Municipality of Stara Zagora and the Bulgarian Investment Agency (BAI) presented a class B investor certificate to the Dutch automotive company Nedschroef, which chose to invest in the region. The class B investor certificate is issued to companies that make significant investments in Bulgaria, meeting certain criteria related to the size of the investment and the creation of new jobs.
The certificate provides companies with a number of benefits, including expedited administrative services, the possibility of financial assistance and tax relief. The awarding of the certificate is a recognition of the company's long-term investment intentions and emphasizes Stara Zagora's commitment to creating favorable conditions for business development.
Two of the district's industrial zones, as well as various initiatives and events to promote investments, were presented during a working meeting between the executive director of the Bulgarian Investment Agency, Ms. Mila Nenova, the executive director of the “Zagore&ldquo Industrial Zone ; Mr. Radoslav Tanev and Head of Department "Investments, Energy Efficiency and Green Transition" to the municipality of Stara Zagora, Mrs. Rositsa Raykova. Projects aimed at improving the investment environment and attracting new strategic partners were discussed.
At the moment, Stara Zagora municipality (as a coordinating institution), together with other municipalities from the region, the regional administration and interested parties, is working on the project "Preparation of a Strategy for the Development of Entrepreneurship, Innovation and Digitalization in the Stara Zagora Region and a Road Map" for its implementation“, financed by the Instrument for Technical Support to DG “Reforms” to the European Commission. The project aims to support the promotion of investments by presenting the favorable conditions that the area provides and the potential of the region for attracting investors and development and in particular of industrial zones in the area such as “Zagore”. The development of entrepreneurship, innovation and digitization in the area aims to develop the conditions for attracting investments in the region, and they, in turn, have a high potential to lead to the mitigation of negative demographic trends and retention of the young population.
„Stara Zagora offers favorable conditions for business, thanks to the good infrastructure, highly qualified workforce and the administrative support we provide. We strive to create an environment that promotes long-term investments and facilitates companies in their growth and development.“, said Rositsa Raykova, head of the "Investments, energy efficiency and green transition" department. to the municipality of Stara Zagora.
The initiative is part of the wider strategy of the municipality to strengthen the competitiveness of the region and attract strategic investors.