Region
Eastern Europe & Central Asia
Income group
Upper middle income
Most populous city
Sofia

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Disclaimer: Note that the following information is not part of the score that the country receives on the Investing Across Sectors indicators. This information is provided as complementary to the data on the foreign ownership restrictions, and is based on the survey respondents’ comments and assessments. The World Bank Group does not guarantee accuracy of this information.

Sector group:
Transport
Sector:
Port operation: A foreign company seeking to own and operate container terminals at your country’s main commercial port(s). Note: Excluded from the definition are maritime auxiliary services, e.g., cargo handling services, storage and warehousing, customs clearance services, freight forwarding services, etc.
Market structure:
 
Survey respondents' answer to the following question, "Define the market structure in your economy for this sector."
Oligopoly, i.e. a few large firms
Regulatory license:
 
Survey respondents' answer to the following question, "If a foreign company wanted to obtain a sector-specific regulatory license (or a concession contract) to open and operate a new business in that sector, how likely would the government be to issue such a license, provided that the foreign company meets all legal and regulatory requirements?"
Likely
Name of regulatory authority
(1) Executive Agency "Port Operation" with the Ministry of Transport, (2) Council of Ministers
Additional comments:
Maritime Space, Inland Waterways and Ports of the Republic of Bulgaria Act.
http://www.port.bg/en/zakoni.html

Operation of container terminals is subject to concession when at a port of national importance. In these cases the candidate
There are foreign firms currently operating in this sector
Min: 4 weeks
Max: 30 weeks

The number of port operators per port are determined according to the objective capacity of each airport. This is estimated by a special commission appointed by the Minister of Transport.