Doing Business in Montana
The Montana Economy
The municipality describes Montana’s industry as led by machine building, electrical engineering and food processing, with light industry, construction and processing companies also significant. Foreign investment in Montana companies reached €42.3 million at the end of 2024.5,4
In Montana Province, export revenue made up 28.24% of company sales in 2024, and foreign investment reached €503 per person.7
Batteries and Manufacturing
Monbat began in Montana in 1959 as a state-owned lead-acid battery maker and was privatised in 1998. Around 65% of the group’s 2023 turnover, BGN 248 million, came from its Montana operations in battery manufacturing and recycling, and BGN 225 million of its revenue came from exports from Montana. In May 2024, the company announced a new assembly line for AGM and SLI batteries in Montana, with 35 new jobs.3
| Company | Activity |
|---|---|
| Monbat | Lead-acid batteries |
| Berg Montana Fitingi | Galvanised and cast-iron pipe fittings |
| Kros | Sports and mountain bicycles, made since 1993 |
| May | Women’s clothing |
| Monolit | Limestone and marble cladding and flooring |
| MIR | Metal structures, belt conveyors and rollers |
| Balkan | Metal nets, bicycle racks and wire structures |
| AVA Sport | Parachute harnesses and seats |
Source: Montana Municipality: Business5
Industrial Zones
Montana has a large industrial zone in the north of the city and a smaller one in the south.6
Workforce and Salaries
- Unemployment in Montana Province averaged 11.46% in 2025, and 62.8% of residents aged 20–64 were employed.
- 22.7% of the province’s residents aged 25–64 have a university degree.
- The average gross salary in Montana Province was €979 a month in the fourth quarter of 2025.
Source: Institute for Market Economics: Regional Profiles, Montana Province; Ministry of Labour and Social Policy: Labour market bulletin, fourth quarter of 20257,2
Transport
Motorways and first-class roads made up 8.97% of the road network of Montana Province in 2025, and the province had a road density of 16.88 km per 100 km².7
Registering a Company in Montana
Bulgaria has one national Commercial Register, so a company based in Montana can be filed online from anywhere with a qualified electronic signature, or on paper at the Registry Agency’s Montana office. After registration, the company deals with the Montana office of the National Revenue Agency for tax and VAT, and with Montana Municipality for local taxes and fees.8,9
| Office | Address | Phone |
|---|---|---|
| Registry Agency, Commercial Register | 5A Sv. Kliment Ohridski St., floor 3, room 312, 3400 Montana | 0700 121 07 |
| National Revenue Agency, Montana office | 11 Lyuben Karavelov St., 3400 Montana | (096) 390 105 |
| Montana Municipality | 1 Izvora St., 3400 Montana | (096) 300 400 |
| Montana Chamber of Commerce and Industry | 16 Hadzhi Dimitar Blvd., floor 1, 3400 Montana |
Source: Registry Agency: Commercial Register contacts; Council of Ministers IISDA: National Revenue Agency offices; Montana Municipality; Bulgarian Chamber of Commerce and Industry: Regional chambers8,9,10,11
The full steps, documents, fees and timings are in the guide to registering a company in Bulgaria.
Step by step
How to register a company in Montana
Register an EOOD or OOD based in Montana: choose the details, arrange a Montana address, prepare and notarise the documents, pay in the capital, file with the Commercial Register and register with the Montana tax office.
-
Choose the company details
Choose an EOOD or OOD, select the business activity by NACE code and set the capital. The legal minimum capital is €1.
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Arrange a Montana address
Provide a registered address in Montana, supported by a lease, title deed or serviced-office contract.
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Prepare and notarise the documents
Prepare passport copies, the founding act or articles of association, proof of the address and a declaration of beneficial owners. The manager’s consent and specimen signature must be notarised.
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Pay in the capital
Pay the capital into a capital account and obtain the bank’s certificate that it has been paid in.
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File with the Commercial Register
File online with a qualified electronic signature, or on paper at the Registry Agency office at 5A Sv. Kliment Ohridski St., floor 3, room 312, Montana.
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Register with the Montana tax office
Register employees, and VAT when required, with the National Revenue Agency office at 11 Lyuben Karavelov St., Montana.
Frequently Asked Questions
Is Montana a good place to set up a business in Bulgaria?
Montana has 34,614 residents and an industry led by machine building, electrical engineering and food processing. Foreign investment in Montana companies reached €42.3 million at the end of 2024.
How do I register a company in Montana?
A Montana company is registered in the national Commercial Register, online with a qualified electronic signature or on paper at the Registry Agency office at 5A Sv. Kliment Ohridski St., floor 3, room 312. The online state fee is €28.12, and the company number usually follows in 3–7 working days. Tax and VAT matters are then handled by the National Revenue Agency office at 11 Lyuben Karavelov St..
Which large companies are in Montana?
The battery maker Monbat began in Montana in 1959. The municipality also lists the pipe-fitting maker Berg Montana Fitingi, the bicycle maker Kros, the clothing maker May and the stone producer Monolit.
What is the average salary in Montana?
The average gross monthly salary in Montana Province was €979 in the fourth quarter of 2025.
Where are the industrial zones in Montana?
Montana has a large industrial zone in the north of the city and a smaller one in the south.
Sources
- City Population, from the NSI register of populated places: cities of Bulgaria
- Ministry of Labour and Social Policy: Labour market bulletin, fourth quarter of 2025
- Batteries International: Monbat plans new assembly line
- 24 Plovdiv: Foreign investment and municipal projects in Montana
- Montana Municipality: Business
- Bulgaria Wants You: Montana
- Institute for Market Economics: Regional Profiles, Montana Province
- Registry Agency: Commercial Register contacts
- Council of Ministers IISDA: National Revenue Agency offices
- Montana Municipality
- Bulgarian Chamber of Commerce and Industry: Regional chambers
Figures checked 15 October 2026. Prepared by InvestBulgaria for general information. Figures come from the sources listed; check addresses and opening hours with each office before you visit.
