The turnover in the ICT sector in Bulgaria exceeds 10 billion BGN levs in 2016

The turnover in the ICT industry in Bulgaria totals more than 10 billion BGN levs in 2016, shows the preliminary data The turnover in the information and communication technology (ICT) industry in Bulgaria exceeds 10 billion levs in 2016, according to the preliminary data from CBN Pannoff, Stoytcheff & Co. This was announced by Ludmil […]

Bulgaria’s export to third countries increases by 26 %

Main trading partners of Bulgaria are Turkey, China, The Russian Federation For the period between January and May 2017, Bulgaria’s export to third countries increased by 26.0% compared to the first five months of 2016. According to data from the National Statistical Institute, we have sold goods worth 7 244.4 million BGN levs. In May […]

Thousands of people in Plovdiv are already working in high-tech companies

Since the beginning of 2017, projects totaling more than 3 million BGN levs have been launched in the field of information and communication technologies (ICT) and the outsourcing sector, thanks to which more than 400 new jobs are created. This was announced by the Ministry of Economy after a meeting of the Deputy Minister of […]

The companies’ incomes and profits are rising

The data of the National Revenue Agency shows a slower business growth in 2016 and “The capital’s” chart of the 300 largest companies shows that the reason is in the low international prices of fuels and metals. The economic exhilaration in the last year has a positive impact on the companies in Bulgaria in 2016. […]

Over 2 billion euros have been invested in Trakia Economic Zone

Kaufland will expand its logistics center near Rakovski “The successful business model of Trakia Economic Zone (TEZ) has helped to the establishment of leading international companies in Bulgaria and to the expansion of existing productions, which in turn is an indicator of the good conditions for investments in Bulgaria.” This was stated by the Minister […]

The deputy mayor of Plovdiv: Every month a factory is opened or expanded

The unemployment is below 3% in the city and below 6% in the region Every month a factory is opened or expanded, and this speaks of a strong dynamics of the economy. The unemployment is below 3% in the city and below 6% for the region, which confronts us with different challenges. The deputy mayor […]

The IT sector attracts the largest number of employees in Bulgaria from third countries

Mainly from Russia and Ukraine are the highly qualified specialists with “Blue Card” in Bulgaria from non-EU countries The IT sector attracts the largest number of employees from third countries in Bulgaria, mainly from Russia and Ukraine are the highly qualified specialists with “Blue Card” in the country from outside the European Union. This was […]

They facilitate the hiring of foreign workers in our country

It is also easier to receive a Blue Card for highly qualified foreign specialists  The procedure for registering seasonal workers from countries outside the EU for a period of up to 90 days will be alleviated. This is provisioned by amendments in the Regulations on the Implementation of the Labor Migration and Labor Mobility Act, […]

Germany is at fifth place on investments in Bulgaria for the last 10 years

Many German companies have exported part of their production in Bulgaria For 2016, our exports to Germany amounted to € 3.214 billion, which is an increase of over 11%. This was announced during a meeting between the Deputy Minister of Economy Alexander Manolev and the Chief manager of the German-Bulgarian Chamber of Industry and Commerce […]

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