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2 regions side-by-side

EL631 · BG323

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NUTS-3 EL631 · Greece
Population
183,7202025
GDP
€2,749M2023
Unemployment· NUTS-2 source
9.7%2025
Employment· NUTS-2 source
66.6%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
5,423 km²
NUTS-3 BG323 · Bulgaria
Population
186,0932025
GDP
€2,169M2024
Unemployment· NUTS-2 source
4%2025
Employment· NUTS-2 source
75%2025
Active firms· FR-only
Cadastral parcels· FR-only
Area
2,856.3 km²

Decision brief

Download brief (PDF)mandate-neutral · ranked by overall opportunity

Best overall fit: Русе (Opportunity 27). Runner-up: Αιτωλοακαρνανία (22).

Strengths
Cost advantage (99) · Freight intensity (83)
Red flags
Economic base (EU bottom 15%)
Digital readiness (EU bottom 15%)
Governance (EU bottom 15%)
Strengths
Cost advantage (88) · Energy cost (58)
Red flags
Economic base (EU bottom 15%)
Labour market (EU bottom 15%)
Talent & skills (EU bottom 15%)
Connectivity (EU bottom 15%)
Governance (EU bottom 15%)
Why you might not pick Русе
Economic base (EU bottom 15%); Digital readiness (EU bottom 15%); Governance (EU bottom 15%). Its weakest dimension is Governance (EU pctl 0) — Αιτωλοακαρνανία may suit a mandate that weights that higher.
How robust is this recommendation?
Русе leads under all four archetype mandates — the recommendation is weight-stable.
Phase-2 diligence checklist
  • Site-level grid connection capacity and power pricing (beyond country-grain energy data)
  • Local incentives, tax regimes and permitting timelines
  • Workforce depth for your specific roles (the talent pillar is a proxy)
  • Real-estate availability, rents and land — public pan-EU data stops at the Nordics

This is a mandate-neutral read. To weight the pillars to your thesis, run these regions through the Site Screener — it ranks all 1,211 regions under your weights and exports the full PDF. First-pass macro screening, not investment advice.

Composite intelligence · 0–100 EU-percentile scores

Opportunity Indexscale + growth + access + structure
21.6
26.8
Resilience Indexdiversification, stability, buffers
31.3
24.0
Quality of Lifeprosperity, health, safety, environment
27.5
18.6
Connectivitytransit + air + market access
4.0
17.7
Talent & Human Capitalskills, learning, knowledge workers
5.8
22.0
Growth Momentumrecent GDP / employment trajectory
42.8
56.6

Trajectories · 2012–latest

Real GDP (2020 prices)
3.0% 5y
5.1% 5y
Population
1.4% 5y
1.2% 5y
Unemployment rate
15.0% 5y
6.0% 5y

Derived comparisons

GDP per capita
€14,966
€11,658
Population density
34 /km²
65 /km²
Parcels per 1k pop
FR-only
FR-only
Firms per 1k pop
FR-only
FR-only

All indicators · 88 metrics (Eurostat, all-EU)

