Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria will need half million workers in next five years: BICA Chairman Vasil Velev

Photo: BGNES

If Bulgaria’s economy continues to develop with the current rates the Bulgarian business will need an extra half a million employees and experts in the next five years. The shortage of manpower in Bulgaria is due to the demographic trends, migration and the growth of the economy, the Chairman of the Bulgarian Industrial Capital Association Vasil Velev told the Bulgarian National Radio. Bulgaria faces a serious shortage of engineers, nurses, teachers, drivers and people employed in the tourism and agriculture fields, Vasil Velev pointed out. In his words, the Bulgarian business has already started to feel the lack of manpower which hampers the country’s economic growth. The growth of the Bulgarian economy is moderate, but this country places 12th in the EU in terms of GDP growth in the first half of 2018 and the economies of almost all countries from Central and Eastern Europe have registered higher growth than Bulgaria, Vasil Velev went on to say.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Morning temperatures remain low, but the day will be spring-like warm

On Friday , the lowest temperatures will be between minus 5 and 0°C. In Sofia it will be around minus 3°C. In the morning hours along the riverbanks and around water basins there will be reduced visibility. It will be sunny during..

published on 3/20/25 7:05 PM
Prime Minister Zhelyazkov (left) at a meeting with ECB and Eurogroup Presidents Christine Lagarde (middle) and Paschal Donahue, Brussels, March 20, 2025

PM discusses Bulgaria's eurozone entry with ECB and Eurogroup presidents

The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President Christine Lagarde and Eurogroup President Pascal Donahue. On the sidelines of the European Council meeting..

published on 3/20/25 6:07 PM

BNB Governor: Bulgaria meets all nominal criteria for the eurozone

"Currently, Bulgaria is one of the few in the EU that unconditionally meets all nominal criteria for convergence to the eurozone, including the price stability criterion, with which we have had problems in recent years." This was..

published on 3/20/25 3:35 PM