Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

More than 4,700 jobs in IT sector kept because of 60/40 measure

Photo: investor.bg

From April to June this year, 277 companies in one of the most stable industries in Bulgaria - the IT sector, have benefited from the 60/40 state measure. According to a specialized agency for business research in this area, with nearly 1.5 million euros allocated, the sector has retained more than 4,700 jobs. The approved companies are small and medium-sized businesses (37%) and micro-enterprises (62%), while the branches of large software and hardware companies have not benefited from the measure. 

According to analysts, a job in the technology sector generates an average of 7.5 thousand euros in taxes for the budget and over 12 thousand euros for the software business. Therefore, keeping the people in the sector would bring nearly 50 million euros in budget revenues.



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

Boyko Borissov

Boyko Borisov: There is no chance for GERB-SDS, PP-DB, BSP-United Left and ITN to form a cabinet

The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..

published on 11/28/24 2:42 PM

Between 80 and 90% of water for domestic and industrial needs is lost in Bulgaria's water transmission network

Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..

published on 11/28/24 2:15 PM
Sofia Airport

Direct flight will start operating between Sofia and Pisa as of March 2025

From March 30, 2025, a new direct flight will connect Sofia and Pisa, Italy. A statement from Sofia Airport states that the flights will be operated by the low-cost airline Ryanair and will operate three times a week - every Tuesday, Thursday and..

published on 11/28/24 2:10 PM