News

Greek companies are massively moving to Bulgaria

08.08.2016

After the newly accepted higher taxes in Greece since June, the number of greek companies that had moved their business to Bulgaria has risen between 20% to 30%.

The enterprises were situated mainly in the North part of Greece-Macedonia and Trakia, and are characterised as small and medium. They vary from manufactoring to services companies.

The economic crisis has aready made many small and medium businesses move to their neighbour countries. The newest raw economic measures that the authority in Athens took, led to bigger transfer of greek businessmen to Bulgaria, where the taxes are visibly lower.

At the same time consulting companies, which are helping the business move, are expanding even more to the South, and are offering their services in Tesalia, central Greece and even Peloponнese. The report shows that there already are around 30 consulting compaies that are doing this kind of activity.

The accounting greek companies are also getting thousands of requests from small and medium enterpreuners that want to transfer their business to Bulgaria. During the last 40 days a huge accounting company in Piraeus has gotten 20 requests from wholesale enterprises that would like to leave Greece and move to Sofia and Varna.

In this sense the consuting companies has risen their online advertising as they are concentrated in showing the advantages that the greek business could have if it moves to Bulgaria. An example of this is the stability of the bank system in Bulgaria, compared to the greek one.

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