The National Registry Agency in Bulgaria has announced that there has been a tremendous increase into the number of Greek investors who register companies and move their entire businesses in Bulgaria. This statistics was officially presented yesterday, on 4th of July, on the biggest National Television channel BTV. The numbers presented by the Registry Agency indicate that the number of registered Greek companies is expected to be nearly three times bigger than those presented two years ago. In 2009, 312 Greek companies were registered in Bulgaria, in 2010 these companies were 523 and this year the forecast is for 836 new Greek companies in Bulgaria, based on the fact that the number for the first half of the current year is 418.

Most of the new Greek companies are being registered for the realization of serious business intentions, which argument is greatly supported by the following statistics. Since the beginning of this year up until now, only 6 Greek companies has been dissolved, compared to 179 re-registered 418 newly registered. This serious retention level of the actual functioning Greek companies comes to show that the investments directed to the Bulgarian market and their rates of return have been assessed positively by the investors. We are now in a position to start talking about a short-term turning into a middle-term tendency.

Further to the statistics exposed above, it is important to be mentioned that the progressively growing Greek investment interest towards Bulgaria does not come out of the blue. On the contrary, it has been forecasted by many economists and strongly justified by the dramatic outcome of the economic and financial crisis in Greece on one hand, and the numerous advantages that the Bulgarian market has to offer on the other.