Sweden - Southeast Europe News Site

Sweden - Southeast Europe News Site


to the news site of the Chamber of Commerce for Sweden - Southeast Europe in cooperation with Business Sweden and Governments and Organisations in SEE.

Bulgaria is now the most preferred outsourcing destination in Europe

BulgariaPosted by Uvner Business Consulting Thu, October 02, 2014 21:05:44

Bulgaria has become among the most preferred outsourcing destinations in the world and the only European country in the top 10 list of most attractive countries for such activities, done by the analysis company A.T. Kearney, as reported by novinite.com. Bulgaria is at the ninth position among 51 countries in the world and climbs up eight positions in the list since 2011, when the previous survey was done.

According to Stefan Bumov, chairperson of the Bulgarian Outsourcing Association, quoted by Mediapool.bg, this was an important recognition of the efforts of Bulgaria's outsourcing industry and its contribution to the economy. In Bumov's words, in 2013 the turnover of Bulgaria's outsourcing sector was BGN 1 B and has increased by 60% in the past four years. The sector hires 20 000 people and in the next few years their number is expected to increase four times.

The index takes into account 39 criteria in three categories – financial attractiveness, business environment and human resources. The chart below shows the first 20 countries in the A.T. Kearney report.

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