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.
On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
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