Bulgaria Reports 64 Workplace Fatalities in 2024; Safety Remains Priority
Employers in Bulgaria are legally required to implement all necessary measures to prevent and minimize workplace accidents, general illnesses
Almost one-fourth, or 22%, of the Bulgarian employers plan or expect to hire new employees during Q3, 2013, according to data of the Manpower recruitment agency.
Traditionally for the summer tourist season, the service sector – the hospitality industry, as well as construction, will offer the highest number of jobs, according to Manpower data, as cited by dnevnik.bg.
Employers will be hiring staff at a stable pace, similar to that of the summer season of 2012.
Fewer than one in every 10 employers, or 8 %, plan to cut jobs.
Compared to Q2, 2013, the employment coefficient (the difference between the anticipated hiring and layoffs) will go up by 2 percentage points in Q3.
Apart from the optimistic attitudes of 35% of hospitality industry representatives and 22% of construction companies, nine out of ten industry sectors, including research, also plan to hire staff.
Employers in the spheres of finance, insurance, real estate, business services, production, and transport and warehousing, will seek to hire specialists and workers, and the employment coefficient for all of these spheres is +17%.
Mining is the sole exception from the positive trend, reporting a decrease of 22 percentage points from the previous quarter.
Employers in the Danube city of Ruse are most optimistic about hiring staff, with a coefficient of +18%, followed by Varna, Sofia and Plovdiv with 15%, 14% and 12%, respectively.
The Black Sea city of Burgas also registers a positive trend with an employment coefficient of 11%.
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
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 in Bulgaria are expected to stay stable even after the transition to the euro
The Ministry of Finance has introduced an online currency conversion calculator, now available on the official euro adoption website for Bulgaria - evroto.bg
Wizz Air is accelerating its return to Israel
Authorities have launched a wide-ranging investigation into the controversial gas transmission agreement between Bulgaria’s state-owned Bulgargaz and the Turkish company Botas
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe