The shortage of staff will lead to a massive raise in wages in the second half of 2021. Almost half of employers plan to raise wages by up to 20 percent, with the highest growth expected in the regions of Sofia, Burgas, Varna and Plovdiv, according to ManpowerGroup study.
37% of respondents say they will raise salaries by 10%, and 12% plan increases by more than 10%. Massive salary hikes are expected in the sectors with the highest demand for staff - such as "Information Technology", "Production", "Trade", "Tourism and Hospitality", "Health and Pharmacy".
Less than 1% of Bulgarian employers plan to reduce monthly wages.
One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported. The shipment arrived from Canada and will be refined in Bulgaria. The delivery was made due to a..
Fitch Ratings has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a Positive Outlook, reported BTA. ''Bulgaria's ratings are supported by its strong external and public finance balance sheets versus..
There are no plans for the privatization of the Vazovski Machine-Building Plants (VMZ) in Sopot, and the information circulating in this regard is speculative, said Bulgaria’s Minister of Economy and Industry Petar Dilov at a working meeting..
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