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Why Bulgaria

Cost savings

Cultural proximity to Western Europe and USA

Talented employee pool

Rapid development

Key benefits of offshoring to Bulgaria

Lower cost

According to the European Union (EU) statistics agency Eurostat, Bulgaria had the lowest hourly labor cost in the EU in 2023.

In 2023, the net annual earnings of an average single worker without children ranged from €9 355 ($10,371) in Bulgaria to €49 035 ($54,363) in Luxembourg.

Of course, the work of senior professionals is never offered at a low cost compared to more offshore destinations, but the relative cost difference for projects and salaries would be cost-effective to your business. Therefore, Bulgaria is a dream offshoring destination for foreign companies: here, they find experts with proven skills at a comparatively lower cost.

Cultural proximity to Western Europe and USA

Bulgaria’s proximity to Central/Western Europe and the USA has influenced its work ethic and business attitude, aligning closely with Western business practices. This cultural alignment helps reduce potential issues arising from differences in business customs.

For instance, punctuality is highly valued in Bulgaria, both in professional and social settings. Similar to Western countries, Bulgarians expect timely arrivals and regard punctuality as a sign of respect and professionalism. If you anticipate being late for a meeting or social event, it is courteous to inform your host in advance.

Friendly environment and mentality

Bulgarians are known for their hospitality and warm, friendly attitude towards individuals from all origins. With a rich history of welcoming diverse communities, the country is home to many foreigners who attest to the supportive and responsive nature of its people. Whether you are a local or a foreigner, you will find that Bulgarians go the extra mile to make you feel at home, often thinking creatively to offer helpful alternatives and solutions.

Skilled Talent Pool

Bulgaria places a strong emphasis on education, resulting in a well-educated population. As of 2023, over 80% of the working-age population had attained secondary or higher education.

The educational quality in Bulgaria is relatively high, supported by well-equipped institutions that include modern computer facilities. In Bulgaria, English language education is widespread and commonly integrated into the school curriculum.

According to statistics, 98% of Bulgarian students speak one foreign language, and 78% study at least two foreign languages!

Time-Zone Benefits

Bulgarian teams offer a valuable benefit of round-the-clock services due to the time-zone difference. This allows remote partners to leverage continuous expertise and support from their offshore resources, facilitating a 24/7 operation cycle for their in-house departments.

The time zone in Bulgaria is Eastern European Time (GMT+3).

International powerful companies already chose Bulgaria

Bulgaria hosts a significant number of large and well-known international companies, many of which have outsourced various internal processes such as accounting, customer service, IT engineering, and more to the country. This trend is driven by Bulgaria’s competitive advantage as an outsourcing destination, offering a comprehensive range of services that help companies optimize operations and enhance profitability.

Big talent pool

Outsourcing service providers in Bulgaria employ approximately 80,000 to 100,000 individuals, according to various statistical sources. This substantial workforce highlights the sector’s significant role in the country’s economy and its capacity to support a wide range of outsourcing needs.

The country’s talented employee pool is backed up by 50+ universities. 30,000 new professionals graduate every year (data from BASSI).

Rapid development

The outsourcing/offshoring sector in Bulgaria has experienced significant growth in recent years. This expansion has attracted numerous foreign investors, contributing positively to the country’s economic performance.

According to a report by the Bulgarian Outsourcing Association, the outsourcing industry constitutes 10% of Bulgaria’s GDP, underscoring its substantial role in the national economy.

Reliable Internet Infrastructure

Bulgaria’s internet infrastructure significantly enhances its ability to form quality, long-lasting partnerships. According to the Bulgarian Association of the Software and Services Industries, the country ranks among the world’s leaders in internet coverage, speed, and accessibility.

This robust infrastructure supports seamless and efficient business operations, contributing to Bulgaria’s attractiveness as an offshoring destination.

Bulgaria is an attractive destination for offshoring

Bulgaria has emerged as a top destination for businesses looking to offshore their business, and Junior Force is a distinguished partner that meets these needs effectively. The country’s thriving economy, strategic location, favorable tax policies, cost-effective labor, and highly skilled professionals create a compelling environment for enhancing efficiency and maintaining global competitiveness. By choosing Junior Force as their offshore provider in Bulgaria, clients can leverage the nation’s exceptional expertise, professionalism, and vibrant culture, driving their business to new levels of success.

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