Even if you do not want to do it anyway sooner or later you will need - either as a succession, or as a transfer to a person from the company (a relative, a partner, a worker / employee) or outside the company (sale, merger, etc.).

It is important that this to be done without stress for the businesses and employees ... That's why every entrepreneur should answer the questions "How, When?", "What are the obstacles?", "What to change / improve?" and "By whom?".

Business transfer is a crucial phase in the business as well as in the entrepreneur's life cycle. Its importance for jobs and growth can be demonstrated by the estimated 450,000 enterprises providing more than 2 million jobs to be transferred each year (Entrepreneurship Action Plan 2020).

Project "STOB regions - Succession and transfer of business in the regions” under INTERREG Europe" programme, financed by the interregional cooperation programme Interreg EUROPE 2014-2020, is working to improve policies related to the topic.

On March 21 and 22, in the Grand Hotel Plovdiv, a meeting was held under the STOB regions project. During the first day the partners from different project countries (Bulgaria, Germany, Denmark, Poland, Finland, Romania, Spain and Slovenia) discussed the topic concerning the different target groups of potential business buyers.

The meeting began with welcome speech of Mrs. Evelina Apostolova, Deputy Regional Governor of Plovdiv Region. She also made a presentation providing information about Plovdiv Region.

Prof. Dr. Yordanka Alexieva, Deputy Rector of Plovdiv University of Food Technologies, introduced the University and its relationship with business transfer and Dr. Dobrina Prodanova, Chairperson of the Board of Plovdiv Chamber of Commerce and Industry, presented basic legal and psychological problems related to the inheritance and transfer to family businesses.

The implementation of the agenda followed by presentations about the situation in partner countries. The moderator of the meeting was Velizar Petrov, Executive Director of RDA with BSC for SMEs (Regional Development Agency with Business Support Centre for Small and Medium-sized Enterprises) - the Bulgarian partner in the project.

During the second day the participants focused on the situation in Bulgaria. Together with the partners, the peculiarities were discussed, as well as a situational analysis related to the topic of succession and business transfer. It will serve to draw up recommendations for the National Strategy for Promotion of Small and Medium-Sized Enterprises (2014-2020).

For more information:

Velizar Petrov 032 /902 399, 0878 461438

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