Bulgaria

New opportunities exist in the ICT sector as Bulgarian companies work to increase their competitiveness in the EU and as the Bulgarian government complies with EU directives and legislation concerning its digital economy. Bulgaria’s ICT sector is characterized as stable and constantly growing, making it one of the most profitable sectors in Bulgaria. Bulgaria has a long, rich tradition in the IT and electronics sectors (dating back to the Communist era) and is still known as the Silicon Valley of Southeastern Europe.