EENI Global Business School

Business in Bulgaria

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Syllabus of the Subject

Foreign Trade and Business in Bulgaria. Sofia

  1. Introduction to the Republic of Bulgaria (EU)
  2. Economy of Bulgaria: The metallurgical sector is one of the pillars of Bulgaria
  3. Business in Sofia
  4. Bulgarian Foreign Trade
  5. Investment in Bulgaria
  6. Main Bulgarian Companies
  7. Access to the Bulgarian Market
  8. Business Plan for Bulgaria

The objectives of the subject “International Trade and Business in” Bulgaria” are the following:

  1. To analyze the Bulgarian Economy and Global Trade
  2. To know the business opportunities in the Bulgarian Market
  3. To analyze the Bulgarian trade relations with the country of the student
  4. To know the Bulgarian Trade Agreements as a member of the EU
  5. To develop a business plan for the Bulgarian Market

European Union Eastern Partnership

E-learning Course Master, International Business

The Subject “Foreign Trade and Business in Bulgaria” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: World Trade.

Doctorate in International Business (DIB) Online

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

EU, Masters, International Business Trade Masters adapted to Bulgarian Students.

Languages: Masters, Doctorate, International Business, English + Study Master Doctorate in International Business in Spanish Bulgaria Study Doctorate in International Business in French Bulgarie Masters Foreign Trade in Portuguese Bulgária.

  1. Credits of the Subject “Doing Business in Bulgaria”: 1 ECTS
  2. Duration: one week

Foreign Trade and Business in the EU Countries

International Trade and Business in Bulgaria

Trans-European Transport Corridors

Transport Corridors related to Bulgaria
  1. Europe-Caucasus-Asia Corridor
  2. International North-South Transport Corridor (India-Russia) (Observer country)
  3. Pan-European Corridor IX (Finland-Greece)
  4. Access to the Trans-Caspian Trade and Transit Corridor (Central Corridor)

Trans-European Transport Network Corridors (Poland, Slovakia, Austria, Italy)

EU International Relations

Market Access - Trade Agreements

Preferential Access and Trade Agreements of Bulgaria

  1. Bulgaria and the Orthodox Economic Area / European Economic Area
  2. The EU
    1. As a member of the EU, Bulgaria is a beneficiary of the EU Trade Agreements: Egypt, Jordan, Lebanon, Ukraine, Moldova, Georgia..
    2. European Single Market
    3. The EU Services Directive
    4. European Digital Single Market
    5. European Customs Union
  3. Black Sea Economic Cooperation
  4. Central European Initiative
  5. Free Trade Agreement between Bulgaria and Bosnia and Herzegovina
  6. Regional Cooperation Council

European Union-Central America Free Trade Agreement (FTA)

European Single Market

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. GATS
    2. Agreement on Sanitary Measures
    3. Agreement on Technical Barriers to Trade
    4. Agreement on Preshipment Inspection
    5. Agreement on Safeguards
    6. Trade Facilitation Agreement
  2. WCO
    1. Kyoto Convention
  3. COTIF Convention (Rail)
  4. BIC
  5. Chicago Convention (ICAO)
  6. IMO
    1. Convention for Safe Containers
    2. Istanbul Convention
  7. Customs Convention on Containers
  8. Convention Harmonization of Frontier Controls of Goods
  9. COTIF Convention (Rail)
  10. CMR Convention
  11. IRU
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
  12. CIM & CIT Rules (Rail)
  13. Organization for Cooperation between Railways (OSJD)
  14. ICC

The EU and Their Institutions

  1. The EU
    1. ECB
    2. EIB
    3. EBRD
    4. EU-CELAC Summit
  2. UNECE
  3. OSCE
  4. Group of States of the European Council Convention against Corruption

Global Organizations

  1. OECD anti-corruption measures
  2. UN
  3. WB
  4. WTO
  5. IMF

European Union Single Market. Free movement of people, services, capitals and goods

The Republic of Bulgaria (Europe).

  1. Capital of Bulgaria: Sofia
  2. Official Language: Bulgarian
  3. Bulgarian Area: 110,879 km²
  4. Bulgarian Population: 7.3 million people
  5. Type of Government of Bulgaria: Parliamentary Republic
  6. Borders of Bulgaria: Romania, Serbia, Macedonia, Greece and Turkey
  7. Independence of Bulgaria: 1908 (Ottoman Empire), 1991 (Soviet Union)

Religion in Bulgaria: Orthodox Church (Christianity).

Orthodox Christianity, Ethics and Global Business

Bulgaria belongs to the Orthodox Civilization (European Economic Area).

Transport Corridor Europe-Caucasus-Asia TRACECA: Azerbaijan, Armenia, Georgia...

Economy of Bulgaria.

  1. The Republic of Bulgaria is a free-market Economy, and a median-upper income economy (WB)
  2. Bulgarian GDP (nominal): 51,030 million dollars;
    1. Agriculture: 5%
    2. Industry: 31%
    3. Services: 63%
  3. GDP per capita: 12,800 dollars
  4. Bulgarian Currency: Lev
  5. Top raw materials of Bulgaria: Copper (the third European producer), iron, coal, gold, bismuth, zinc
  6. The metallurgical sector is vital for the Bulgarian Economy
  7. Main Bulgarian products: electronic devices, fuels, building materials, car components, weapons
  8. Corruption is very latent in Bulgaria
  9. Bulgaria joined the EU in 2007
  10. Top Bulgarian Companies: BDZ, Bulgarian Air transport, Corecom, Madara, Payner Music, National Television of Bulgaria

Foreign Trade (Importing, Exporting)

Bulgarian Foreign Trade.

  1. Main Bulgarian Exports: footwear, clothes, steel, iron, fuels, and machinery
  2. Top Bulgarian export markets are Germany (12%), Romania, Italy, Turkey, Greece
  3. Main Bulgarian Imports: fuels, raw materials, machinery, metals, chemical products and plastics
  4. Top suppliers of Bulgaria are Russia (17%), Germany, Italy, Romania, Greece

European Union-Chile Free Trade Agreement (FTA)


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