50
BUSINESS DEVELOPMENT
or internal corporate users, and half of all
University Programme Students Enrolled Graduates
IT tax revenues come from the software
related sector Bulgarian IT workers are
Computer systems and technologies 6,564 833
experienced in technologies for high end,
Informatics 5,465 1,218
complex and quick turnaround projects
Communication systems & technologies 4,822 966
Multi lingual workforce
Machine building 4,737 779
The Bulgarian professional workforce is
Electrical engineering 4,016 559
multilingual in English, French, German,
Italian, Spanish, Portuguese, Dutch,
Automation 2,757 513
Polish, and Bulgarian. The English
Electronics 2,297 343
language is studied by 70% of students.
Engineering combined programmes 1,916 479
Friendly business
Total 32,574 5,690
atmosphere
The Bulgarian Council of Ministers has
identified the development of Intellectual Property (IP) protection is
communications and high technologies as an integral part of the Bulgarian legal
essential to sustainable economic growth system. Bulgaria’s EU membership
for the country. ICT investment is viewed requires policies and programs to protect
as a major factor for stimulating IP within the European framework. This
investment in other fields and it is is in addition to the USA-Bulgaria
considered a major engine of economic Intellectual Property Rights Agreement.
growth for the country. This knock on The Bulgarian Criminal Code that was
effect can impact on every part of the adopted in 2002, incriminates the major
country as seen in countries like Korea. computer related offenses as unwarranted
EU membership of the country (since access to the resources of the computer,
January 1st 2007) provides a modern ICT introducing a computer virus into the
regulatory framework and restrained network, unlawful destroying or damaging
regulation following EU requirements of a computer programme, etc.; the
outlined for this area of industry. provided penalties under the code vary
from fines to imprisonment. The
punishment will of course depend on the such as HP (1250employees) and
consequences of the crime in question. SAP (460 employees)
ring6More than 5,000 ICT companies
Other factors ring6Top 100 ICT companies have
The A.T. Kearney 2007 Location Index created 25,000+ jobs
ranks Bulgaria in the top ten best ring6Reasonable office prices
countries in the world for off-shoring (the ring6Lowest professional services cost
index looked at 50 countries) and first in European Union
among central and eastern Europe ring6 Low wage growth rate @
countries for off-shoring (of 11 European 10% per annum
countries). This is very compelling ring6Historical high tech centre of
information when deciding location. former Soviet Union
ring6Over 50 Bulgarian companies
belong to BASSCOM, Bulgaria’s All things considered Bulgaria was the
software industry trade association logical location to expand its California,
ring6Presence of large foreign companies software operations.
Bulgarian Criminal Code, adopted in 2002, incriminates
the major computer related offenses as unwarranted access to
the resources of the computer, introducing a computer virus
into the network, unlawful destroying or damaging of
a computer programme
www.euroasiasemiconductor.com November 2008
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