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Montana District

Montana District. Welcome to Montana. Welcome to Montana. Advantages of Montana District. Financial stability in Bulgaria ; Low rate of corporative taxes; Qualified labor force; Lower average wage ; Strategic geographic location; Business friendly regional administration.

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Montana District

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  1. Montana District Welcome to Montana.

  2. Welcome to Montana. Advantages of Montana District • Financial stability in Bulgaria; • Low rateof corporativetaxes; • Qualified labor force; • Lower average wage; • Strategic geographic location; • Business friendly regional administration. Ivaylo PETROV – District Governor of Montana district

  3. Welcome to Montana. Geographic position • Montana district is a geographical centre of the Bulgarian North – West; • Territory – 3 635 sq. km; • To the North Montana district has a natural frontier with Romania through the Danube river and Serbia to the West; • The second largest artificial lake in Bulgaria called “Ogosta” is situated on the territory of the district; • The highest peak in Montana district is Kom (2016m); • Here you can find one of the most Fertile areas of Bulgaria “Zlatijata” – known as the granary of Northwest Bulgaria; • Excellent climate – warmly summer (to 40°C) and cold winter (to -25°C); • Population – 155899; • Municipalities – 11; • Administrative centre – Montana (45 350 people), which is situated 100кm from the capital city Sofia – the largest city in Bulgaria (1 165 503people). Ivaylo PETROV – District Governor of Montana district

  4. Welcome to Montana. European transport corridors • Eurocorridor №4, road Е -79 Vidin - Sofia – Kulata; • Eurocorridor №7, the Danube riverandthe port of Lom. We must emphasize the importance of the Danube port in Lom for the development of Montana and in general of Bulgaria. This is the most direct route for transporting goods from Western Europe, Russia and Ukraine to Bulgaria and Greece. Ivaylo PETROV – District Governor of Montana district

  5. Welcome to Montana. Macroeconomic outlook The inflation in Bulgaria for 2009 is 2.5%. Unlike our neighbors in the EU Greece and Romania here we observe fiscal discipline and therefore we have economic stability. Bulgaria applies a currency board agreement based on which the Bulgarian Lev (BGN) is pegged to the Euro at an exchange rate of BGN 1.95583 per EUR 1. Taxes Bulgaria ensures the lowest stake of direct taxation in the European Union, both for corporate and personal income tax. Source: Ministry of Finance Firms in Bulgaria pay local taxes for the property owned as well as tax for garbage. They are different in different municipalities. For Montana Municipality garbage tax for companies is 1% on estimated value of buildings. Ivaylo PETROV – District Governor of Montana district

  6. Welcome to Montana. Leading Economic sectors in Montana District Manufacturing; Wholesale and retail trade, repair of motor vehicles, motorcycles, personal and household goods; Construction; Agriculture, forestry and fishing; Transporting, storage and communications. The economics of Montana district is based on micro, small and medium-size enterprises. Ivaylo PETROV – District Governor of Montana district

  7. Welcome to Montana. Leading Firms in Montana District • AVA SPORT LLC – design and production of parachute belts and harnesses and related accessories; • JSC MRAMOR BERKSTONE – Manufacturing – facing materials for construction; • BALKAN JSC – design and production of metal products, furniture and warehouse equipment, compact pallets, tubular and wire constructions; • Berg Montana Fittings Ltd. - manufacture of plumbing parts, pipes and castings - Spanish property company • Cross Ltd - design and manufacture of bicycles; • Gala Ltd - producers of chicken products; • Monbat- manufacture of batteries; • Metalstroyinzhenering- metal structures; • May Ltd - design and manufacture of women's clothing; • TrimonaJSC - production of casual and sports shoes and accessories; • Ireli- production of children's wooden toys, mainly for IKEA; • Ekotera- organic cultivation of fruit; • The last major investment – “Montana hydraulics” the property of BERG MONTANA FITTINGS EAD – for production of hydraulics cylinders– the firm applying for the award “Investor of the year” for Bulgaria. Ivaylo PETROV – District Governor of Montana district

  8. Welcome to Montana. Energy In the past few years as a result of European directives and state policy (discount at buying) the design and commissioning of parks for energy production from renewable energy sources are current. For their implementation a funds from some European programs are provided. For example: Entered into service hydropower as well as design and construction of new ones; Completed solar parks in the municipality of Lom, and prepared in Montana and Vulchedrum; The design of wind farms in Montana and GeorgiDamyanovo. Potential for such parks exist in Berkovitsa and Varshetsmunicipalities. Ivaylo PETROV – District Governor of Montana district

