ruse

PORT OF NEW
OPPORTUNITIES

INVESTMENT PROFILE OF RUSE MUNICIPALITY

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WELCOME TO RUSE – THE ECONOMIC ENGINE OF NORTHERN BULGARIA

 

         Ruse is a modern and cosmopolitan city that combines its rich cultural heritage with dynamic economic development. Located on the banks of the Danube River, Ruse is a strategic center with a growing role in regional and international logistics and industry.
         Infrastructure connectivity, intermodal capabilities, and active cooperation between business, education, and local authorities make Ruse a preferred destination for investment and development. Here, tradition and innovation come
together for the benefit of sustainable growth and human well-being.
         Strong academic capacity, well-trained young professionals, and the entrepreneurial spirit of the local community are part of the sustainable foundation on which the new economic image of Ruse is being built. The city is known as the
“City of Firsts,” but also as a place that gives every good idea a chance to become reality.
          We believe that Ruse can be your new home—for business, innovation, and personal development. We offer a stable environment, professional assistance, and results-oriented partnerships.
           The team at Ruse Municipality is here for you—with open doors and the ambition to make the future better, together!

 

Pencho Milkov

Mayor of Ruse Municipality

 

 

BULGARIA

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Member of the European Union, NATO and WTO.

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Currency board - national currency pegged to the Euro.

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Member of ERM II and the Banking Union, with potential for joining the Eurozone in 2024.

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10% corporate and personal tax.

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5% tax on dividends.

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Competitive conditions for doing business.

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VAT exemption for import of equipment for investment projects.

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Deduction of Research and Development costs.

RUSE

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The biggest economic centre in the Bulgarian section of the Danube

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The close proximity of the Romanian market and its capital Bucharest

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А strategic location on the largest water highway of Europe and an intersection of four global transport corridors – Pan-European #7 and #9, TRACECA and “One belt one road”

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A logistics centre combining different modes of transport

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Highly diversified economy of services and strong industrial profile, which provide opportunities for new business initiatives

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Excellent combination of professional and personal life

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Qualified human resources and highly developed educational infrastructure

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Competitive costs for business start-up or business development, compared to similar regions in Bulgaria

Data on Ruse region

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POPULATION


3,05%

of the population in Bulgaria

209 084

inhabitants in Ruse region

159 998

inhabitants in Ruse municipality (data by CRAS)

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ECONOMIC INDICATORS


€1625.39 Mln

GDP

2.3%

of the country GDP

€7707.72

GDP per capita

17.9%

GDP average annual growth

5.46%

FDI average annual growth

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LABOR MARKET


71.4%

employment

4.6%

unemployment

124,586

population of working age

€659

average monthly gross salary
in the private sector

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ADMINISTRATIVE
PROCEDURES


Establishing of a company in Bulgaria:

€1

minimum share capital

~ €100

registration fees

1 week

deadline for registration

Building permit:

8

mandatory procedures

19+ days

deadline for issuance

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TAXES AND
FEES IN
THE MANICIPALITY OF RUSE


2 %

real estate tax

4,2 %

household waste service tax (or waste container fee + 2 %)

€ 0,84/kW

tax on vehicles
(engine power above 74 to 110 kW)

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REAL ESTATE IN
THE MANICIPALITY OF RUSE


от €20/sq.m.

price of land for industrial purposes

от €1.5/sq.m.

rent of industrial premises

от €4/sq.m.

rent of office space

€200

rent of 1-bedroom apartment in the central area

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EDUCATION
AND HEALTHCARE


16

professional and specialised high schools

1

university

1

branch of high college

7

hospitals

24

medical centres

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QUALITY OF
LIFE


€0.77

public transport ticket

€1.25

petrol price per liter

€5.00

lunch menu

News

S&P Confirms Bulgaria’s Credit Rating with Positive Outlook: A Stable Signal for Investors in Ruse

S&P Confirms Bulgaria’s Credit Rating with Positive…

On May 24, 2025, the international rating agency S&P Global Ratings confirmed Bulgaria’s long-term and short-term foreign and local currency credit ratings at ‘BBB/A-2,’ maintaining a positive outlook for the country. This is a strong indicator…

EU unveils new strategy to simplify the Single Market and boost business growth

EU unveils new strategy to simplify the Single Market…

On 21 May 2025, the European Commission presented an ambitious package of measures to simplify rules and reduce administrative burden within the European Union’s Single Market. The new strategy aims to create a more favourable environment for growth,…

Bulgarian-Indian Business Forum with B2B Meetings to Be Held in Ruse on June 4

Bulgarian-Indian Business Forum with B2B Meetings…

The Ruse Chamber of Commerce and Industry, in partnership with the Embassy of the Republic of India in Bulgaria, is organizing a Bulgarian-Indian Business Forum with bilateral meetings, which will take place on June 4, 2025 (Wednesday), from 12:00…

INVESTMENT PROFILE
OF RUSE MUNICIPALITY

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© Photos: Yavor Michev