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Alpha Research poll: Bulgarian businesses expect to recover from the crisis within 1 year

published on 5/4/20 4:02 PM

79% of Bulgarian companies have incurred losses as a result of the Covid-19 crisis, a study by Alpha Research indicates. 7% of companies have suffered limited loss of profits. 15 percent declare losses worth 100% percent. 21% felt no difficulties. 3.5% report increased demand for their products.

22.6% mainly medium-sized and large enterprises have retained the organization of their operation. 20% of businesses have switched entirely to remote work

Three quarters of businesses have cut staff as 9% have laid off all employees. 59% of entrepreneurs support state aid for jobs preservation known as the 60/40 scheme.

70% of companies hope that within 1 year they will completely restore their operation.

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Radio Bulgaria News Up-to-date information business sector Covid-19 crisis economic recovery

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