Sofia Investment Agency with a New Report - Labor Market in Sofia 2017

Sofia Investment Agency with a New Report - Labor Market in Sofia 2017

Sofia Investment Agency just published the Labor Market in Sofia 2017 Report, prepared by SeeNews for Investment Analysis Department at the Agency. Find out below a summary of the report or download the full PDF version of the document. Sofia labor force in figures 21.7% of the labor force of the country is concentrated in Sofia The highest employment rate in Bulgaria …

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BUSINESS

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Sofia Municipal Privatization & Investment Agency Opens New Office  

Sofia Municipal Privatization & Investment Agency Opens New Office  

Sofia Municipal Privatization & Investment Agency opened its new office on 12 Gurko Str. We hope that this will improve our cooperation with our colleges from Sofia municipality and prosperous business partners doing business in our city.  For 2017, 5 reports were prepared upon request of Sofia Investment Agency, presenting current data on the environment in Sofia – an economic …

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Sofia District Shows Best Indicators in Bulgaria’s Regional Development Report

Sofia District Shows Best Indicators in Bulgaria’s Regional Development Report

The Institute for Market Economics published its sixth annual analysis of the economic and social development of the 28 districts in the country “Regional Profiles: Indicators of Development 2017”. The analysis includes 65 indicators in 12 categories: Income and Living Conditions, Labor Market, Investment, Infrastructure, Taxes and Fees, Administration, Demography, Education, Healthcare, Security and Justice, Environment, Culture. The districts …

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Vitosha Blvd Retains its Position in Cushman & Wakefield’s Annual Ranking of the Most Expensive Shopping Streets across the World

Vitosha Blvd Retains its Position in Cushman & Wakefield’s Ranking of the Most Expensive Shopping Streets across the World

Sofia’s most famous shopping street, Vitosha Blvd, retains a stable position in the Cushman & Wakefield consultancy ranking on the world’s most expensive shopping streets Main Streets across the World 2017. Vitosha Blvd went down only one position, from 50th place last year to 51 in 2017, among a total of 68 countries around the world. This is the …

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63% of Bulgarian Companies Have Positive Expectations for 2018, Shortage of Qualified Specialists is Main Concern

63% of Bulgarian Companies Have Positive Expectations for 2018

Nearly 63% of the surveyed Bulgarian companies expect an improved economic climate in 2018 and almost half of them predict higher sales abroad. The data are from a survey of the Bulgarian Chamber of Commerce and Industry (BCCI) comprising 602 companies from all sectors. The survey was conducted as part of the European Business Economics Survey - EES 2018, …

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Gepard Annual Ranking for Bulgaria’s Most Dynamically Developing SMEs

Gepard Annual Ranking for Bulgaria’s Most Dynamically Developing SMEs

The annual Gepard ranking of Capital newspaper for the most dynamic small and medium enterprises in Bulgaria was released. The companies are ranked by revenue growth in 2016. The most dynamically developing SMEs in the publication total 1 409, based in 28 regions in the country, ranked by region and by sector. All companies in the ranking have nearly 88 …

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One Out of Five IT Specialists in Bulgaria Plans to Change Job Within a Year

One Out of Five IT Specialists in Bulgaria Plans to Change Job Within a Year

One out of five IT specialists in Bulgaria plans to change their job within a year, according to data from the study of technology startup for recruitment of IT staff Code Agents, conducted in September among 500 specialists in the sector. In addition to those 21% planning to change their jobs, another 10% are actively looking for a new opportunity. …

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Software Industry Maintains its Double-digit Growth

Software Industry Maintains its Double-digit Growth

The software industry continues its double-digit growth, according to Barometer 2017 - the annual survey of the Bulgarian Association of Software Companies (BASSCOM) on the development of the sector. The sector is expected to close the year with revenue of BGN 2.3 billion, which is an increase of 12% compared to last year. More than 90% of the surveyed 3 …

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Issue of EU Blue Card for Work in Bulgaria to be Simplified, Validity to be Extended

Issue of EU Blue Card for Work in Bulgaria to be Simplified, Validity to be Extended

The Government adopted changes to the procedure of obtaining an EU Blue Card, helping employers in Bulgaria to attract highly qualified specialists from non-EU countries. Under the new terms, the cards will have a longer period of validity and will be issued under a simplified procedure and lower fees. The main changes include: The initial period of validity of …

