Economic sector

Over the next year, more than 17,000 Bulgarian companies are planning layoffs, marking a nearly 37% rise in firms forced to scale back and reduce staff. In 2023, 12,600 companies reported similar workforce reductions. This data comes from a study by the Employment Agency on labor market needs.

The Bulgarian Association of Software Companies (BASSCOM) announced their annual Barometer report, marking a historic forecast for the nation's software sector. Projections unveiled during the event indicated a remarkable milestone: an expected surge in revenues to surpass BGN 8 billion in 2023, an unprecedented achievement for the industry.

The pandemic may have boosted the country's e-commerce industry, but it has also sparked fraud.

The data of the Consumer Ombudsman are revealing, according to which there was:

Turkey's industrial sector over the last year provided 337,000 additional jobs, the country's industry and technology minister said on March 12. 

With the momentum seen in investment figures and electricity consumption in industrial zones, Turkey had a strong start to 2021, said Mustafa Varank, speaking to a virtual Chemistry Sector Council Meeting.

Greece's economic sentiment index shot up to 105.3 points in July from 101 the month before, to reach a high unseen since March 2008, the Foundation for Economic and Industrial Research (IOBE) said in its latest monthly Business and Consumer Survey, confirming a report from Eurostat on Wednesday.

According to a new assessment by the EUIPO, annual losses due to counterfeiting and piracy in 11 major EU economic sectors amount to 117 billion leva each year.

As the construction industry continues to grow rapidly in emerging economies, Turkey's marble sector may benefit.