Doing Business in Haskovo

The Haskovo Economy

The Institute for Market Economics groups Haskovo with Mineralni Bani and Stambolovo in the Haskovo economic centre. It produced BGN 1.54 billion of output in 2021, BGN 16,700 per person, and its value added grew by 74% in ten years, one of the fastest rates in the country. Haskovo generates 95.6% of it.³

Source: Institute for Market Economics: Haskovo economic centre³

Companies in the centre work mainly for the domestic market, and export revenue was BGN 377 million in 2021. The construction company AB, the tobacco trader Tabaco Trade and the engineering company PIM lead by revenue, and the general hospital is the largest employer, with over 650 staff.³

Machinery, Appliances and Wine

Haskovo’s economy is diversified, and the city continues to specialise in machinery for the food and dairy industries, made by Donido, PIM and Rodina, and in heating and household appliances, made by Erato. Haskovo is also one of Bulgaria’s traditional winemaking centres.⁴

Source: Institute for Market Economics: Haskovo economic centre; Haskovo Regional Administration: Haskovo Municipality^3,4

Investment and Public Spending

Foreign direct investment in the Haskovo economic centre was €94 million at the end of 2021, €92 million of it in Haskovo Municipality, and by 2024 foreign investment in Haskovo Province reached €780 per person. Spending on land, machinery and buildings in Haskovo Municipality was BGN 142 million in 2021.^3,6

Haskovo Municipality’s budget for 2026 totals €103.0 million. Capital spending is planned at €61.06 million, of which €51.78 million comes from EU funds, including a sustainable urban mobility project for Haskovo, Harmanli and Svilengrad.⁵

Workforce and Salaries

• 33,000 people are in work in the Haskovo economic centre, just under 30,000 of them in the city, with 34% in manufacturing and 23% in trade.
• About 1,200 people commute to Haskovo every day from Dimitrovgrad.
• Unemployment in Haskovo Province averaged 6.37% in 2025, and 75.2% of residents aged 20–64 were employed.
• 21.2% of the province’s residents aged 25–64 have a university degree.
• The average gross salary in Haskovo Province was €977 a month in the fourth quarter of 2025.

Source: Institute for Market Economics: Haskovo economic centre; Institute for Market Economics: Regional Profiles, Haskovo Province; Ministry of Labour and Social Policy: Labour market bulletin, fourth quarter of 2025^3,6,2

Transport and Trade Links

Haskovo Municipality covers 740 km², with the city and 36 villages. The main bus and rail links to Bulgaria’s border crossings pass through it, which supports its trade with Greece and Turkey.⁴

Registering a Company in Haskovo

Bulgaria has one national Commercial Register, so a company based in Haskovo can be filed online from anywhere with a qualified electronic signature, or on paper at the Registry Agency’s Haskovo office. After registration, the company deals with the Haskovo office of the National Revenue Agency for tax and VAT, and with Haskovo Municipality for local taxes and fees.^7,8

Source: Registry Agency: Commercial Register contacts; Council of Ministers IISDA: National Revenue Agency offices; Haskovo Municipality: Contacts and opening hours; Bulgarian Chamber of Commerce and Industry: Regional chambers^7,8,9,10

The full steps, documents, fees and timings are in the guide to registering a company in Bulgaria.