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Country investment advantages in the textile industry
- Bulgaria’s strategic geographic location in Southeastern Europe and its European Union (EU) membership provide locally-registered companies with a market of more than 500 million potential clients.
- The access to such an enormous market is supported by the five Pan-European transport corridors that pass Bulgaria, the five international airports and the 64 river and sea ports in the country.
- Bulgaria offers a low corporate and personal tax rate of 10%, favorable labor costs, modern office space and favorable office rents as well as low utility expenses.
- Bulgaria has long traditions and experience in the textile and clothing field, dating back to the end of the 19-th century.
- The interest of foreign investors from Europe, China and Turkey to the establishment of enterprises in the country has grown in the recent years.
- 75% of Bulgarian textile companies have plans to invest in equipment, facilities, training and software infrastructure in next years
TMT EXPO advantages
- TMT EXPO is a gate to the textile market in Bulgaria and the region
- TMT EXPO provides excellent business environment for meeting new clients and exchange ideas and good practices with the professionals in the sector
- Participating at TMT EXPO provides an analysis of the market situation as well as opportunity to penetrate new markets
- TMT EXPO contributes to the development of the sector in SEE.