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eurochambers-european-economic-survey-2017

Foreign Direct Investment Grows in Q3 2017

Foreign investments in Bulgaria increased by 38.8% year-on-year in the third quarter of 2017 They totaled EUR 293.3 million for the period July -September, according to BNB data. Together with the previous two quarters, the total amount of foreign investments in Bulgaria reached EUR 744.2 million. Most investments in the country came from the Netherlands and the sector with the …

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Brussels Economic Forum Attracted Over 100 Potential Investors Interested in Bulgaria

Brussels Economic Forum Attracted Over 100 Potential Investors Interested in Bulgaria

 Vladimir Danailov, Chief Executive Officer of Sofia Investment Agency, attended the Economic Forum Investment and Business Opportunities in Bulgaria, in which more than 100 managers of Belgian companies took part. The event was held on 15 November in Brussels on the occasion of the forthcoming Bulgarian presidency of the Council of the EU. It took place under the patronage …

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Bulgaria ranks 50th in ITU’s Measuring the Information Society 2017 Report

Bulgaria ranks 50th in ITU’s Measuring the Information Society 2017 Report

Bulgaria ranks 50th among 176 countries in the Measuring the Information Society 2017 Report released in November by the International Telecommunication Union (ITU) – the United Nations’ agency for information and communication technology (ICT). This is the ninth edition of the annual report which presents a quantitative analysis of the information society and highlight new and emerging trends. This …

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ENTREPRENEURS

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7-Bulgarians-New-Europe-100-2017

Seven Bulgarian Teams and Individuals in the New Europe 100 Challengers 2017

Seven Bulgarian teams and individuals have been listed in the New Europe 100 Challengers 2017.  For a fourth year in a row the edition acknowledges the brightest and best citizens of central and eastern Europe’s - those who are changing the region’s societies, politics and business environments and displaying fresh approaches to prevailing problems. The teams and individuals from 14 countries …

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Bulgarian Companies Win Three out of 12 Categories in the International Competition of CESAwards

Bulgarian Companies Win Three out of 12 Categories in the International Competition of CESAwards

Bulgarian companies won three of the 12 categories in the international competition of Central European Startup Awards, competing with 10 other countries in the region. Bulgarian start-up company Bee Smart Technologies, the LAUNCHub Ventures investment fund and the Puzl CowOrKing co-working space won awards in the fourth edition of the European start-up competition for Central and Eastern Europe. For …

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trade-exhibition-bulgarian-producers

Upcoming International Trade Fairs

This and the following issues of our monthly newsletter will provide information on upcoming international trade exhibitions and fairs where you can introduce your business to a professional audience and potential partners and customers. Registration for participation in such forums usually takes place weeks and months before the start the events, so we will publish up-to-date and timely data, along …

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Business Offers and Funding Opportunities

Business Offers and Funding Opportunities

Funding of SMEs for Resource Efficiency Small and medium-sized enterprises will have the opportunity to be granted funds for projects for reducing used raw materials and waste recovery. The funding is under Operational Program “Innovation and Competitiveness”. The budget totals BGN 71 644 656 and the projects shall be drafted and applications shall be submitted by April 23, 2018. The …

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EVENTS

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BALREC 2017: Record Number of Deals for Retail Space, Dynamic and Stable Market for Office Buildings

BALREC 2017: Record Number of Deals for Retail Space, Dynamic and Stable Market for Office Buildings

BalRec conference gathered investors and experts from the real estate sector for the 15th consecutive time to discuss and analyze the investment environment in Sofia and the country and the development and trends of the residential, hotel, retail and office space market. BalRec 2017 was opened by the Mayor of Sofia Yordanka Fandakova and was organized in 4 …

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Don't Miss Out in Sofia

Don't Miss Out in Sofia

Don't miss out in Sofia in December:     Sofia International Book Fair, December 12-17, National Palace of Culture The largest book forum in Bulgaria will take place on 12-17 December at the National Palace of Culture. This is the 45th edition of the festival, expected to involve over 200 exhibitors. The visitors will be able to enjoy a rich …

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Sofia Investment Agency

12 Gen. Gourko St, 1000 Sofia, Bulgaria

contact@investsofia.com 

www.investsofia.com 

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