr. Bricolage who opened its store in Stara Zagora in December 2006.

Stara Zagora Regional Investment Promotion Centre

Photo: Economic Portal of Stara Zagora

Last Updated ( Tuesday, 06 May 2008 )

A Partnership for creating a Regional One-Stop Investment Office for the Stara Zagora Region
PHARE 2004 - BG 2004/016-711.11.04 Support for Increasing the Competitiveness of
Bulgarian Enterprises/Public-Private Partnership Grant Scheme

The project is implemented with financial support of the European Union and Republic of Bulgaria.
This website reflects the views only of its authors, and the Commission cannot be held responsible
for any use which may be made of the information contained therein.