In Bulgaria, the Foreign Investment Promotion Act (ZNChI) covers joint enterprises with local businesses. The government has prepared a long-term national strategy to encourage investment, involving a number of government departments.
Other options for expanding your business are taking over an existing one, merging with another company or opening a branch in another EU country.
The Ministry of Economy and Energy provides a range of information on opportunities for forming clusters among enterprises operating in the same sector. It also maintains a register of existing clusters.
The InvestBulgaria Agency provides full details on relevant legislation in force in Bulgaria, as well as about initiatives for promoting foreign business and government support.
Business associations are a significant source of information for finding business partners, as they maintain their own databases and have dedicated consultants on any issues you may have.
Besides central government departments and non-governmental structures, information about potential business partners and help in finding and contacting them is available from the various regional investment promotion offices.