No Need to Re-Sign Contracts: What Bulgaria’s Euro Switch Means for Your Salary
The upcoming introduction of the euro in Bulgaria does not require employees to re-sign their employment contracts
Society | July 1, 2025, Tuesday // 15:00
Govt Accounts for Quarter of Bulgaria's IT Contracts
- Tweet
Send to Kindle
Bulgaria's state administration concluded 271 IT contracts in 2009, thereby accounting for 20-25% of all IT business. Photo by ehow.com
The Bulgarian state administration signed over 270 contracts for hardware, software and information technology (IT) services during 2009.
The deals accounted for between 20% and 25% of the IT business in Bulgaria, according to analysts CBN Bulgaria, as cited by Pari.bg.
According to the analysts' data, government spending on services exceeded hardware purchases for the first time. CBN did not reveal how much the state spent on these contracts in 2009.
However, the survey showed that one Bulgarian IT company received a total of EUR 5,5 M in 2009, under the provisions of the Public Procurement Act (PPA).
The top 10 technology companies by volume of tenders won, received between them 55% of all government contract funding.
The top 10 companies in terms of the number of successful bids, carried out 32% of all state contracts, with 17 contracts being the largest number won by any single company in 2009.
Related Articles:
Construction, Security, and More: Why Over 340,000 Bulgarian Pensioners Keep Working
In Bulgaria, more than 340,000 pensioners are employed under labor contracts
Society | May 13, 2025, Tuesday // 15:48
58 Bulgarian Hotels Have Contracts with Thomas Cook
In connection with the announcement of the bankruptcy of the Thomas Cook tour operator subsidiaries, the Ministry of Tourism has created an expert group for emergency work and a 24-hour hotline.
Rumen Radev Confirmed Bulgaria's Interest in Closer Cooperation with Iran
''Deepening of the partnership with Iran in the economic and energy spheres is of interest to Bulgaria, Southeast Europe and the European Union, and as President of the EU Council, Bulgaria will work to promote political dialogue to achieve concrete resul
Bulgaria's State Administration Looking for 1,200 Students for Internship Programmes
The programme for summer student internships in the state administration will begin next week, announced the Council of Minister.
Bulgaria's Defence Minister Indicted for MiG-29 Contracts for EUR 3,773,000
According to the Sofia City Prosecutor’s Office (SCPO), the initial indictment against Defence Minister Nenchev is that, in the period 05.
Bulgarian Central Bank: Eurozone Entry to Drive Banking Shifts and Inflation Trends in 2025–2027
The Bulgarian National Bank (BNB) projects that Bulgaria’s real GDP will continue expanding steadily over the coming years
Fitch and S&P Upgrade Bulgaria’s Credit Rating on Eurozone Accession Momentum
Two leading global credit rating agencies, Fitch Ratings and S&P Global Ratings, have raised Bulgaria’s long-term foreign currency credit rating to ‘BBB+’ with a stable outlook, marking the highest level in the medium investment-grade tier
Bulgarian Economist: The Euro Brings Opportunities, Not Guarantees
The adoption of the euro inevitably brings a degree of unease and uncertainty, much like the introduction of the currency board in the 1990s
Loan Interest Rates to Stay Stable as Bulgaria Transitions to the Euro, Says Expert
Loan interest rates in Bulgaria are expected to stay stable even after the transition to the euro
Bulgaria Launches Official Online Calculator for Euro Conversion
The Ministry of Finance has introduced an online currency conversion calculator, now available on the official euro adoption website for Bulgaria - evroto.bg
Bulgarian National Bank Launches Euro Coin Minting Following Eurozone Confirmation
The Bulgarian National Bank (BNB) is launching the minting of Bulgarian euro coins this week
