28.02.2024

MINISTRY OF INNOVATION WITH NEW MEASURES FOR STARTUPS

Several measures to promote entrepreneurship in our country are planned by the Ministry of Innovation and Growth, it is clear from Minister Milena Stoicheva's answer to a parliamentary question regarding the additional BGN 10 million requested by the department from the budget.

First of all, it is planned to develop a National Program for the support of innovation valleys, which will provide national funding for approved projects under the Horizon Europe Program, the minister points out. She reminds that on May 17, 2023, the program published a call for projects for connected regional "valleys for deep technological innovation" to unite regions with a lower and those with a higher degree of innovation development.

The aim is for the institutions responsible for innovation to work together with the local sector and science to build a common vision and activities aimed at creating key sectors for Europe such as reducing dependence on fossil fuels, increasing food security, digital transformation and cyber security, improving health care, etc. Each innovation valley project consists of two components - for the preparation of an action plan and for a joint transregional competition for the recruitment of project proposals.

In addition, the ministry plans to launch a new initiative aimed at promoting open investment. It aims to create a dynamic ecosystem for start-ups to stimulate the participation of such enterprises in open innovation platforms. These include various stakeholders who are involved in the process at all levels – eg academia, government, civil society, etc. The Ministry will support the launch of such an ecosystem through a platform aimed at innovative small and medium-sized enterprises, as well as organizing a direct connection of the successful participants of the platform with leading global high-tech corporations.

Mentoring and coaching sessions will be provided with experts in the relevant field, sessions with presentation of the subject of activity and the potential need for financing, as well as for finding potential partners, the ministry specifies.

Another measure envisages the creation of a Program for the promotion of the Bulgarian innovative start-up ecosystem in an international aspect. It will ensure the participation of start-up innovative enterprises in summit meetings, specialized events and conferences with the aim of presenting Bulgarian entrepreneurs. The main goal of the measures is the positioning of Bulgaria as a high-tech hub in the Balkans, a good investment destination and a place full of talent and potential, says Stoycheva.

27.02.2024

THE AGENCY FOR PEOPLE WITH DISABILITIES HAS CREATED AN INTERACTIVE MAP WITH ACCESSIBLE OBJECTS S IN BULGARIA

The accessible sites in Bulgaria, which citizens themselves register in the specially created register of the Agency for the People with Disabilities, can now be visualized through an interactive map. The new functionality of the register allows each object entered in it, after validation of the coordinates for its location, to be marked on the map of Bulgaria with the familiar sign for a place that is accessible to people with disabilities.

After clicking on the sign, a detailed map appears with information about the object, including the elements of accessibility - accessible entrance, provided parking spaces, provided services for blind people, translation services into Bulgarian sign language, accessible tourist routes, adapted sanitary facilities, counters, etc.

The register of the Agency for People with Disabilities contains only objects that citizens have entered. Anyone can do it electronically by filling in the information about the object - name, activity, address, as well as the information about its accessibility - in a card specially developed by the Agency. Citizens can search for relevant sites by region, municipality, settlement. The search can also be by industry and category.

The register is available on the website of the Agency for People with Disabilities in the section "Registers", section "Accessible objects", submenu "Register of accessible objects" or at the following link: https://ahu.mlsp.government.bg/da/view/

In the same section, in the submenu "Map of accessible objects", the interactive map is visualized: https://ahu.mlsp.government.bg/portal/objects/map

The Ministry of Labor and Social Policy and the Agency for People with Disabilities rely on the activity of citizens who provide services in accessible facilities, work or visit them, to register them in the Register in order to make more of them visible to people with disabilities.

26.02.2024

THE NUMBER OF THOSE WHO STARTED WORK IN JANUARY IS INCREASING

The number of unemployed persons who started work in January with the assistance of the Employment Agency was 11,343, the increase compared to the previous month was 2,436 people, according to the institution's administrative data.

The largest share of those on the labor market is in the manufacturing industry - 15.8%, followed by trade - with 14.6%, state administration - with 9.3%, human health care - with 6.7% and construction - with 4.6%. During the month, 326 pensioners, students and employed people found work with the support of the labor offices. In countries of the European Union, 914 unemployed people started work with the mediation of the labor offices, the Employment Agency announced.

A total of 280 unemployed people from the risk groups have found their employment through subsidized jobs - 74 under employment programs and measures and 206 - under schemes of the Human Resources Development Program 2020-2027. A total of 232 unemployed and employed people are included in various trainings, and 587 people have completed the training started in previous months, having acquired a new profession or key competence.

The level of registered unemployment in the country increased slightly by 0.2 percentage points on a monthly basis and reached 5.8% in January. The number of registered unemployed persons at the end of the month was a total of 165,840, with the increase compared to last month by 7,635 persons. 26,981 new unemployed persons were registered in the labor offices in January. There is an increase compared to the previous month by 8,204 persons, and compared to January 2023, the newly registered are 2,687 more, the agency also informed.

