The outsourced industry is among the best employers in Bulgaria. The outsourcing sector in Bulgaria accounts for 2.4% of the country's labor market, employing more than 67,300 people, and by 2021 their number is expected to exceed 79,000 people. This shows the data from the last annual report on the development of the Bulgarian Outsourcing Association's industry, quoted by technews.bg.
In our age of globalization and economic interdependence, attracting foreign direct investment is vital for a country's economy. FDI helps create jobs, stimulate growth, boost competitiveness and revenues, facilitate the transfer of technology and know-how, and enhance innovation.
As Greece strengthens its external business links FDI becomes ever more important for the country.
Turkey received $8.1 billion in net international direct investment from January to September 2018, the Industry and Technology Ministry announced on Dec. 21.
The rest is split between "the other five economies," according to an IMF working paper titled Foreign Direct Investment in New Member States of the EU and Western Balkans, Tanjug has reported.
The WB region shows a similar profile in terms of the dominance of services sector and large countries, the report noted.