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).
According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025 . The anticipated downtrend in external prices is expected to limit inflation in both energy and..
In March 2024, 1,518 people in Bulgaria had deposits of more than BGN 1 million, while in March 2023, 1,277 Bulgarians had such deposits, according to the latest BNB data. Deposits between BGN 200 thousand and BGN 500 thousand grew the most..
In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the Bulgarian National Bank said in its regular economic review. The GDP growth is mainly due to the..
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