Nearly Half of Bulgarian Companies Have No Employees

Nearly half of active companies in Bulgaria don't have a single employee, shows data of the National Statistics Institute for the period 2008-2012, quoted by BTA. 

In 144 330 companies, or 44.6% of the active companies, the only employee is the owner. 

As of 2012 40% of the companies have up to four employees and barely 8% have between five and nine employees. Nine percent of the companies have more than 10 employees and in them work over 70% of the workforce in Bulgaria. 

In the surveyed five-year period nearly 40% of the newly established companies were in the retail sector, shows the NSI data. 

Of the companies set up in 2007, by the end of the five-year period, survived only 8%. Most viable proved to be the companies in the construction sector with 12.5% “survival rate”.  

In general, most viable proved to be the companies in the extractive industry, production and distribution of energy, water supply and purification and the financial and insurance sector.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!