Industry in Bulgaria Has One of the Highest Profit Rates in Europe

Industry in Bulgaria Has One of the Highest Profit Rates in Europe

Industry in Bulgaria has one of the highest profit rates in Europe but pays some of the lowest salaries in the EU, an expert analysis  of the Confederation of Independent Trade Unions in Bulgaria shows, cited by BNR.
The results were presented at a national conference titled ‘’Social Dialogue for Fair Pay’’ organized by the trade union.
According to the union, one worker in the tailoring sector in Bulgaria receives an average 276 euros, while the equivalent in Spain receives 1,606 euros. The difference in pharmacy is almost six-fold – Bulgaria receive 536 euros while their Spanish counterparts receive 3, 480 euros. At the same time, the rate of return in Bulgaria mining and quarrying is among the highest in Europe – 31.7% compared to the average 21.7% for the EU.
 
 
Sofia News Agency
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