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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!
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Standard & Poor's affirmed its credit ratings on Bulgaria |
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The stable outlook reflects the government's commitment to fiscal discipline, given signs of overheating in the economy.
Standard & Poor's Ratings Services affirmed its 'BBB+' long-term
and 'A-2' short-term sovereign credit ratings on the Republic of
Bulgaria, which reflect the country's EU membership, the government's
strong track record of appropriate fiscal policy and rapidly declining
gross debt, a relatively strong external balance sheet, and solid
growth prospects in the medium term.
In february 2008 Standart&Poor`s affirmed the long-term credit rating "ВВ+" of Stara Zagora Municipality which reflects the strong, fast-developing economy of the city and the income of the population higher than the average for the country.
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Last Updated ( Monday, 30 June 2008 )
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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
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Last Updated ( Saturday, 10 May 2008 )
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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.
 Stara Zagora Regional Economic Development Agency
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