Doing Business in Silistra
The Silistra Economy
Agriculture makes up a relatively large share of the economy of Silistra Province, and the province had 54 non-financial enterprises per 1,000 residents in 2022, against 70 nationally. By 30 June 2024, payments from EU operational programmes reached BGN 2,904 per resident.4
In Silistra Province, export revenue made up 13.23% of company sales in 2024, and foreign investment reached €456 per person.5
Siloma and Local Industry
Siloma makes metal-cutting saws, including hacksaws, band saws and abrasive saws, with a cutting range of 240 to 3,100 mm. It kept working through the transition without changing its profile, and it trains its own workers.3
Salaries in machine building and logistics in the region reach BGN 1,800–2,000 a month, according to an August 2026 report.3
Industrial Parks
The private Danube Industrial Park, on the banks of the Danube, covers more than 400,000 m², with warehouses, logistics platforms, road and rail connections and access to river transport. It seeks investors in logistics, food processing, metal structures and warehousing, and Romanian and Turkish companies have shown interest.3
The municipality is developing a second project, a municipal industrial zone of close to 378 decares on the road to Siloma, on land obtained through an exchange with the Dobrudzha vocational school. Plans include an administrative centre, a health station, a kindergarten, a sports complex and a canteen for workers. In August 2026, no investor contracts had been announced, while talks were held with Bulgarian and foreign companies in machine building and electronic components.3
| Park | Type | Area |
|---|---|---|
| Danube Industrial Park | Private | More than 400,000 m² |
| Municipal industrial zone, road to Siloma | Municipal | Close to 378 decares |
Source: Standart: A legendary factory and new investment in Silistra on the Danube3
Workforce, University and Salaries
- Silistra has one branch of a university, of the University of Ruse.
- Unemployment in Silistra Province averaged 10.58% in 2025, and 61.6% of residents aged 20–64 were employed.
- 24.6% of the province’s residents aged 25–64 have a university degree.
- The average gross salary in Silistra Province was €995 a month in the fourth quarter of 2025.
Source: Economic.bg: Silistra Province, rising salaries but weak demographics; Institute for Market Economics: Regional Profiles, Silistra Province; Ministry of Labour and Social Policy: Labour market bulletin, fourth quarter of 20254,5,2
Transport
The Danube Industrial Park aims to make Silistra a logistics hub between Bulgaria, Romania and Ukraine, using the Danube as a corridor for goods. Motorways and first-class roads made up 11.1% of the road network of Silistra Province in 2025.3,5
Registering a Company in Silistra
Bulgaria has one national Commercial Register, so a company based in Silistra can be filed online from anywhere with a qualified electronic signature, or on paper at the Registry Agency’s Silistra office. After registration, the company deals with the Silistra office of the National Revenue Agency for tax and VAT, and with Silistra Municipality for local taxes and fees.6,7
| Office | Address | Phone |
|---|---|---|
| Registry Agency, Commercial Register | 2 Hristo Smirnenski St., floor 2, 7500 Silistra | 0700 121 07 |
| National Revenue Agency, Silistra office | 8 General Skobelev St., 7500 Silistra | (086) 815 301 |
| Silistra Municipality | 33 Simeon Veliki St., 7500 Silistra | (086) 816 333 |
| Silistra Chamber of Commerce and Industry | 5 Patriarh Damyan St., 7500 Silistra | (086) 82 04 98 |
Source: Registry Agency: Commercial Register contacts; Council of Ministers IISDA: National Revenue Agency offices; Silistra Municipality: Contacts; Bulgarian Chamber of Commerce and Industry: Regional chambers6,7,8,9
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 Silistra
Register an EOOD or OOD based in Silistra: choose the details, arrange a Silistra address, prepare and notarise the documents, pay in the capital, file with the Commercial Register and register with the Silistra tax office.
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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 Silistra address
Provide a registered address in Silistra, 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 2 Hristo Smirnenski St., floor 2, Silistra.
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Register with the Silistra tax office
Register employees, and VAT when required, with the National Revenue Agency office at 8 General Skobelev St., Silistra.
Frequently Asked Questions
Is Silistra a good place to set up a business in Bulgaria?
Silistra has 26,470 residents and lies on the Danube at the border with Romania. It has a private Danube Industrial Park of more than 400,000 m² and is developing a municipal industrial zone of close to 378 decares.
How do I register a company in Silistra?
A Silistra company is registered in the national Commercial Register, online with a qualified electronic signature or on paper at the Registry Agency office at 2 Hristo Smirnenski St., floor 2. 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 8 General Skobelev St..
Which industrial parks are in Silistra?
The private Danube Industrial Park covers more than 400,000 m² on the riverbank, with warehouses, logistics platforms and river access. A municipal industrial zone of close to 378 decares is being developed on the road to Siloma.
What is the average salary in Silistra?
The average gross monthly salary in Silistra Province was €995 in the fourth quarter of 2025.
Is there a university in Silistra?
Yes. Silistra has one branch of a university, of the University of Ruse.
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
- Standart: A legendary factory and new investment in Silistra on the Danube
- Economic.bg: Silistra Province, rising salaries but weak demographics
- Institute for Market Economics: Regional Profiles, Silistra Province
- Registry Agency: Commercial Register contacts
- Council of Ministers IISDA: National Revenue Agency offices
- Silistra Municipality: Contacts
- 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.
