Located in the southeast part of the Balkans, Bulgaria has a diverse topography. The north of the country is dominated by the vast lowlands of the Danube Plain with the river Danube defining the border with neighbouring Romania. The south of the country, by contrast, is dominated by highlands and elevated plains while, in the east, the Black Sea coast attracts tourists all year round.
Bulgaria’s main export partners are Germany, Turkey and Italy while its main import partners are Russia, Germany and Italy. It can be seen from the data below that Satsafe® represents a very significant Internet of Things (IoT) business opportunity in Bulgaria focussed on security and safety applications.
Geographical size: 110 899.7 km²
Population: 7 327 224 (2012)
Population as % of total EU population: 1.5 % (2012)
GDP: € 39.927 billion (2012)
Official EU language(s): Bulgarian
Political system: parliamentary republic
EU member state since: 1 January 2007
Seats in the European Parliament: 17
Currency: Bulgarian lev BGN
A world of opportunity:
We are currently seeking expressions of interest from International distributors for a range of Satsafe® branded safety and security applications including geobloc.
If you are interested in acquiring the Satsafe® Master License as a business opportunity in Bulgaria, please contact us outlining your experience.