Bulgarian market entry

In today’s world of globalization enterprises are constantly looking to replicate their domestic-country success in other markets. However, each country’s market is unique in its underlying economic, demographic, cultural, business etiquette and regulatory factors.If you are international enterprise and you are targeting to enter Bulgarian market directly, establish subsidiary or you need stable and experienced partners, Simenso possesses the network of contacts, proprietary methodology, market credibility and record of success that will help you to accelerate your path to profitability and revenue growth.

What we offer:

Starting phase:
Market and/or Business Intelligence– we make complete researches and analysis to help and guide to the market entry strategy and decision making.
First Tier and Second Tier Partnership selection – assistance in selecting proper partners, if you plan to enter the market through a local company.
Business Set-up Phase
Site Selection - assist in selecting the most appropriate location for your Bulgarian expansion project.
Market Entry Strategy - covers localizing strategies and plans related to Bulgarian Market entry and adapting them.
Company Formation- establishing a legal entity, setting up a local office, and assistance in hiring local staff.
Business Development Phase
Business Development - identification of potential customers, creating new contacts, searching for distribution channels and partners, and introduction to third-party service providers including freight forwarders, translation companies, law firms, accountants, and banks.
Growth Phase
Sales and Marketing- providing ongoing marketing communications and public relations support to help strengthen your company's brand and positioning

Industries that we serve:

We cover a broad range of high-growth and emerging industry sectors including ICT, automotive, clean technology (including renewable energy), manufacturing, security and defense, medical equipment, telecommunications, travel, tourism, and consumer goods.