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Sofia is 3rd in Europe in terms of Foreign Direct Investment

Wednesday, 26 February 2020

According to the rankings of fDi Intelligence, a division of the Financial Times, Sofia ranks third after London and Dublin in the category “European City of the Future 2020/21 – Foreign Direct Investment Strategy”. The ranking is conducted once every 2 years and is based on a macroeconomic analysis of 505 cities and regions across Europe in 5 categories - economic potential, working environment, cost-effectiveness, infrastructure and favorable conditions for business development. The Bulgarian capital also holds prestigious positions in other categories:

  • 3rd in terms of cost effectiveness;
  • 6th in the category "Eastern European Regions of the Future";
  • 9th in the category “Small European Regions of the Future” in terms of cost effectiveness;

Certificates will be presented in Cannes in March.