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Discover the investment potential in Yambol, Bulgaria, with its strategic location, developed infrastructure, and favorable financial conditions for businesses of all sizes.
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Yambol Municipality Investment profile Yambol2016
WELCOME TO YAMBOL! Yambol is one of the oldest cities in Bulgaria and in Europe with over 1700 years of history • A city with unique location of ancient and contemporary crossroads. Sunny and hospitable in all seasons. • Initiative and hard-working people, motivated to improve the appearance of their city, to build and create. • Ambitious local authority set to work for the development of an innovative and competitive city. This is Yambol today! Our motto is: “I come from antiquity, I am going to the future!”
5good reasons to invest in Yambol: • Key geographic location • Fast transport links with international ports and airports-developed road and technical infrastructure • Availability of free terrains for development of investment plans, favourable tax conditions • Competitive level of average salary, cadre potential of qualified officials and label force • Fast administrative service, stimuli for development of public - private partnership
YambolLocation • Yambol is one of the economic centres in Southeastern Bulgaria • Part of the South-East planning region • A municipal city, administrative centre of Yambol Municipality • Area – 91sq.m. • On the river of Tundzha • At an equal distance from: Sofia, Istanbul and Bucharest
Strategic location A cross-point of two international transport corridors:
Infrastructure Transport Trakia highway Constant renewal of the street network in the city, in compliance with the adopted Strategy for development of the road infrastructure
Infrastructure City transport • Developed city transport network • Lines serving the industrial zone • Possibilities for opening additional bus stops and new lines • Adaptation of the bus routes depending on the business needs
Infrastructure Water supply and sewage: Prices:*Water supply to consumers:EUR 0, 78 /m3; *Refuse water drainage:EUR 0, 05 /m3.
Infrastructure Electricity and gas supply: • The city has an excellent electricity supply network serviced byEVN. Well established gas distribution network Price of electricity for industrial purposes: EUR 0, 084/ kWh
Infrastructure ▪ Telecommunications: ▪ Full coverage by the network of the three Bulgarian mobile operators: M-tel, Telenor and Vivacom; ▪ More than 20 national and local Internet providers ▪ High-speed Internet: up to 100 Mbps,Internet penetration 70-80%
Map of free terrains • Yambol Municipality offers over 80 free municipal terrains for entrepreneurial activity
Financial conditions Taxes and fees • Yambol Municipality offers some of the lowest local taxes and fees in the country: • 1,98per mils – Building tax for companies (2015) • 4,04per mils – Waste fee for companies (2015)
Financial conditions Average salary • Average salary for the country: EUR 400– 420/month • Average salary for Yambol Municipality EUR 300 – 350/month • Minimum salary EUR 220/month * An opportunity for payment of the minimum salary and of the social security contributions and health insurance of young people and people with an unequal social status through the National Employment Agency. Data about 2015
Structure of the economy By Industries and numbers of companies
Departmental structure of the economy By % of GDP
Economic profile- facts and perspectives Opportunities for: • Development of typical for the city productions using the potential and experience of the human resources • Development of forwarding and transportation activities • Production and supply of raw material for the existing industry, repair works and technical maintenance • Construction – road, residential, water and sewage, etc. – the companies from this sector are leaders in terms of net income • Over 80 companies from the region have specialized in the production of textile, clothes and shoes • Growth in the Furniture production sector in the past years Yambol has traditions in the field of machine-building and metal processing, chemical industry Traditions in the field of construction, textile industry and furniture production
Economic profile- new productions New industrial branches are also developed in Yambol: • Production of automobile electrical equipment • Plastic waste recycling
Economic profile AGRICULTURE Advantages: • Yambol is a the centre of a highly developed agricultural area. The favourable soil and climatic conditions and the irrigation possibilities provide good opportunities. • Field crops are grown – wheat, barley, maze, sunflower, rape seed. Perrenial plants – vineyards, fruit orchards. • Vegetable growing, tobacco and other remedial and aromatic plants . • Constantly increasing the areas with ecological and bio-crops, such as the interest of breeding animals in conditions similar to their natural environment. • Animal breeding is represented by milk cattle-breeding, pig-breeding, poultry-farming, bee-keeping. • The region is one of the leading in the country in terms of freshwater fishing. Organization of new productions comply with the latest requirements for ecological production • Processing plants for raw material from agriculture • Production and trade with agricultural equipment
Economic profile TOURISM Advantages: Rich cultural and historical heritage: • The ancient city of Kabile – the first capital of the ancient Odrysian kingdom of the Thracians; • Settlements of over 6 thousant B.C.; • Museums; • Galleries
Economic profile TOURISM Natural resources: • The valley of the Tundzha river with its typical dense forest; • Immediate proximity to the beautiful Bulgarian mountains: StaraPlanina, Strandzha, Sakar; • Splendid recreational areas in and around the city.
Economic profile TOURISM • Traditions in organizing festivals; • A member of the Federation of European Carnival Cities (FECC) with the International masquerade festival Kukerland;
Economic profile TOURISM • Excellent opportunities for culinary, wine and hunting tourism • Only 1 hour away from leading Black Sea resorts
Economic profile Social activities, healthcare, energy efficiency • Yambol is among the leaders in the country in the sphere of social activities; • High level of healthcare – the city has a Multiprofile hospital for active treatment and two specialized hospitals – Cardiologic and Surgical; • Yambol Municipality was among the first introduced an Action plan for energy from renewable sources, energy efficiency and sustainable transport until 2020. - opportunities for production, trade and building of energy efficient facilities and improvements of public and residential buildings.
Active population * The active population includes: Women from 16 to 59 and men from 16 to 62 years of age • Yambol Municipality Total number: 34 504 Women: 18 280 Men: 16 224 • Yambol district Total number: 70900 Women: 38 100 Men: 32 800 *
Level of unemployment Data from Yambol Employment Agencyas of 2015:
Economically active population Educational degree
Educational structure • 2 elementary schools • 7 primary schools • 3 profiled high schools • 7 vocational high schools • 1 sports school • 1 secondary school • Faculty of Engineering and Technologies of the Thracian University • 3 vocational qualification, requalification and language training centres
Investment incentives Fast administrative service • Individual administrative service; • Accelerated issuing of licenses, permits and registrations; • Public access to information on the territorial structure and management – buildings, terrains, industrial zone through the GIS – portal of the Municipality: www.gis.yambol.bg/gisoutvn
Investment incentives Readiness for public-private partnership Yambol Municipality offers flexible forms of public-private partnership in the following main categories: • Management and maintenance; • Design / construction / operation / transfer; • Renting / Leasing; • Concession
Public-private partnership Good practices • Business centre and Mall of Yambol • Bus stops concession • Yambol Arena Sports complex • Children’s playground in Zlaten rog complex
Companies that chose Yambol Foreign investments • Yazaki Bulgaria EOOD – Automobile cable equipment works; build on 25 000 sq. m, over EUR 22.5 million investments; 2000 workplaces. • Miroglio AD – manufacture and trade with textile products; 50 million EUR investments in the plant; more than 600 workplaces; • Papas oil AD – one of the leading manufacturers of vegetable oils in Bulgaria; EUR 1 million investments in buildings and new technical equipment, 300 people employed; • HESAD -production of hydraulic cylinders,20million EUR investment for the past 20 years, more than 500 workplaces; • ELOPAR OOD-Automobile cable equipment, 50 workplaces
Welcome to Yambol! Republic of Bulgaria Yambol Municipality 8600 Yambol 7 “Georgi Rakovski” Str. Tel.: +359 46 681 110 Fax: +359 46 662 247 e-mail: yambol@yambol.bg web: www.yambol.bg