Regional Economic Development and Investment Agency - Kardjali, Bulgaria

About the Agency:

Regional Economic Development and Investment Agency - Kardjali (REDIA), is a Bulgarian non-profit, non-governmental organization (NGO)dedicated to the promotion and creation of new private enterprises; and to the assistance and support of owners of small and medium sized businesses in their quest for financial stability, growth, and entry into the world market. REDIA focuses on supporting freedom in business and democracy as decisive conditions for the successful development of the Bulgarian economy.

The future growth of Bulgaria requires transparent processes in business, government and society. REDIA promotes these ideas and foresters mutual understanding between Bulgaria and Rhodope Mountain region, and other countries and regions.

To be effective, a community must have the ability to mobilize and use the resources of its members along with outside resources, to foster individual growth and community development. 


Serving as a liaison that strengthens communications between the Municipality and the business community, we will provide vision and strategic planning on economic development issues that will best serve the region as a whole.  

Our services:

  1. Promoting small and medium sized manufacturing, retail, service and agribusinesses in the region;

  2. Establishing links for national and international business ventures

  3. foreign investment/partnership alliances

  4. avenues for product sales

  5. market research for potential investors

  6. Comprehensive assistance available in developing and successfully maintaining a new business or making an existing business operate more efficiently

  7. Supporting business organizations in the region and creating Trade unions;

  8. Opening Business - information Centers in all municipalities of the region;

  9. Providing office support systems for business use

  10. Comprehensive technical, legal and marketing research support services by referral

  11. Coordinating local and regional development projects

  12. Developing communication methods that result in a well informed business community

  13. Working with others to support and develop tourism in the region

  14. Linking businesses with economic and technical assistance programs  

Contact Information:

Regional Economic Development and Investment Agency (REDIA)

23 "Trakia" Blvd., Block "Nov jivot", Entrance B, Floor 1,

6600 Kardjali, BULGARIA

Tel.: +359 361 / 383 85; +359 799 62 427

Fax: +359 361 / 227 21

Mrs Anita TAGAROVA, Executive Director

E-mail: redia_kardjali@hotmail.com

Members of the Agency:

  • The Municipality of Kardjali
  • The Municipalities of the East Rhodope Mountain Region
  • Chamber of Commerce and Industry - Kardjali
  • Balkan Forum Civil Association
  • Many Private Firms
  • Prominent persons from all spheres of life
  • Level of Organizational Activity:

    Board of Directors:

    Mr. Ilko Vakarelov - Chairman of the board; Executive Director of the Balkan Forum Civil Association, Chairman of the Ethno-cultural Interaction Network - Bulgaria.

    Mrs. Margarita Karamihova, Ph.D. - Assoc. Prof. in Sofia University "St Kliment Ohridski"; Program officer in Open Society Foundation - Sofia

    Mr. Svetoslav Naumov - Program Co-ordinator in Democracy Network Program, USAID

    Mr. Roumen Genov - President of "Stimel" Ltd.; Member of the Management Board of the "Bulgarian - Turkish Business Association"

    Mrs. Anita Tagarova - Executive Director

    E-mail us: redia_kardjali@hotmail.com