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).
The unemployment rate in Bulgaria stood at 5.41% in July, the National Employment Agency says. 152,844 is the number of unemployed persons registered last month, and 14,542 started work. An increase in the number of job vacancies has been..
The total quarterly income on average per person in a household in the second quarter of 2024 was 1,644.32 EUR and increased by 20.5% compared to the same period in 2023 , NSI data show. At the same time, the average three-month..
Agricultural land in Bulgaria has more than doubled in price, or by 108.7%, for the past 7 years , according to data of the National Statistical Institute. In 2016, the average price per decare of land was 386 EUR and last year it..
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted...
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