HILL Country Report: Bulgaria
Bulgaria covers some 111,000 km² of the south-eastern Balkan Peninsula and offers a diverse topography with mountains, beaches, and plains.
The proud country’s motto is »unity creates strength«, reputed to be the last words of Khan Kubrat,
the legendary founder of Old Great Bulgaria in 632.
Bulgaria's economy is in good shape; 2006 marked the ninth successive year of growth since the 1996/97 financial crash. Consumption and GDP are growing, investment, both foreign and overseas, is breaking records, unemployment levels, though still high in relative terms, are falling and imports and exports are continuing to increase at a robust rate. Read more >>
EU-Member-State Bulgaria joined the Community Internal Market that already counts nearly 500 million people and has a GDP of around EUR 10.8 trillion. In this enlarged area Bulgaria makes its own development contribution, which should be considered with the comparative advantages of the country in mind: its specific geographical position, the quality of its labor force, and cultural specificity. Read more >>
Education, Personnel and Labor Market
In Bulgaria there are 3.5 million economically active working people, counting 53.5% of the population. 56.8% of the employed population is working in the service sector. The unemployment rate has been constantly decreasing during the last years and was recorded at 6.6% for the first three months of 2007. Only 8.4% of the unemployed population are people with higher education.
Read more >>
Competent On-site Personnel Consulting
HILL International Bulgaria entered the Bulgarian market in 1989, and was the first international personnel consultant in the country. During more than 15 years we have gained considerable experience, and have been successfully cooperating with both national and international companies. Read more >>
The HILL Country Report informs you on country, culture, business opportunties and labor market of an interesting market every two months. Order a free subscription here and you are going to receive the next issue on Russia in February 2008 by e-mail.
