Plovdiv entered two rankings for the best places to do business

Plovdiv entered two rankings for the best places to do business

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Name: Evgenyi Natov 

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Plovdiv is one of the ten best medium-sized cities of the future in the global ranking of the Financial Times. The city falls into two of the rankings of the prestigious business publication – for strategic investment and cost efficiency, according to the municipality.

In this year’s ranking, the publication’s business analysts compared 116 medium-sized cities (with a population of up to 8 million) from around the world on more than 90 criteria to select the winners. The main indicators are: economic and demographic factors, human resources and quality of life, cost efficiency, connectivity, favorable environment for business development and others.

“Plovdiv provides a high quality of life and a well-developed economy, which is attractive to investors and our inclusion in the prestigious ranking is expected. The municipality is currently working on the project of a state-certified investor class A, and we are constantly negotiating with potential investors”, said Mayor Zdravko Dimitrov. At the moment, public investments in infrastructure for over BGN 500 million are being realized in Plovdiv. They are expected to ensure the sustainable development of the region, to improve the business climate and to make the city even more attractive.

Plovdiv is the only city in Bulgaria that is in the Top 10 of the prestigious ranking along with Montreal (Canada), Lyon (France), Perth (Australia), Basel (Switzerland), Bilbao (Spain), Yokohama (Japan) and others.

Plovdiv has established itself as the largest industrial center in the country, and the “Trakia Economic Zone” is one of the largest areas in Southeast Europe. It produces hundreds of Bulgarian and international companies with green investments of over 2 billion euros in the last 15 years.

According to Deputy Mayor for Business Development in the municipality Stefan Stoyanov, Plovdiv and the region continue to be a hot destination for investment and industrial zones and services will continue to develop, even in times of crisis. The entry of new Bulgarian and international investors continues actively even this year.

The print edition fDi Intelligence reaches over 15,000 subscribed corporate and cross-border investment professionals worldwide, as well as thousands of users online, which gives Plovdiv and the region the unique opportunity to stand out as a top destination for business investment, supported by a high international publication authority – a remarkable and important achievement during the pandemic crisis.