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Bulgaria has the chance to attract the European business with low prices

Monday, Apr 13, 2009

The low real property and labour costs in Bulgaria make the country an attractive place for investments with an opportunity to serve the business from West Europe even in times of world economic and financial crisis according to surveys of international consulting real estate companies. The countries from Central and Eastern Europe are the winners in these challenging times offering conditions, base and expertise to attract investors, say analysts from Jones Lang LaSalle in a survey about outsourcing and offshore business for activities like backup offices for document processing, distant services for clients, etc. The focus is on the Czech Republic, Poland, Hungary and Romania. Bulgaria offers the lowest office price levels in Eastern Europe. The outsourcing of business and optimisation of business services will be the main drivers of demand in the region for the years to come in order for the business to cut down expenses. One of the local advantages is the relatively stable political system as well as the lowest in the EU wates - for 2007 the figure was EUR 2.09 per hour with a forecast for growth of 50% by 2012 against the background of its neighbour Romania where the figure is double this amount.

Source: Stroitelstvo.info