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EVENTS

GENERAL MEETING OF THE MEMBERS OF A NON-PROFIT ASSOCIATION - ICT CLUSTER VARNA

28/07/2021

Varna - Economic profile and trajectory of development

03.2021

Information and communication technologies (ICT) are the most dynamic sector in the economy of Varna. Close 3,200 people are employed directly in information technology and services, and their number is constantly growing - with about 300 people in 2018 alone.
Suitable conditions in Varna - Good connectivity, young people, quality education, and Together with lower operating costs compared to other digital hubs in the region, dynamic social life determines the long-term development and entry of companies with a similar profile in the maritime capital.
In 2020, the Financial Times put Varna in the top 10 of the small European regions of the future on the indicator of cost-efficiency. The ranking reflects the fact that despite strong wage growth in the digital sector, Varna remains one of the most attractive places for technology companies. This is confirmed by the annual report of the Bulgarian Outsourcing Association for 2019, which points to Varna and Plovdiv as the fastest-growing cities outside the capital in the digital sector in the country.

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Federation of ICT Clusters for the Digital Future of Bulgaria

July 12, 2018

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