The development of the IT & Software industry is part of the key
priorities of the government. It has stable growth of around 30% per
year. Bulgaria ranks 3rd in world for certified IT professionals per
capita and 8th in the world in terms of absolute numbers. Among key
advantages of the industry is highly qualified workforce ,
competitive pricing, many talented youngsters majoring in IT and
long traditions. Positive factors for the continual growth and
stable development of the industry are the strategic geographic
location and stable political and macroeconomic environment. Some
years ago Bulgaria was recognized as the "Soviet Silicon Valley" - a
center that for many decades supplied hardware and software to the
Soviet Union and Eastern Europe.
Over the last decade, Bulgarian software specialists have gained a
worldwide reputation of talent and competence. The number of
Bulgarian developers working successfully in the international IT
industry demonstrates the dynamism and potential of the Bulgarian
software sector. Subsidized during the communism era, this sector is
currently booming despite the major difficulties which Bulgaria is
experiencing in its painful transition to capitalism. Thus, the
professional field of information technologies is becoming ever more
attractive to Bulgaria's young generation, especially among college
and university students.
Great Cost Benefits
Quality Bulgarian programmers and
developer are still making considerably less than their European or American
counterparts
English is the principal language for
the transaction of business. About 15% of the Bulgarian population speaks
English.
Bulgarian
Workforce Availability
Bulgaria’s workforce is
known for its high quality and competitive labor cost. Bulgaria ranks 2nd in
international IQ tests (MENSA International). There are many very talented
programmers and developers. Young graduates in today’s Bulgarian workforce
are smart, intelligent and responsive. Their strengths combined with the
high standards of education and specialization they get is real treasure for
the development of National IT businesses. As prime example: the Bulgarian
entry in the International Olympiad in Informatics in Seoul in August 2002
brought home four awards and 1st place in Tokyo math Olympics 2003.
Reliability and Security
The work force is highly reliable and can deliver world-class
quality and ensure rapid delivery of service.
The Bulgarian digital infrastructure has
been developing rapidly and is currently providing nationwide and reliable support for the
development of the ICT sector.
A virtual 7-hour
time zone difference with the USA and and 1-hour difference from
Europe is beneficial for around the clock software development
services.
Invest Bulgaria Charts
Employed People in Bulgaria Final Consumption of Bulgaria See all charts
Did You Know?
Did you know that professor John Atanasoff, a Bulgarian, built the world's first electronic-digital... ... More
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Bulgaria Translation