Sofia Investment Agency joined the discussion on demographic challenges, the labor market and human capital development
Sofia Investment Agency was among the organizers of the Second Career Forum “Beyond Age: The Power of Talent,” dedicated to opportunities for more effective inclusion and retention of people over the age of 50 in the labor market.
The forum was organized jointly with Young Talents 50+ and the Employment Agency and gathered representatives of institutions, employers, HR professionals, training organizations and experts in demographics and employment.
Participants included representatives of the Ministry of Labor and Social Policy, the Employment Agency, businesses, industry organizations and associations working with people aged 50+. During the discussions, it was emphasized that nearly half of Bulgaria’s population is over the age of 50 and this share continues to grow, making the active inclusion of older individuals in the economy a strategic issue for the country’s development.
Dr. Lyudmil Ivanov from Sofia Investment Agency emphasized the need for more active policies aimed at retaining and developing human capital. “The agency’s participation in the forum demonstrates our commitment to connecting employers, training programs and institutional incentives in order to transform the potential of people aged 50+ into real economic strength,” he stated. The forum addressed topics such as the adaptability of Generation X to new technologies, the need for flexible employment models, the role of mentorship and the importance of internal company training.
Participants also discussed specific measures for encouraging employers, including hiring subsidies, coverage of training costs and incentives for mentorship programs. According to Sofia Investment Agency, sustainable economic growth in the coming years will largely depend on the ability of businesses and institutions to leverage the potential of all age groups and create more flexible employment models.
