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

More than 4,700 jobs in IT sector kept because of 60/40 measure

Photo: investor.bg

From April to June this year, 277 companies in one of the most stable industries in Bulgaria - the IT sector, have benefited from the 60/40 state measure. According to a specialized agency for business research in this area, with nearly 1.5 million euros allocated, the sector has retained more than 4,700 jobs. The approved companies are small and medium-sized businesses (37%) and micro-enterprises (62%), while the branches of large software and hardware companies have not benefited from the measure. 

According to analysts, a job in the technology sector generates an average of 7.5 thousand euros in taxes for the budget and over 12 thousand euros for the software business. Therefore, keeping the people in the sector would bring nearly 50 million euros in budget revenues.



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

Sunny yet cold weather expected on Saturday

The weather on Saturday will be mostly sunny over most of Bulgaria. There will be considerable clouds in eastern Bulgaria before midday and rainfall is expected in the eastern areas, but precipitation will stop also there and clouds will break...

published on 11/22/24 7:35 PM

Greece reinforces police at Promakhon checkpoint on border with Bulgaria to speed up border crossing

Authorities in Greece will deploy more police officers at the Promakhon checkpoint on the border with Bulgaria to speed up the processing of documents for people and vehicles crossing the border, reports BNR's correspondent in Greece, Katya Peeva...

published on 11/22/24 6:09 PM
Hungarian Minister of Interior Sandor Pinter

Romania and Bulgaria have a chance to join Schengen by land as of January 2025

Romania and Bulgaria have a chance to join the Schengen area by land as  of January 2025 , Hungarian Interior Minister Sándor Pinter said after an informal meeting in Budapest of the interior ministers of Hungary, Bulgaria, Romania and Austria ...

published on 11/22/24 4:37 PM