Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the highest employment rate.
In recent years, high added value productions have marked a three-fold increase as compared to 2015. Growth is reported in the sectors with a higher level of mechanization and automation which are well integrated into European and international added value chains.
High-tech productions attract the highest number of employees – an average annual growth rate of 8%. The differences in pay are also significant – three times higher average expenditure in computer technology compared to clothing and furniture manufacturing.
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank President Christine Lagarde said in an interview with public service..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil,..
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