Economy
Gross value added, total (current prices)
€2,399M
€1,893M
GVA — agriculture, forestry & fishing (A)
€248M
€91M
GVA — industry (B–E)
€435M
€397M
GVA — manufacturing (C)
€246M
€355M
GVA — construction (F)
€68M
€74M
GVA — wholesale/retail, transport, ICT (G–J)
€623M
€593M
Net disposable household income per capita (NUTS-2 source) ·N2
€11,200
€6,500
GDP per capita in PPS (purchasing-power adjusted)
17,400 PPS
18,800 PPS
GDP per capita (current prices, EUR)
€14,100
€11,600
Gross fixed capital formation — investment (total economy) ·N2
€1,755M
€1,276M
Investment in manufacturing capex (GFCF, NACE C) ·N2
€79M
€285M
Compensation of employees (total wage bill) ·N2
€3,384M
€3,129M
GVA — real estate activities (L)
€348M
€176M
GVA — information & communication (J)
€24M
€34M
GVA — finance, real estate & professional (K–N)
€463M
€308M
GVA — public admin, health & education (O–U)
€562M
€430M
Real GDP (constant 2020 prices, incl. short-term forecast)
€2,490M
€1,820M
Labour productivity per person employed (EUR)
€34,900
€27,451
Gross fixed capital formation, NUTS-3 (ARDECO)
€584M
€506M
Labour market
Employment, total persons
85,580
97,090
Self-employed persons
40,780
21,230
Employment in manufacturing (C)
5,410
24,930
Activity rate, 15–64 (NUTS-2 source) ·N2
66.4%
72.1%
Youth unemployment rate (15–24) ·N2
27.1%
20.3%
Unemployment rate 15-74, NUTS-3 native (ARDECO)
9.6%
4.1%
Labour force aged 15+ (ARDECO)
76,700
83,800
Business demography
Active enterprises (business economy, all sizes)
14,011
11,023
Enterprise births
987
1,124
Enterprise deaths
614
1,582
3-year enterprise survival rate
4.3%
5.3%
Innovation & R&D
R&D expenditure as % of GDP ·N2
1.6%
0.3%
Employment in high-tech sectors (% of total) ·N2
1.4%
2.7%
R&D personnel (% of active population, FTE) ·N2
1.4%
0.5%
Education
Tertiary education attainment, age 25–64 ·N2
21.7%
31.2%
Tertiary attainment, age 25–34 (young talent pool) ·N2
26.7%
41.6%
Adult participation in learning, age 25–64 (last 4 weeks) ·N2
4.2%
4.9%
Knowledge workers — tertiary-educated & in science/tech (% of labour force) ·N2
14.9%
20.4%
Scientists & engineers (% of labour force) ·N2
5.2%
4.2%
Digital
Households with internet access ·N2
91.0%
Tourism
Nights spent at tourist accommodation (total)
451,824
173,093
Mobility
Passenger cars per 1,000 inhabitants ·N2
318 /1k
492 /1k
Road freight loaded (annual, thousand tonnes)
5,607 kt
8,835 kt
Distinct public-transport stop locations within the region (GTFS feeds, deduplicated across overlapping feeds by coordinate). A measure of transit-network extent.
6
Motorway density (km per 1,000 km²) ·N2
20 km/1000km²
0 km/1000km²
Public-transport stops per 100,000 inhabitants — transit service density relative to population (GTFS feeds, coordinate-deduplicated).
3
Distance from the region centroid to the nearest major (large) airport, in km - air-connectivity accessibility. Lower is better.
149
89
Number of major (large) airports within 100 km of the region centroid - air-hub catchment richness.
0
2
Demography
Population aged 15–64 (working age)
109,780
112,597
Population aged 65+
49,808
50,567
Population aged under 15
24,132
22,929
Median age of population
50.0 yrs
50.2 yrs
Old-age dependency ratio (65+ / 15–64)
45.4%
44.9%
Crude rate of total population change
-13.6 /1k
-9.3 /1k
Crude rate of net migration plus adjustment
-6.2 /1k
2.4 /1k
Crude birth rate
6.7 /1k
6.8 /1k
Crude death rate
14.1 /1k
18.5 /1k
Live births
1,232
1,277
Deaths
2,603
3,455
Total age-dependency ratio (young+old / 15-64)
67.4%
65.3%
Total fertility rate (births per woman)
1.43
1.60
Population density (persons per km²)
36 /km²
67 /km²
Projected population, 2030–2040 (EUROPOP2019 baseline)
118,105
125,675
Social
At risk of poverty or social exclusion (AROPE) ·N2
27.9%
33.8%
Life expectancy at birth ·N2
81.8 yrs
74.9 yrs
At-risk-of-poverty rate (regional) ·N2
23.0%
23.5%
Health
Hospital beds per 100k inhabitants ·N2
316 /100k
798 /100k
Mortality, all causes (age-standardised rate) ·N2
1,085 /100k
2,261 /100k
Cancer mortality (age-standardised rate) ·N2
234 /100k
223 /100k
Safety & crime
Intentional homicides per 100k inhabitants
2.1 /100k
1.6 /100k
Robberies per 100k inhabitants
5.4 /100k
13.3 /100k
Burglaries per 100k inhabitants
84.3 /100k
61.2 /100k
Thefts per 100k inhabitants
303 /100k
365 /100k
Road traffic deaths per million inhabitants ·N2
93 /M
76 /M
Governance & institutions
Government effectiveness, WGI score -2.5..2.5 (country)
0.56
-0.07
Regulatory quality, WGI score -2.5..2.5 (country)
0.42
0.25
Rule of law, WGI score -2.5..2.5 (country)
0.49
-0.10
Control of corruption, WGI score -2.5..2.5 (country)
0.32
-0.14
Political stability & absence of violence, WGI score (country)
0.24
0.33
Energy
Industrial electricity price, 2-20 GWh band, excl. taxes (national)
€0.143/kWh
€0.135/kWh
Industrial gas price, 10-100k GJ band, excl. taxes (national)
€0.039/kWh
€0.041/kWh
Climate
Elevation at region centroid (Copernicus DEM)
407 m
151 m
Hot days ≥30°C (avg per year)
60 days/yr
35 days/yr
Frost days ≤0°C (avg per year)
17 days/yr
57 days/yr
Heavy-precipitation days ≥20mm (avg per year)
20 days/yr
5 days/yr