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Business mission in Bulgaria, June 2007

Business Mission in Bulgaria, June 2007

Representatives of the municipal enterprise PEMSA and a group of businessmen from Moncada travelled at the end of June 2007 to Bulgaria for the purpose of consolidating contacts with Bulgarian entities in the framework of the project “business cooperation between Moncada and Bulgaria” co-financed by the Valencian Institute of Small and Medium-Sized Enterprises (IMPIVA), aimed at stimulating the internationalization and the opening of new markets for the companies in the city of Moncada in this Balkan country.

The group of businessmen and consultants during the meeting held with the Hispano-Bulgarian Economic Council in Sofia.

During this mission, interesting meetings were held with the Bulgarian Institute of SMEs, the Chambers of Commerce of Bulgaria and Varna at the Black Sea, the Euro Info Centre of Sofia, the Hispano-Bulgarian Economic Council, as well as various businessmen, both Bulgarian and Spanish, with experience in this country, in order to identify interesting investments and prepare contacts with companies in Moncada. The mission was also aimed at consolidating the relations between PEMSA and various Bulgarian public entities for the purpose of facilitating trade exchanges and initiating future institutional cooperation projects, without excluding the signature of potential future collaboration conventions between PEMSA and various Bulgarian institutions which have already shown an interest in this respect.

Visit to the Chamber of Commerce of Varna (Black Sea).

This is expected to improve the exchanges and relations between the companies in Moncada and Bulgarian companies. Among the emergent economies, Bulgaria features advantageous conditions for business collaboration with the area of Moncada, given the low labour costs, its recent entry into the European Union and the geographical and cultural closeness to other potential markets.