The new memorandum places human capital at the center of economic growth
Sofia Investment Agency signed a memorandum of cooperation with Budgett Ltd. – a company experienced in recruitment and workforce hiring, including specialists from third countries.
The partnership is aimed at supporting businesses by facilitating access to qualified labor and creating a more favorable environment for investment development in Sofia.
In the context of increasing competition for talent and labor shortages across multiple economic sectors, the two organizations will work toward establishing mechanisms for more effective connections between employers, professionals and institutions.
Budgett Ltd. provides comprehensive solutions for recruitment and workforce administration, including international staff recruitment and support in hiring procedures.
“A qualified workforce is one of the most important factors for attracting new investment. Companies choose cities where they can rely on highly skilled professionals, a predictable environment and opportunities for growth,” stated Dr. Maria Hristova, Chief Executive Officer of Sofia Investment Agency.
She emphasized that Sofia is already establishing itself as a center for innovation, technology and startups, but the sustainable development of the economy requires long-term policies focused on human capital development.
“Investments in education, qualification and talent attraction are investments in the future of the city. Through partnerships like this, we are creating conditions for businesses to become more competitive and sustainable,” Dr. Hristova added.
According to Sofia Investment Agency, initiatives of this kind are essential for the development of high value-added sectors and for attracting international companies seeking access to qualified specialists and a stable business environment.
