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south-east european

INDUSTRIAL MARKET

6

SEE INDUSTRY

Electronic manufacturing in Bulgaria

The Bulgarian electronic industry can be defined by its longstanding history,

tradition, and experienced and highly qualified workforce. During the 1970s and

1980s, Bulgaria was one of the leading Eastern European electronic manufac-

turers, and in the 1980s it supplied more than 40% of the mainframe and per-

sonal computers in the region. At that time more than 130 000 people were

employed in the sector as it comprised more than 25% of total Bulgarian manu-

facturing.

In terms of physical infrastructure, Bulgaria has many advantages for the coun-

tries that invest in it. It is crossed by five major Trans European corridors, provid-

ing easy access to regional and European markets. Two of the largest ports at

the Black Sea, Varna and Burgas, are located in Bulgaria, both connected to the

trans-European corridor VIII, which links the Adriatic Sea and the Black Sea.

Bulgaria offers well developed electricity and gas infrastructure and at the same

time power and utility prices are among the lowest in Europe.

Nowadays, the country remains a preferred electronics manufacturing hub in

Southeast Europe. The electronic sector has been developed on the basis of a

system of multinational and local firms, supported by quality and affordable HR

resources. The companies established and operating there supply various Eu-

ropean markets, including automotive, security, defense, medical, telecommu-

nications, military, lighting, renewable and conventional energy equipment and

consumer electronics. Some of the most popular product groups that are manu-

factured include high end energy saving sensors for various applications in dif-

ferent industries ranging from automotive through food and beverage produc-

tion to agriculture equipment, top quality amplifiers and high frequency power

products used in the radio communication sector, the latest generation HVAC

and climate control equipment used in modern high speed electric trains, semi-

conductors and semiconductor products used in medical, machine building and

automotive manufacturing globally by companies such as BMW, GM, Mercedes,

Printed Circuit Boards (PCBs) and microelectronic components for industrial

applications used all over the world, and more.

Bulgaria provides an overall compelling proposition for electrical engineer-

ing, electronics manufacturing and R&D. An industry report conducted by Bul-

garia's foreign investment agency, Invest in Bulgaria, outlines several factors

that prove this - the country's availability of experienced engineers, qualified

assembly workforce at affordable cost, established traditions in the electrical

engineering and electronics sector, infrastructure well-suited for the needs of

electronics manufacturing, easy access to EU, Russian/CIS and Middle East