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

Bulgarian IT sector adapting to crisis

Photo: BGNES

The transition of work from offices to work from home in Bulgarian companies in the IT sector has gone smoothly and has not affected business processes. In a number of other countries, for example in Asia, this was not the case, Iliya Krastev, chairman of the Association for Innovation, Business Services and Technologies, has told the BNR.

All the markets we compete with have experienced more difficulties than us, Krastev says. Among the negative effects of the crisis that he points out are delayed payments and disturbed liquidity of the companies. Another negative impact is observed in projects, which are in development phase and they either stop or slow down.



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

Rosen Zhelyazkov

No tax hikes, lev-euro exchange rate will not change, PM says

The country's financial situation and preparations for this year's budget were discussed at today's meeting of the Joint Governance Council. Speaking at a briefing after the meeting, Prime Minister Rosen Zhelyazkov said that the government would not..

published on 2/4/25 6:14 PM

Swiss investors interested in development centers in Bulgaria

The Bulgarian government will work to restore the image of the country as a reliable economic partner and a promising location for investments and business. This was what Minister of Economy Petar Dilov said at a meeting with Boni..

published on 2/4/25 4:01 PM

Bulgarian wine sector worried about shortage of workers

There is chronic shortage of personnel in the wine sector, producers from Plovdiv say. Fewer young people want to work as technologists. The industry fears that the profession may disappear in the future. Annually, about 250..

published on 2/4/25 3:33 PM