Plovdiv has one of the country's largest economies and contributes 7.5% of Bulgaria's GDP . In 2014, more than 35 thousand companies operate in the region which create jobs for 285,000 people. The advantages of Plovdiv include the central geographic location, good infrastructure, and large population. Plovdiv has international airport, terminal for intermodal transport, several connections with Trakia motorway (connecting Sofia and Burgas), proximity to Maritsa motorway (the main corridor to Turkey), and well-developed road and rail infrastructure which all led to the development of the city as the leading city in terms of industrial output in Bulgaria. The economy of
Plovdiv institution outside the United States, the American College of Sofia, was founded in Plovdiv in 1860 and later moved to Sofia. On 5 September 2014, Plovdiv was selected as the Bulgarian host of the European Capital of Culture 2019. This happened with the help of the Municipal Foundation "Plovdiv 2019″, a non-government organization, which was established in 2011 by Plovdiv's City Council whose main objectives were to develop and to prepare Plovdiv's bid book for European Capital of Culture in 2019. Plovdiv was given various names throughout its long history. The Odrysian capital "Odryssa" () is suggested to have been