tional varietals types dominate the Bulgarian wine industry, while domesticvarieties are declining. The most popular red varieties are Merlot and CabernetSauvignon, while the best-selling white wines are Misket, Chardonnay, Dimiatand Muscat. Four local red varieties still enjoy some popularity in the country– Pamid, Gamza, Mavrud and Melnik (or Shiroka Melnishka). The share taken bylocal varieties declined over the review period as a result of decreasing demandand the ageing of vineyards.Bee honey is one of the agricultural products, which is markedly export oriented.In a seriously competitive environment Bulgaria has strong positions in marketsmainly of the EU countries. The EU is the principal trade partner with respect tohoney (approximately 82% of the total export), but some of the countries, forwhich greater quantities of honey are exported, change places. Within Bulgariaa special EU support program (SAPARD), provides for a 50% investment subsidyfor investment projects in agriculture.5.4 Textile and clothing industryTextile and clothing industry is one of the oldest branches of the Bulgarian economy.Bulgaria has a strategic position to source garments to the European market– it is geographically close to West Europe and to fabric producing countriessuch as Turkey or Egypt. Bulgaria has traditionally had availability of quota to theUSA and Canada for a variety of textile, knitting and garment products. Due tothe long traditions in the sector and availability of qualified, cheap labour force,Bulgaria is an established investment destination for many European textile andapparel industry leaders, such as Miroglio and Safil from Italy, Marland Internationalfrom Ireland and Rollmann from Germany. Large productivity gains arepossible by taking advantage of the local skilled labour-force while reinvestingin modern equipment.5.5 TransportationBased on its geographical disposition, transport system, infrastructure, warehouses,customs system, experience and labour force, Bulgaria has a good potentialfor future logistics development.The road infrastructure of Bulgaria comprises of more than 37,000 km roads,about 400 km of which are highways. There are 6,400 km of developed railways,more than 65% of which are electrified. The main Bulgarian sea ports are Bourgasand Varna. The Danube River is the international water road of the country.There are 5 international airports in Bulgaria: Sofia, Varna, Bourgas, Plovdiv andwww.sme.government.bg 17
Gorna Oriahovitsa (the latter is used mainly as a cargo airport).Some of the major investment projects for infrastructure development include:. Pan-EuropeanTransport Corridor IV;. Construction of a second Danube bridge between Bulgaria and Romaniain the vicinity ofVidin-Calafat;. Reconstruction and electrification of the Plovdiv-Svilengrad-Greek/Turkish border railway line;. Construction of Maritsa Motorway, section Orizovo-Kapitan Andreevo(the border withTurkey);. Pan-EuropeanTransport CorridorVIII:. Construction of the railway line (2.5 km) between Gueshevo stationand the Macedonian border;. Extension, reconstruction and modernization of the Port of Bourgas;. Extension, reconstruction and modernization of the Port ofVarnaPan-EuropeanTransport CorridorVII:. Reconstruction and modernization of the Danube Port of Lom;The new terminal of Sofia Airport was opened for passengers in the end of 2006and will attend 2.5 million passengers per year.5.6 Energy SectorBulgaria needs large-scale investments in the energy sector for reconstruction,replacement, upgrading and expansion of the existing capacities and the constructionof new ones.ElectricityThe investments needed are mainly for:. Rehabilitation of the existing power plants as the most cost-efficientalternative;. rehabilitation and extension of the power transmission network soas to meet the requirements of and join UCTE as well as to expand the technicalcapacity for transit and trading purposes;. Rehabilitation of the power distribution network though which toachieve a reduction in energy distribution costs;. Construction of new capacities.Gas SupplyBulgaria faces the challenge to develop a low pressure gas distribution networkthroughout the territory of the country in order to create an economic and en-18 BSMEPA
- Page 5 and 6: acquired a high value on the Europe
- Page 7 and 8: payments (imports of goods and serv
- Page 9 and 10: framework 4.1%-6.6%. In 2005 the GD
- Page 11 and 12: Top 20 Foreign Direct Investors in
- Page 13 and 14: on the other types of taxable incom
- Page 15 and 16: Rila, Pirin, Vitosha, the Rodopes,
- Page 17: maize, beans, potato, sunflower, pe
- Page 21 and 22: important sectors like electrical e
- Page 23 and 24: fuels, oils and coal (21.6%); consu
- Page 25 and 26: 24BSMEPA
- Page 27 and 28: 26BSMEPA
- Page 29 and 30: Intermediate Body and Projects Impl
- Page 31 and 32: EDOARDO MIROGLIO EOOD _____________
- Page 33: ESO TRADE Ltd. ____________________
- Page 37 and 38: METAL GROUP ELIT 2006 Ltd. ________
- Page 39 and 40: REZ Ltd. __________________________
- Page 41 and 42: SIS INDUSTRIES Ltd. _______________
- Page 43 and 44: protection/, road and railroad brid
- Page 45 and 46: At “Vini” every year are bottle
- Page 47 and 48: 3. The German-Bulgarian Chamber of
- Page 49: ZLATNA TRAKYA JSC _________________