is the 3rd largest city in the country, a center of North East Planning Region. Located on the Black Sea Coast, Varna is called the Black Sea Perl and the Summer capital of Bulgaria. The territory
of Varna is 237,5 sq. km. with a population
of 357 000 citizens . Transport infrastructure
- there is an airport, sea & yacht ports, a ferry, a railway and bus stations in the city. Varna is an outside border for the EU. The city is on the 8th Pan- European transport corridor. Varna Economy:
Form 4.5% of the national GDP, 2nd place in country as per FDI.Services
- trade and maintenance , hotels & restaurants, transport & communication, finance, education, health, real estates, etc. Industry
-the leading role have the construction, tourism, ship- building and ship-repair, transport, production of electrical appliance. There are three clusters
, registered in Varna – ITC, Tourism and Marine Clusters. 10 % of Varna companies allocate 20% of their turnover for innovation activities.
The ITC & Services devote more than 20% . Compared to 2006, in 2008 60% of investigated companies stated development of new products and services. Construction, the marine industry and the ICT sectors are the most active in purchase of new production technologies, machines and equipment.
Education & science
- there are 5 universities on Varna territory and 5 scientific institutes and branches of Bulgarian Academy of Science in Varna Varna at night:
Views from Varna Sea Port
Buildings of Varna Municipality and the Observatory