Bulgaria - Market challengesBulgaria - Market Challenges
- Regulatory and legislative unpredictability
- Inefficient bureaucracy
- Slow moving court system
- Corruption and the influence of entrenched interests or organized crime on some sectors of the economy
- Intellectual property right infringements
- Long and arduous process of acquiring construction permits
- Important to retain a strong, vetted, agent, distributor or partner
- Complex, and often opaque, tendering process
- Aging population with low purchasing power