Hapag-Lloyd today opened two new offices in Bulgaria, with dedicated teams ready to serve clients in the port city of Varna and the Bulgarian capital Sofia.
With a population of around 7.1 million, the country has become an attractive market within the European Union, strategically located in the heart of the Balkan Peninsula. Bulgaria’s economy has grown significantly in recent years, with GDP growth expected to remain strong at around 3.5 percent in 2023 and 2024. The country has a strong energy sector, but is also seeing substantial growth in sectors such such as mining, metallurgy, engineering and agriculture. and tourism. The main industrial exports are refined copper, seeds, food additives, medical equipment, tobacco, machinery, copper and zinc. Major imports include household machinery and appliances, solar equipment, bicycles and construction materials.
Bulgaria is an attractive growth market for Hapag-Lloyd and occupies a strategic position in Southeast Europe. Hapag-Lloyd operates with three weekly calls, connecting the Bulgarian ports of Burgas and Varna with key locations in the Middle East, the United States, Europe and Asia. In addition, from Bulgaria, the countries of Central and Eastern Europe are served by the pan-European Rhine-Danube corridor, by truck and train.
“Our new offices in Bulgaria demonstrate our commitment to the Black Sea region. Bulgaria is an attractive growth market for us, with two major ports and good road and rail connections to the hinterland,” said Juan Pablo Richards, Senior Managing Director of the Southern Europe region at Hapag-Lloyd. “We are very pleased to open our own offices in this strategically important location, which will allow us to better serve our clients in the Black Sea region and the Balkan region.”
Source: Hapag-Lloyd