National and local policies for promoting investments in Bulgaria are regulated by the Investment Promotion Act. It provides the opportunity for certification of investment projects as Class A, Class B, and Class C, as well as priority investment projects of strategic importance. The class of the investment is determined according to the scale of the investment or the number of newly created jobs. Certificates for Class A, Class B, and priority projects are issued by the Ministry of Innovation and Growth, while Class C certificates are issued by the Мunicipality.
The Municipality of Ruse has a Public Council on Economic Issues – an advisory body with the participation of representatives of business, academia, and civil society organizations. The Council supports the formation of local economic policies, promotes public-private partnerships, and contributes to improving the investment environment in the city.
Main certification criteria:
New jobs created
Type of economic activity
Location
According to the Bulgarian Investment
Agency more companies choose to invest in cities like Ruse
and other towns along the Danube because of their potential. E-services, one-stop-shop for services on the spot, ad hoc consultancy and technical assistance support are just part of the advantages offered to investors by the local city administration. Specifically established directorate for „Economy, Investments, International Cooperation and Projects“ in the Municipality supports potential investors and assists them in establishing here. An information centre operates entirely for the benefit of citizens and businesses in Ruse and provides free consultations and information on funding opportunities based on national and European grants.
INVESTMENT PROFILE
OF RUSE MUNICIPALITY
Promotional video "Ruse - Port of
new opportunities"
