Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

IT sector generates 5 percent of Bulgarian GDP

БНР Новини
Photo: BGNES

Information technologies are taking over any business environment in a rapid manner. However, their main concentration is in the capital city, while an increasing number of programs envisage the development of communications and digital technologies across small municipalities. “IT experts generate between 4 and 5 percent of GDP in this country”. That was what Mr. Petar Ivanov, chair of the board of The Bulgarian Association of Information Technologies /BAIT/ said at the award-giving ceremony of the organization. He also explained the reforms necessary in the sector, along with the number and the lack of HR resources:

“The branch is highly technological and innovative, we all know that. However, may be some people are unaware of the fact that more than 1 percent of Bulgaria’s manpower can be found in the IT sector. We are some 50,000 experts short here, 1 million for Europe and more than 4.5 million across the globe. The making of a good business environment is not enough, in order for the development of the IT business in Bulgaria to continue. It should be better than the one of the neighboring countries, so that we can afford to develop more business, as it is extremely mobile.”

Awards were handed in 12 different categories.

The special BAIT prize 2014 for the development of information and communication technologies was given by Teodosyi Teodosiev, a head of the national school in physics and applied mathematics, which has prepared many Bulgarian medal winners.

СнимкаPresident Rosen Plevneliev handed the prize. The awarded teacher said exclusively for RB:

“There was a time with not a single award in my life, but I continued to work. There was a period of a crisis in the state, there were no workshops in physics – I continued to work again and so the factory for intellect didn’t stop preparing young talents. I have named it a system for the formation of power intellect, producing the most important product – good education. I like perfect things and I try to turn my students into the perfect intellects.”

How does Mr. Teodosiev succeed in motivating young people?

“My father taught me that one deserves no rest through his entire life. When you die, they put a table Here Rests … and then you have eternity to rest through. I consider myself an art person. It is inspiring to give a soul to a body and to create a global person, involved in the making of the best intellectual products worldwide.”

English version: Zhivko Stanchev




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Photo: Bulgarian Antarctic Institute

A Bulgarian polar expedition will explore the Ice Continent for the 33rd time

The 33rd Bulgarian polar expedition is heading to Antarctica to continue its scientific research in cooperation with scientists from different countries. For the first time, travelers from two Balkan countries - Greece and Montenegro, as well as from..

published on 11/8/24 10:35 AM

Varna hosts the Orthodox Book Week

The program of the Orthodox Book Week offers meetings with authors, publishers and translators of Orthodox books from the last few years. The event is held until November 10 at the ''St. Procopius of Varna'' Church, with meetings taking place every..

published on 11/7/24 1:02 PM

Bulgaria's oldest stud farm preserves endangered breeds

The "Kabiyuk" horse breeding farm in the village of Konyovets is the oldest stud farm in Bulgaria, founded in 1864 by Midhat Pasha, the governor of the vilayet of Ruse, to produce horses for the Turkish army. The farm existed until the Russo-Turkish War..

published on 11/6/24 8:38 PM