Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Over 45 percent of functioning companies have no workers

Photo: library

Eighty-five percent of all working companies in Bulgaria have four workers at most, more than half have no workers at all, indicate data from a survey on the viability of enterprises conducted by the National Statistical Institute using 2014 data and quoted by Dnevnik newspaper. 

There were 332,800 active enterprises in Bulgaria in 2014, 150,000 of which (45.2 percent) had no hired workers. 132,000 companies fall into the 1-4 workers group and only 7.6 percent – in the 5-10 workers group. Eight percent of companies have more than 10 workers, but it is this group that provides close to 70 percent of all jobs; the biggest group of active companies – those with no workers hired, provide a mere 6.3 percent of all jobs. The greatest number of new companies are set up in commerce, and the best survivor companies during their first year are in transport and storage. A mere 7.8 percent of the companies set up in 2009 survived until 2014 with the most viable being businesses in power generation (14.6 percent).



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Business climate marks improvement of 0.6 points in May

In May, the economic situation in the country improved for a second month in a row. There was an improvement in retail trade, construction and services, but there was a decline marked in industry.  In construction, industry and services, no price..

published on 5/30/24 1:12 PM
Bulgarian National Bank building

Within the framework of the budget deficit the government takes on new 3-year debt

The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..

published on 5/28/24 9:19 AM

BNB reminds why the real estate market should not be overheated with mortgages

The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..

published on 5/27/24 12:44 PM