  9. Welcome to Montana. Agriculture • There are opportunities for development of irrigated agriculture;Development of environmentally growing raspberries, strawberries in the municipalities of Montana, Berkovitsa and GerogiDamyanovo which production is mainly for export; • The region has many small livestock farms raising cows for milk. On 25 November 2010 the Prime Minister of Bulgaria Mr. BoykoBorisov opened the largest farm with a capacity of 2200 cows in the village of Dobridol in the region of Lom municipality. The farm is made with funds from the EU programs; • Montana has excellent conditions for development of ecological agriculture; • Here in the rich and fertile area, called “Zlatiyata” are registered among the highest in Bulgaria fields of wheat, corn, barley, sunflower. Ivaylo PETROV – District Governor of Montana district

  10. Welcome to Montana. Labor Force On 31.12.2009 г. the population of Montana district is 155 899 people. Structure of population Average wages inEuro Unemployment Educational structure Ivaylo PETROV – District Governor of Montana district

  11. Welcome to Montana. Professional education • The network of vocational education and training in Montana covers 12 vocational schools, 2 high schools, 2 high schools, 2 special / support /schools and a private vocational college. During the 2008-2009 school year there are 21 professional fields such as: • forestry; • design; • electronics and automation; • Electrical engineering and Energetics; • use of computers; • Metalworking and Mechanical Engineering; • motor vehicles, ships and aircraft; • Landscaping and floriculture; • Environmental protection; • Manufacture of articles of wood; • Production of textiles, clothing, footwear and leather goods; • Food and beverages; • Secretarial and office work; • Agriculture; • Business management and administration; • Civil Engineering and Geodesy; • Accounting and taxes; • Finance, banking and insurance; • Hairdressing and beauty services; • Chemical products and technologies; • Hotels, restaurants and catering. Ivaylo PETROV – District Governor of Montana district

  12. Welcome to Montana. Friendly administration • In district administration of Montana the standard on qualityISO 9001:2008, also ISO 27001:2005 for quality and information security are introduced; • High quality, fast and transparent administrative services for business; • Meetings with business in Montana - to share problems and find solutions; • Introducing information systems of services for business; • Support and promote public - private partnerships. Ivaylo PETROV – District Governor of Montana district

  13. Welcome to Montana. Montana District Projects An important factor for the development of Montana district is the implementation of projects, co-financed by EU. Here are some of them: • Road Montana - Lom, rehabilitated by Phare CBC Bulgaria- Romania; • Industrial park, Montana; • A town purifying station for polluted waters Montana; • Regional depot for solid waste, Montana; The municipality administrations have been very active in applying for individual projects through this funding such a financing. Firms from Montana district have access to EU funds. There is a good mastering of resources under Program for development of rural regions. That program gives possibilities for modernization of rural economy, for improvement of life. • Forthcoming is reconstruction and renovation of (E 79) Vidin – Montana – Vratsa – Botevgrad in high – speed first class road; • Rehabilitation of road ІІ 81 Berkovitsa– Sofia – at the territory of Berkovitsamunicipality section “Petrohanskiprohod” and “Yonchovihanove” – Blagovo. Ivaylo PETROV – District Governor of Montana district

  14. Welcome to Montana. Tourism • Recreation and spa tourismin the regions of Varshets and Berkovitsa; • Mountaineering in Berkovitsa town; • Eco-tourism in Chiprovtsi town, GeorgiDamianovo village and Berkovitsa town; • Rural tourism; Berkovitsa is an attractive place for tourism and recreation. Since 1974 the town has been a national health resort,attractive with mild and sunny winters, cool summers, fresh mountain air, clear water and healing mineral springs in the vicinity. Varshets– The town of health! It is declared as a national resort in 1950 . The town is located in the northern slopes of the West Balkan Mountains about 400m. altitude and it is wonderful place for recreation, sport, climatic and spa. The greatest wealth of Varshets and the region are numerous mineral springs gushing with strong curative effect of its waters. Their strength has been known since antiquity. Ivaylo PETROV – District Governor of Montana district

  15. Welcome to Montana. Culture • Radichkov - the writer of the Bulgarian North West. He was nominated two times for Nobel Prize for literature; • The first Bulgarian community centre in the town of Lom; • The Roman fortress; • The Tchiprovtsi carpets; • International festival “DikoIliev”; • Monasteries: • Tchiprovski monastery – from 10thcentury; • Klisurski monastery – created in the first half of 13thcentury – third by size in Bulgaria; • Lopushnamonastery; • Dobridolmonastery. Ivaylo PETROV – District Governor of Montana district

  16. Welcome to Montana. Advantages of Montana District • Low rate of corporative tax; • Qualified labor force – 65% have professional education; • Low average wages – 248 euro for Montana; • Strategic geographic location – geographical center of North West Bulgaria; • Business friendly regional administration. Ivaylo PETROV – District Governor of Montana district

  17. Montana District Welcome to Montana.

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