| Market
potential |
Close
to the customers and suppliers, real offers for strategical alliances
are the factors for the investors to invest in the country. Bulgaria offers without doubt the best possibilities
of operation of the international and multinational companies. |
| Services
for the investors |
It
is very important for the foreign companies, for the first phase
on the market entry on the European or east European market to have
one reliable Partner, which skills quick and without bureaucracy
helps them.
The NEST Agency is the right partner for Companies, which are interested in investment and carrying out production on the
productions place Bulgaria, and offered services in: |
| |
Place-
and structure data, |
Individually
place- and object offers, |
Place-
and object visiting, |
Help
to the government contacts and permissions, |
Help
to search of sub supplier and service supplier, |
Identifying
of business- and co-operations partners, |
Individual
market survey, |
Information. |
|
| Partner: |
NEST Agency Ltd., Bulgaria |
| Company
/ Business Contacts |
You
can ask about information for the companies in Bulgaria. You can
do it at branch, regions or Alphabet order. |
| Country
towns |
The
Government has developed some help actions for investors in the
limited country towns, commune and regions. Moor information about
the commune and town offers can you have through the NEST-
Agency information system. |
| NEST-Informations system: |
NEST- information system, offered you
the possible to find projects, real estate, rental, plants and offices.
You should mail to the NEST:
kind of the properties, you ask for and the size |
| People
from Bulgaria |
The
diligence, the inventiveness and the love to work of the people
of Bulgaria is world known. For row material poor country Bulgaria,
is very important to use it and to benefit of the ideas, mind, heads
and hands of the people. |
| Labor
and Social Security Legislation LABOUR
CLIMATE |
| Normal
duration of working hours - 5 days, up to 40 working hours;
extension of the working time - possible under the conditions
of the Labor Code and cannot exceed 10 hours per working day.
|
| Reduced
working hours - possible for some categories of employees. |
| Part-time
work - possible |
| Night
work - between 10.00 p.m. and 6.00 a.m., 35 hours per week,
normal duration 7 hours. |
| It
is possible to organize the work in shifts. |
| Overtime
work cases are possible under conditions of the Labor Code.
|
| Rest
during the work day - not shorter than 30 minutes. |
| Rest
between work days - not shorter than 12 hours. |
| Weekly
rest - at least 48 hours. |
| Regular
and extended annual paid leave - not less than 20 working
days. |
| Additional
annual paid leave - not less than 5 working days. |
| Negotiation
of longer duration of the Leaves - may be agreed in a collective
contract. |
| Minimum
labor remuneration and compensations - regulated by the Council
of Ministers - is 110 BGN per month, at present time. |
Social
Security System |
| Legislation
requires that all employees should be covered by the social
security system and pay social security contributions. The
system includes compensations for general illness, work accidents,
professional diseases, maternity, disability, old age and
death and health insurance. |
| Contributions
as a percentage of gross salary are payable by employers and
employees. The contribution rate for the employer and employee
is in the range of 27% - 36,7 % and is allocated between employer
and employee in proportion - 75:25 for the year 2002. |
| There
is an additional voluntary pension insurance and each person,
who has reached the age of 18, can voluntary insure himself
by a contract concluded with a pension insurance company |
| Code
for the obligatory pension insurance allows for the year 2002
males to retire at age 61 years and 6 months and females at
age 56 years and 6 months under condition that the sum of
the insured practice and the age is not less than 98 for the
men and 88 for the women. From the first day of each following
year the age of retirement increases with 6 months for the
men and women till reaching 63 years for the men and 60 years
for the women and the sum of the length of the insured practice
and the age increases with 1 till reaching 100 for the men
and 90 for the women. |
Health
Security System |
| Health
insurance in Bulgaria is both compulsory and voluntary. The
compulsory health insurance contribution is 6 % of the gross
remuneration and is allocated between employer and employee
in proportion - 75:25 for the year 2002 which means 4,5% for
the employer and 1,5% for the employee. |
|
| Market |
Bulgaria offers attractive Markets:
The country has long term connections to the neighbors, important
European (EC) markets, Central- and Eastern European Countries(CEEC)
and very good connection to the Russia. Bulgaria offers
the optimum convention for the expansion
in Europe. More Companies plant his production plants in Bulgaria,
and you? |
| Know
How |
Science
and development have in Bulgaria highest political and economic priority.
The Bulgarian Companies try to be at the top and to spent more money
for it. |
| Infrastructure |
The
premise for more dynamic economic space is a good functioned infrastructure.
On the Telecommunication sector is Bulgaria, compared to the other CEEC
at the top places. Modern Cable networks and High
speed data transmitting connect the whole country. The modern Energy
guarantee the supply with electricity, oil and in the future with
gas on the whole territory. |
| Info
in brief |
You
can find in brief the important information collect for you from the
Organisation NEST. |
| Your
partner for Question: |
Company's
representation, trade (export/import, re-export), investment, co-operation,
joint venture, real estate and human resources development. |
| |
|
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