Small Companies Create over 70% of Jobs in Bulgaria - President

Business | June 10, 2015, Wednesday // 07:41| Views: | Comments: 0
Bulgaria: Small Companies Create over 70% of Jobs in Bulgaria - President Bulgaria's President Rosen Plevneliev, photo by BGNES

Small companies create over 70% of the jobs in Bulgaria, according to President Rosen Plevneliev.

Plevneliev handed Tuesday an award to the winner in the first national competition for successful small businesses titled “The Big Small”, according to reports of the Bulgarian National Radio.

There were 15 finalists in the competition, all of them in the sphere of production and services.

The competition seeks to encourage entrepreneurship.

“The small ones are the big ones in the Bulgarian economy. They create over 70% of the jobs. They create prospects for the development of Bulgaria’s regions and their owners put their heart into everything they do. Let us back the e-government because the truth is that the small ones cannot afford expensive lawyers who will go around municipalities and ministries to secure licenses. Let us back the upright management of EU funds because Bulgaria managed to implement projects at over 10 000 small and medium-sized enterprises only under the JEREMIE fund during the outgoing programming period,” Plevneliev declared, calling for even more ambitious goals and cooperation.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: Rosen Plevneliev, Bulgarian President, small and medium-sized enterprises, SMEs, JEREMIE, e-government, EU funds
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria