BNR: Investments in Bulgarian Gaming Industry on the Rise

Business | February 4, 2020, Tuesday // 18:24
Bulgaria: BNR: Investments in Bulgarian Gaming Industry on the Rise

Bulgaria is not only a place for outsourcing services in the gaming industry as it was 10 years ago, but it is also establishing itself as a place of creation of new products, BNR reported.

Over 1000 mostly young people are already employed in the sector and world-renowned companies have set up studios in Bulgaria. This country is trying to overtake Romania, which is the Balkan leader in entertainment electronic games. Over 2/3 of Bulgarian gaming business is concentrated in Sofia.

In Europe the gaming industry reaches averagely 5% of the economy of big cities, but in the Bulgarian capital city it is 8%. For the period from 2008 to 2015 the growth of the branch in Sofia is 123%. In Europe alone, the game industry's turnover is around € 20 billion a year, with a global turnover of € 90 billion.

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

Business » Be a reporter: Write and send your article
Tags: gaming industry, investments, Bulgaria
Bulgaria news (Sofia News Agency - 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." (Sofia News Agency - 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