Bulgaria has made it to spot number six in Bloomberg 2014 best for business ranking among 21 countries of Eastern Europe and Central Asia and is ranked forty-second of 214 evaluated countries worldwide.
Bloomberg identified the best countries for business based on their business, commerce and trade climate. Countries are ranked on six weighted factors, including degree of economic integration, cost of setting up a business, labor and materials, as well as moving goods. Other factors include “less tangible costs” such as property rights, corruption perception and the readiness of the local consumer base.