Rakovski is situated in the Plovdiv Province in the southern part of Bulgaria. The town has a rich history, with roots dating back to ancient times when it was known as Augusta Trayana during the Roman Empire. It has seen various rulers and cultural influences over the centuries. Rakovski’s economy is primarily based on agriculture, with a focus on crop cultivation, including wheat, barley, and sunflowers. It also has some light industry and commerce. It is a member of B40 Balkan Cities Network.