The city of Ruse continues to establish itself as one of the leading economic centers in Bulgaria, offering a stable business environment, modern infrastructure, and efficient administrative services. This is shown by the data from the World Bank report “Ready for Business at the Subnational Level” for 2024, according to which Ruse ranks highly in several key categories, proving to be a preferred city for investment and development.

Leader in Access to Utilities

Ruse shares the top spot with Sofia in the category "Access to Utilities". The city provides quick and reliable access to electricity, water supply, and high-speed internet. This factor is crucial for attracting investors and new companies that rely on quality infrastructure solutions.

Fast and Efficient Dispute Resolution

Ruse ranks among the cities with the shortest time for resolving commercial disputes – only 10 months. Compared to Sofia, where the process can take over two years, Ruse offers a significantly better legal environment for business. This ensures security and stability for investors, which is a key factor in the city's economic growth.

Low Property Transfer Costs

Ruse offers the lowest property transfer costs among all major cities in Bulgaria. The property transfer tax in the city is only 2.2%, making it significantly more advantageous compared to Burgas, Varna, Plovdiv, and Sofia, where this rate reaches 3%. This advantage encourages real estate investments and stimulates the local economy.

Digitalization and Modern Administrative Services

Ruse is among the leading cities in Bulgaria regarding the digitalization of administrative services. The city already conducts virtual court hearings, which significantly reduces the time for processing cases. These innovations make the business environment even more attractive for entrepreneurs and companies seeking fast and effective solutions.

Strategic Location and Developed Infrastructure

Ruse is located on the banks of the Danube River and boasts well-developed transport and industrial infrastructure. The city is becoming a key logistics and trade center, attracting investors from various industries. Thanks to its strategic location and modern industrial zone, Ruse offers excellent opportunities for business expansion.

Conclusion

Ruse does not just compete with major cities like Sofia and Plovdiv – it stands out in several key aspects. With low administrative costs, fast dispute resolution processes, stable infrastructure, and advanced digital services, Ruse proves to be one of the best cities for doing business in Bulgaria. The city's success reflects the effective work of local authorities and an ambitious vision for sustainable economic development.

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