Under the Law for the Encouragement of Bulgarian Commerce and Industry, the State, the provinces (departments), and the local parishes may enter into contracts with manufacturers who enjoy special privileges under the law.
These contracts allow the government and local authorities to buy goods directly from such factories for a period of five to ten years. The purpose of this arrangement is to support national industries by guaranteeing them regular orders for essential products. It also helps ensure that the country depends less on imported goods and strengthens the market for Bulgarian-made products Tours Sofia.
Exclusive Manufacturing Rights
The law also provides for exclusive rights of manufacture in certain regions. This privilege may be granted for up to thirty years to factories that produce specific goods of great national importance. These exclusive rights mean that no other company within that district can manufacture the same type of product during that time.
Industries that may receive these exclusive rights include:
Sugar and sugar-based products.
Silk, cotton, linen, and hemp fabrics and threads.
Rope-making.
Petroleum refineries and related products.
Animal, mineral, and vegetable oils.
Preserved foods and slaughterhouses.
Cattle-fattening facilities for meat export.
Pasta and flour-based foods.
Basket-making.
Fine leather for shoes.
Marble, granite, and stone products.
Ironworks, foundries, and vehicle construction.
Paper, wood pulp, and cardboard.
Glass production.
Artificial dyes, fertilizers, and laboratory chemicals.
Turpentine, cement, lime, and plaster of Paris.
Other new industries that are considered useful to the nation by the Ministerial Council may also receive this privilege.
Application and Approval Process
Manufacturers who wish to obtain exclusive manufacturing rights must apply to the Ministry of Commerce and Agriculture. Their application must include detailed plans, cost estimates, and production information.
Once the Ministry reviews the proposal, it submits its opinion to the Ministerial Council, which decides whether to grant the privilege. The decision depends on whether the proposed enterprise is considered beneficial to the country’s economy and employment.
Impact on Industrial Growth
The goal of these measures is to encourage the creation of new industries and support entrepreneurial initiative. By offering long-term contracts, tax relief, and exclusive rights, the government makes it easier for investors to start factories and take business risks.
As a result, Bulgaria hopes to develop its young industries, reduce its dependence on imported goods, and create more jobs for local workers. These laws show the government’s commitment to building a strong, self-sufficient national economy and rewarding those who contribute to its growth.