A group of companies from the Midlands recently went to Bulgaria on a UKTI
organised trade mission to explore the possibility of new contacts and business
opportunities in Bulgaria in the Rail sector.The East Midlands has a very strong
legacy of activity in the Rail Sector centred around Derby which has the largest
cluster of rail development and supply chain companies in Europe.
UK Plc is highly regarded in Bulgaria and are cumulatively the 4th largest investor
(1996 onwards). UK exports grew by 21% in 2008 within Bulgaria’s stable
macroeconomic framework, sustained economic growth and with an attractive
rate of 10% corporate tax, the lowest in Europe. the EU structural funds that are in
place to support economic regeneration, together with low operating costs make
Bulgaria an attractive market for UK businesses looking to expand overseas.
The delegate brochure had to be presented to the Bulgarian and Elanga International,
a UKTI Language provider, translated the delegate brochure from English into
Bulgarian. Individual companies taking part in the trade mission also recognized the
importance of presenting their own company materials in Bulgarian and brochures,
power point presentations and business cards were also translated for the mission.


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