Transport and Automotive
The transportation sector is regulated and very competitive; it is also affected by complicated economic environment and international competition and constantly challenged to optimize costs. The transport and automotive industry is influenced by many frequent legal and regulatory changes that affect the companies’ results.
For the firms from the transport and automotive industry, NOVACON offers accounting and tax services and outsourced labour and payroll solutions, which will improve their financial and accounting process, help them reduce administrative burden and focus on seeking new sources of revenue.
NOVACON has worked with Orchid Sports Cars (exclusive dealer of Porsche in Bulgaria) since the very start of the company activities in Bulgaria. NOVACON also works for an international airline (Wizz Air) and other companies from the industry.
The international activities of the companies from this sector require flexibility of administrative processes, which NOVACON is well positioned to offer. At the same time, many small and larger international companies discover Bulgaria as a suitable destination for the production of components for the automotive industry. NOVACON offers to these companies accounting, tax, and labour and payroll services, which will help them conduct their administrative processes in Bulgaria.