• Bulgaria

• Varna

• Eurolink Investment Group

• Black Sea Pearl

Qatar Presentation

We make things happen

• Area: 110,994 sq. km • Population: 7.8 million • Political system: Parliamentary Democracy • Predominent Religion: Eastern Orthodox • GDP: EUR 16,6 billion • GDP per Capita: EUR 2,110 • Inflation: 5% • Unemployment: 10,4

Bulgaria at a glance

We make things happen Source: Invest Bulgaria Agency

• Highly skilled, multilingual workforce at Europe’s most competitive wage

• Stable and predictable business and political environment

• EU membership since January 1, 2007 gives access to markets of over 500 million customers

• The lowest operational costs and tax rates in European market economy

Reasons to invest in Bulgaria (1)

We make things happen Source: Invest Bulgaria Agency

Reasons to invest in Bulgaria (2)

We make things happen

• Flat corporate tax of 10% • VAT exemption on equipment imports for

investment projects of over EUR 5 million • Annual depreciation rate of 50% for software and

hardware, new machinery and equipment • 61 treaties for avoidance of double taxation, 66

agreements on mutual protection and promotions of foreign investments

Source: Invest Bulgaria Agency

Bulgaria Fact Sheet (1)

We make things happen

Sustained growth, Euro pegged, GDP (Euro bn)

21,90

25,20

28,90

34,1035,20 36,20

0,00

5,00

10,00

15,00

20,00

25,00

30,00

35,00

40,00

2005 2006 2007 2008 2009 2010

Source: Invest Bulgaria Agency

Bulgaria Fact Sheet (2)

We make things happen

Low inflation

2004 – 4.0 %

2005 – 6.5 %

2006 – 6.5 %

2007 – 12.5 %

2008 – 7.8 %

2009 – 4,6 %

Inflation, (annual change, %) 2002 - 2008

Source: Bulgarian National Bank

Bulgaria Fact Sheet (3)

We make things happen

Southeast Europe’s leader in attracting FDI Registered FDI Inflow 1999 – 2008, m

6549

8596

6222

31522736

1851

866 9809031103

0

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

Source: Invest Bulgaria Agency

Bulgaria Fact Sheet (4)

We make things happen

Southeast Europe’s leader in attracting FDI Registered FDI as % of GDP, 2008

Source: Invest Bulgaria Agency

2,503,003,403,70

4,204,90

18,10

5,505,60

6,60

0

2

4

6

8

10

12

14

16

18

20

Bulgaria Romania Serbia Ukraine Czech

Rep

Latvia Estonia Hungary Poland Slovakia