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3 goals in new strategy for small and medium enterprises in Bulgaria

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Three strategic goals have been set in the new Strategy for Small and Medium Enterprises in Bulgaria for the period 2021-2027, published for public discussion on the website of the Ministry of Economy. The first goal is increased competitiveness of small and medium enterprises in Bulgaria, the second - specialization in high-tech industries and knowledge-intensive services, and the third - regional equality.

The document has been prepared on the basis of an analysis of the situation of small and medium enterprises in Bulgaria in the period 2008-2018 and consultations with business and local authorities.

In Bulgaria, small and medium enterprises contribute to 75.7% of total employment and 65.3% of added value in the economy in 2018, the document reads.

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