Bulgaria has Second Highest Percentage of Non-Investing Companies in EU - EIB

Bulgaria has Second Highest Percentage of Non-Investing Companies in EU - EIB

The percentage of Bulgarian companies which made no investments in the last financial year is the second highest in the European Union, and the local business is even less optimistic about investments in 2018, mainly due to lack of skilled workers and uncertainty about the future, according to a survey by the European Investment Bank (EIB) presented on Friday. Only 64% of Bulgarian companies made investments in the last financial year, compared to 87% EU-wide, the annual EIB Investment and Investment Finance Survey (EIBIS) showed. The results of the survey were presented at a conference in Sofia organised in partnership with the Chambers of Commerce of Austria, France, Germany, Greece and Italy. The findings are based on interviews with 476 firms in Bulgaria in the April-August period of 2018.Corporate investments in intangible assets and development of new products and services in the country are 14 percentage points lower than the average in the bloc - at 22% versus 36% in the EU - and innovative firms rely mostly on adopting innovation rather than developing it.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.