1. Levski Industrial Zone
Bulgaria
2007

2. Outline Korean Production Center for EU market
Bulgaria – join as a member of EU since Jan.2007
( Export with Duty free in all EU countries )
Korea & Bulgaria – Investment Security Agreement
(Since May, 2006)
FTA Negotiation between Korea & EU
(Produced in Bulgaria → Made in EU )

3. Organization Government Authority Organizer :
Choice Ltd Sofia ( )
- Established since 1990
- President : John Park( )
Cooperation Organization :
- WTM SEBA Co., Ltd Korea ( )
- RPI-Consulting Bulgaria ( )
3) Support Organization :
- KCBMC Korea
- Levski City of Bulgaria.
- The ministry of Economics Bulgaria
(Invest Bulgaria Agency)
- KOTRA Sofia
- Korean Embassy in Sofia

4. Levski Industrial Zone
Purposes
Organization for EU production base
Levski
Agricultural Farms
- International school
- NGO Organization
Levski Industrial Zone
Silver Village
New business
- Hospital
-Resorts for retired
-Educational works: Farming,
Computer, English
Foods Business
Rice farm

5. Organization General Office for Industrial Zone
- General administration & Management
for Levski Industrial Zone
- Arrangement/Help for Employment
- One-Stop-Service for any Permits, Negotiation with Government
2) Member companies
- Self Investment, Independent Management
- Export products

6. Introduction of Bulgaria
Contents
Remarks
Population
around 8,500,000
Area
110,000 ㎢
Climate
Mediterranean climate , four seasons
(similar to Korea’s season)
The average temperature for the year(10.5 C ), Average in summer( 30 C), Average in winter( -5C )
Nation composition
Bulgarian (85%), Turkish (10%), Gypsy(5%)
Religion
Bugarian ortho-doxy(85%), Muslim(12%), Protestant (2%), others(1%)
GNP
U$ 3,100
Chinese level
Currency
Leva . Currency : 1Leva = 100 Stotinki.
US 1$ = 1.55 Leva(Aug.2006)
EURO 1 = Leva (Fixed)
Fixed currency. Stable currency. Euro will be official currency in 2010,
Economic growth ratio
2003 : 4.3% 2004 : 6.1% , 2005 :5.5%
The highest growth ratio within eastern European countries
Population mass ratio by city
Consist of 27 cities. Sofia(Capital) : 1,200,000 ,Plovdiv : 370,000, Varna : 290,000, Bourgas : 200,000 EU
Bulgaria will be a official member of EU Since 1st.Jan.2007
Customs duty free within EU countries
Geographically important location that can export to Middle east, Western Europe, Central Asia, CIS
Bordered countries :
Turkey, Greece, Macedonia, Yugoslavia and Romania

7. Good location to East / West Europe, Middle East.
Good location to East / West Europe, Middle East

8. Introduction of Levski
Good Location :
Just 200km from Sofia on the way to Romania
2. Good Transportation :
- On the International road (E-81).
- Near to Danube canal - 40 km
- Cross International Railway & Local Rail way
3. Enough Labor resource : Population - 15,000 (within 30km → 100,000)
4. Low labor costs : U$ /month
5. Low and stable Power resources ;
Cheap electricity, Water facilities, Cheap Gas – all prepared.
6. Tax & Duty Advantage, Supports
Plan of Silver Village.
- Japanese Silver village is near to Levski

9. LEVSKI Location
From Sofia to Levski : 200Km

10. Industrial Complex Info
Size : 300,000 m2
(Extension possible)
Cheap & Stable Power resources
- Cheap electricity, Water facilities,
- Cheap Gas.
Electro supply system :
380V, 50Hz
(Available electricity by demand)
Domestic electricity : 220V, 50Hz.
Road
Industrial complex

11. Scheme for Land usage

12. 1 shareholder Responsibility .
Registration of Company
Contents
Remarks
One stockholder
EOOD. 1 shareholder Responsibility .
① Operation speed is comparatively quick
② Suitable for small and medium sized enterprise
③ Definite responsibility ④ term : unlimited
⑤ Easy to change the contents of company registration and amendments.
1 shareholder Responsibility .
More than
two stockholders
OOD. More than 2 shareholders
Responsibility under agreement of more than two stockholders
Corporation Tax ratio
10%
VAT
20%
Social insurance tax
36%
Minimum Capital
2500 EURO ( 5000 Leva)
The required period
One month
Lawyer fee +
Public taxes
around 500 EURO
Lowest expense and easy registration In comparison with another countries in EU
Necessary Documents
Passport

13. Advantages To provide Special Tax benefits for business.
Export : Customs duty free according to joining in EU
3. Expecting High increase of land prices after EU join(2007)
4. Quick to obtain some permissions by Government,
Cheap & Stable labors (One-Stop-Service)
Ex : Comparing with Czech, the cost is about 30%.
(HYUNDAI Motor (Czech), SAMSUNG electronics (Hungary)

14. Sales Information 6. Sale, Long Term Rent, Investment : Possible.
Sales Unit : Unit m2.
2. The lowest price among EU countries
- Expecting High increase of land prices after EU join(2007)
3. Purpose : Industrial facilities.
4. Building coverage : ≤ 80%, Floor area ratio : ≤ 350%.
5. Sales way : First come, first serve
6. Sale, Long Term Rent, Investment : Possible.   
1 stage
2 stage
3 stage
4 stage
Sales Contract
Consultation
Application
Negotiation

15. Levski
Levski

16. Investments in Levski Discount+ ESMOS ☞ IKEA . Sweden, DIY Furniture.
Building Factory now.
☞ KIM’s Orchid Green House. Korea.
Orchid Production Center for EU
☞ Gimel Group. Russia. Vegetable Green House.
Production Center for EU (Size :120,000 sq.m )
Discount+
☞ Tengelman Group. Germany. Outlet Store.
ESMOS
☞ ESMOS Bulgaria.
Production of MOLDs, Machineries.

17. ☞ Contact info
Choice Ltd
Sofia Bulgaria.
Tel : ,
Fax :
Mobile :
Homepage :
Attn : John Park /CEO
(Korean Export Award )