CTP Bulgaria

Why do business in #Bulgaria? 📍 Positioned next to Turkey and the Black Sea, Bulgaria is the southeastern gateway to Europe. It joined the EU in 2007 and earlier this year it started transitioning into the Schengen Zone. The Bulgarian lev is pegged to the euro at 1.96, ensuring currency stability through a currency board. 🛣️ Bulgaria is a logistics hub with five Pan-European corridors (IV, VII, VII, XI, X), the TRACECA transport programme, four major airports, two main seaports, and numerous Danube River ports. This location provides direct access to key markets such as the EU, CIS, Turkey, the Middle East, and North Africa. 💼 The country has one of Europe's most favourable tax regimes, with a corporate income tax rate of 10%, the lowest in the EU, and a flat personal income tax rate of 10%. Additionally, there is a 2-year VAT exemption for equipment imports for investment projects over €5 million that create at least 50 jobs. Depreciation time for computers and new manufacturing equipment is 2 years, and a 5% withholding tax applies to dividends and liquidation quotas (0% for EU tax residents). 👩💼👷♂️ Bulgaria's labour costs are among the lowest in CEE, while their population is well-educated, skilled, and multilingual, with a high percentage of students proficient in foreign languages and widespread internet access in schools. 🏙️ Last year, Emerging Europe ranked Sofia to have the 8th best business climate across the regions they cover (CEE, SEE and the Baltics) in terms of the having most conducive regulatory environment for business growth, where the prevalence of corruption and bureaucratic obstacles is minimal, and where all stakeholders exhibit a positive outlook toward business activities. 🏗️ CTP has been helping international and domestic clients — like Sameday, Quehenberger, Maxima, Lagermax, and DSV — in Bulgaria for over three years. As of 2024-Q1, we have seven industrial parks in the country with more plans being rolled out. Learn more about how we can help you in the region:  - Explore our property finer: https://lnkd.in/e9CdtHMD - Connect with CTP Bulgaria's Managing Director, Daniela Boytcheva - Follow CTP Bulgaria on LinkedIn Sources:  - Embassy of Bulgaria: https://lnkd.in/eP-QwzjW - Emerging Europe: https://lnkd.in/dPBc6jBv #InvestInBulgaria #SEE #EmergingEconomies

CTPark Sofia had a special Children's Day last week! 💙 We managed to raise nearly 400 EUR for the children's charity "With faith in goodness, give hope" — a local initiative that raises money for children receiving medical treatment by selling toys knit by a collective of local women. Thank you to all our clients and partners at our park who participated.  Building and supporting communities in all scopes, from charitable support to economic opportunities, takes a holistic approach. We're proud to be part of it! 📸 credit: With faith in goodness, give hope #Community #CSR #Parkmakers #ChildrensDay

77% of the new space we've added at CTPark Sofia West is already preleased! 🏗️ With occupation permits in place, we're even more flexible to offer you the needed space for your business's growth.   The park is located right off the capital's ring road, making it ideal for last-mile distribution, logistics and production, while also ensuring easy access to your potential labor force — bus stops and even a metro-station just 5 minutes away with a car.    In terms of helping your business meet your ESG goals, being a tenant here will also help your business: PV capacity to power the whole park with clean energy, EV charging, water re-use and retention, and landscaping to promote biodiversity and stimulate people's productivity. 🌿   This park has already proven to be a successful park for other existing clients, such as Lidl Online Logistics and Synegy Logistics.    Ping us to know more.    Daniela Boytcheva, Managing Director of CTP Bulgaria [email protected] +359 884 65 22 38   Nikolay Mitov, Head of Leasing CTP Bulgaria [email protected] +359 889 60 18 18   See our other locations across Bulgaria:  https://lnkd.in/e9CdtHMD   #LogisticsRealEstate #LastMileLogistics #Production #Manufacturing #Labour

Wishing all our friends and clients a happy Easter! 🐣 We celebrated at CTPark Sofia's Clubhaus and hosted an open event for all our clients and their employees from the park with a variety of exquisitely crafted Easter breads bursting with tradition and flavour. 👨🍳🥖 From classic recipes passed down through generations to innovative twists that delighted the palate, each bite was a testament to the artistry and passion of our talented bakers. 🤌 The event brought together nearly 50 people! We look forward to hosting many more wonderful community events at our Clubhaus! 🧡 #Community #NotJustWarehouses #LoveWhereYouWork #CompanyCulture #ByCTP

Starting the Week on a High Note at CTP Bulgaria! 🇧🇬 🌍 This Monday brought an extraordinary highlight: the visit of the Ambassador of the Netherlands to our office in Sofia - His Excellency Simon Van der Burg A great occasion that not only honors our latest project, CTPark Sofia West, but also to improve international cooperation and the pivotal role of Dutch investments in fostering innovation and sustainability in Bulgaria. We’re deeply grateful to His Excellency for recognizing our efforts and for reinforcing the strong ties between our nations. This visit is a powerful testament to our shared commitment to excellence and a sustainable future 🌱 Here’s to advancing together with groundbreaking achievements and partnerships that shape industries! #CTP #Bulgaria #Netherlands #DutchInvestments #SustainableFuture #Innovation

Our project in Plovdiv is running with #fullspeed, ready to answer the needs of the continuing business demand & growth in the region. #Plovdiv #manufacturing #logistics #warehousing #flexibility #3PL #FMCG #Production 

Schengen Expansion: New Chapter for Business 🚢✈️ but is there more ? 🤔 With Bulgaria’s ascent to Schengen’s air and sea zones, we’re poised to revitalize regional and international trade. However, the absence of full land mobility still shadows over potential gains. The Ministry of economy and industry’s report of €600M lost annually underscores the urgency for complete integration. As this unfolds, CTP Bulgaria remains committed to supporting every opportunity for growth and innovation in the business landscape. #BusinessBeyondBorders #StrategicGrowth #CTP #Bulgaria #Schengen 🌍💡

Did you know CTP Bulgaria’s Story?🤔 Daniela Boytcheva, Managing Director of CTP Bulgaria, reveals the company's exponential growth in an enlightening discussion with Капитал. Here are the key highlights of our journey: - 2019: CTP’s strategic entry into the Bulgarian market. 🏁 - 2022: Achieved a landmark as the leading industrial and logistic park operator in Bulgaria. 🥇 - 22-fold increase in revenue, showcasing unparalleled growth. 📈 - Multiple locations in Bulgaria, expanding our footprint and driving innovation 🇧🇬 CTP Bulgaria is not just growing; we're transforming the landscape of industrial and logistic parks in Bulgaria. Dive into the full story below 👇 #CTP #Bulgaria #ESG #Growth #futureofindustry

🌿🏗🌟 Building the Future—Sustainably: CTP Scores ‘Negligible Risk’ ESG Rating CTP’s foundations are firmly planted in sustainability, as our latest ‘Negligible Risk’ ESG score of 9.5 by Morningstar Sustainalytics proudly shows. In harmony with EU and OECD sustainability goals, we’re crafting a tomorrow that’s as green as it is bright. We’re not just building for the next quarter; we’re building for the next generation! #CTP #SustainableFuture #BuildingTomorrow

CEE is on the rise: 📊 Attractive business environment. 🏗️ EU investments enhancing infrastructure. 🧠 Skilled, yet cost-effective workforce. Bulgaria is making strides towards Schengen membership, promising smoother operations. For detailed insights, download CTP’s comprehensive report: https://lnkd.in/e8qFky4B #CEE #investments #business #Bulgaria #Schengen