Category Archives

Over 6000 people work in the outsourcing field in Plovdiv

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The industry of outsourcing services accounts for 4.8% of Bulgarian GDP The size of the outsourcing sector in Bulgaria amounts to 2.1 billion euro in 2017. This is shown by the data of the Annual report on the industry development of the Bulgarian Outsourcing Association (BOA). The sector is growing significantly higher compared to the ...

The business expects growth in the economy and the incomes in 2019

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There is optimism, but more moderate than a year ago, according to a study of Bulgarian Industrial Capital Association (BICA) Bulgarian Industrial Capital Association (BICA) expects Bulgarian gross domestic product to grow by 3.8% in 2019 and the total cost of employers per work hour for an employee in the country to grow by 8.4%. ...

The smart decisions of smart companies

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How Industry 4.0 helps with data processing or manages to “listen” to the machines “Thank you, Industry 4.0, because we could not keep the pace without the digitization and the automation.” This was said by Milap Patel, Director of “Strategy, transformation and artificial intelligence” at Ericsson, during the third annual forum Industry 4.0, which was ...

The Forum “Industry 4.0” in Plovdiv will reveal the future of production

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On October 17, 2018 Plovdiv will be a host of one of the most important business forums in the country – “Industry 4.0″. This year the theme is production of a new generation, or how connected devices and intelligent technologies optimize the work process. Guests of the event will be the Minister of Economy Emil ...

A new “Latecoere” plant for production of aircraft parts was officially opened

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The newest plant – another located in Trakia Economic Zone, near Radinovo was opened today during an official ceremony at the presence of The Prime Minister Mr. Boyko Borisov, The Mayor of Plovdiv eng. Ivan Totev, The Regional Governor of Plovdiv Mr. Zdravko Dimitrov, The Deputy Prime Minister Mr. Tomislav Donchev, Minister of Economy Mr. ...

Bulgarian economy shows a growth by 3.4% in the second quarter of the year

The main trigger continues to be the domestic consumption, with its growth rate increasing to 5% on an annual basis, reported National Statistical Institute (NSI) In the second quarter of 2018 Bulgarian economy grew by 3.4% compared to the same period last year. The new seasonal data of the National Statistical Institute (NSI) shows that ...

Municipality of Plovdiv with a new website and guidelines for the implementation of cloud platforms in the schools

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The educational project of Plovdiv Municipality for the implementation of cloud platforms in the schools, which currently includes 42 educational institutions, has already its own website https://cloud.plovdiv.bg/ . The website contains information about the practical steps a school is taking to launch the cloud platform implementation process. It has been developed a set of useful ...

Two new start-up funds will be launched in the autumn

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A total of BGN 64.7 mln. Levs will go to starting companies from the EU funds and after a selection of managers from the state After a 9-month procedure, The State Fund of Funds chose managers of the first two funds that will finance startups with public resources. A total of BGN 64.7 million Levs ...

The unemployment in Bulgaria has fallen to a record level

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According to the data of the Eurostat, the unemployment rate is lowest since at least 2000 The unemployment in Bulgaria reached a record low level in June on a monthly basis – 4.8%, according to Eurostat’s latest seasonal data, released on Tuesday. This is the lowest level of unemployment in Bulgaria since January 2000, when ...

Bulgaria ranks 63rd in the world of 213 countries in a shared economy

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Iceland, Turks and Caicos Islands, Montenegro, Malta and New Zealand lead the Shared Economy Index Bulgaria ranked 63rd in the world of a total of 213 countries and territories in a new Index of the Shared Economy, developed and presented for the first time by the Swedish think-tank Timbro. The ranking in Bulgaria was presented ...