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.
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
The demand for employees increased by 5% in August, or by over 1,700 more offers compared to July, one of the largest HR companies in Bulgaria reported to BTA. But on an annual basis there is a decline of 7% , or by 3,100 offers. The "Trade..
The demand for employees increased by 5% in August, or by over 1,700 more offers compared to July, one of the largest HR companies in Bulgaria reported..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports...
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