Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria will need half million workers in next five years: BICA Chairman Vasil Velev

Photo: BGNES

If Bulgaria’s economy continues to develop with the current rates the Bulgarian business will need an extra half a million employees and experts in the next five years. The shortage of manpower in Bulgaria is due to the demographic trends, migration and the growth of the economy, the Chairman of the Bulgarian Industrial Capital Association Vasil Velev told the Bulgarian National Radio. Bulgaria faces a serious shortage of engineers, nurses, teachers, drivers and people employed in the tourism and agriculture fields, Vasil Velev pointed out. In his words, the Bulgarian business has already started to feel the lack of manpower which hampers the country’s economic growth. The growth of the Bulgarian economy is moderate, but this country places 12th in the EU in terms of GDP growth in the first half of 2018 and the economies of almost all countries from Central and Eastern Europe have registered higher growth than Bulgaria, Vasil Velev went on to say.




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

PM Rosen Zhelyazkov (L) and GERB leader Boyko Borissov.

GERB and DPS-New Beginning rule out early elections

‘This is not the time for early elections,’ said Prime Minister Rosen Zhelyazkov at a GERB party conference. According to BTA, he was opposed to holding elections during the country’s planned adoption of the euro in 2026. GERB chairman Boyko..

published on 10/17/25 1:12 PM
Blagomir Kotsev

Appellate Court-Sofia leaves Varna Mayor Blagomir Kotsev in custody

The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group.  The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..

published on 10/17/25 11:03 AM

Justice Minister Georgiev discusses with the EC legislative changes related to the new payment under the RRP

Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan (RRP) reforms in Bulgaria, reported the Ministry of Justice. EC: RRP payment depends on..

published on 10/17/25 9:51 AM