Another 601 people from the groups of jobseekers employed, students and pensioners also registered with the employment offices during the month. This group also saw an increase compared to the previous month in the demand for the agency's services - by 77.3%. As a result of the work of the Roma and youth mediators, as well as the labor mediators in the labor offices, a total of 4,250 persons inactive on the labor market were activated during the month.

In the labor offices in January, the representatives of the primary market declared 10,037 vacancies compared to 4,452 in December 2023. In the real economy, the largest number of vacancies are in the sphere of processing industry – 28.2%, state administration – 12.4 %, trade - 12%, education - 9.6%, hotel and restaurant industry - 7%, administrative and auxiliary activities - 5.8%.

The most sought-after professions by businesses in January are: machine operators of stationary machines and equipment; cleaners and helpers; staff caring for people; sellers; personnel employed in the field of personal services; workers in the mining and processing industries, construction and transport; skilled workers in the production of food, clothing, wood products and related; drivers of motor vehicles and mobile equipment; metallurgists, machine builders and related workers and artisans; teachers, etc., the Employment Agency also informed.

The Minister of Labor and Social Policy, Ivanka Shalapatova, announced that an increase in labor market activators is planned. Their task will be related to finding inactive people and including them in the labor market, she explained at a meeting of the parliamentary social committee on February 7.

The minister also said that by the middle of the year, the electronic register for economically inactive persons is expected to be ready, which will help in the information connectivity of the overall status of unemployed people.

23.02.2024

OVER A THIRD OF MANAGERS IN ROMANIA ARE WOMEN

Four out of ten entrepreneurs in Romania are women and more than a third of managers in the economy as a whole are women, according to a speech by the President of the National Council of Small and Medium Enterprises in Romania (CNIPMMR) Florin Gianu at a conference of the European Employers' Association of Business Women (PEFA).

"In terms of women running listed companies, we are number one in Europe, which is outstanding, with an average of 31.6%, with the European average being 20%. At the level of the entire economy in Romania, 33.2% of managers are women, a percentage close to what happens at the European level, i.e. 35%, a higher percentage than in the traditional countries: Germany has 29%, Italy - 28% and the Netherlands – 26%. These are official data from Eurostat," stressed Florin Gianu.

According to data presented by the head of the National Council of Small and Medium Enterprises in Romania, four out of every ten entrepreneurs (38.4%) in Romania are women. The best representation was registered in the Center region (44.5%), followed by the Bucharest-Ilfov region (44%). A lower presence of female entrepreneurs is reported in the Western region - 31.9%.

On the occasion of the establishment of the European Employers' Association of Business Women (PEFA), the chairman of the National Council of Small and Medium Enterprises in Romania indicated that the organization is joining an extremely professional and ambitious family.

Representatives of the Romanian authorities and business circles participated in a debate on the topic "Equality between the sexes. Agenda 2030", on the sidelines of which the creation of the European Employers' Association of Business Women was announced.

22.02.2024

WE GET A FASTER TEMC DECISIONS

The term for the pronouncement of the Territorial Expert Medical Committees (TEMC) and the National Expert Medical Committee (NEMC) in the assessment of permanently reduced working capacity/type and degree of disability is shortened. This is done with changes to the Regulations on the structure and organization of work of the medical examination bodies and of the regional medical examination files, adopted by the government.

The uniform distribution of certification procedures in the country is also foreseen, while at the same time consideration by TEMC will take place on a random basis. According to the Council of Ministers, this will lead to transparency, impartiality and speed in the issuance of TEMC decisions.

The obligation of TEMCs to pronounce only on the basis of the medical documentation, including the information available from the health records in the electronic health files of the individuals, will condition a full and objective assessment, reducing the requirement of TEMCs to provide additional documents.

Setting a deadline for communicating expert decisions to interested parties, informing individuals of the dates on which their documents will be considered, engaging in personal responsibility for compliance with the guidelines, etc., are organizational measures that will improve coordination between the parties involved in the medical examination process.

In the changes to the Rules for the establishment and organization of work of the medical examination bodies, which was uploaded for public discussion a year ago, it was written that a double increase in the number of the currently operating 70 TEMCs in the country is foreseen. The main goal is for the territorial expert medical commissions to be able to pronounce within the statutory three-month period, which is currently not happening on a large scale.

There is now a significant delay in the medical examination of permanently reduced work capacity, type and degree of disability, and this delay is different for different commissions. 29 TEMCs, which is 41 percent of all, are pronounced within the statutory three-month period, 17 commissions are pronounced between 4 and 6 months, and 15 after one year. The longest period of pronouncement reaches more than 4 years. The main reason is poor staffing.

The project provided for commissions to be opened in all state and municipal multi-specialty hospitals and complex oncology centers, and in those of them that are university hospitals or commercial companies with mixed state and municipal participation in the capital, at least two commissions should be created.

Mandatory participation in the composition of committees of the heads of structures in the respective medical institution was introduced for the staffing of TEMC.

It was also planned to create conditions for the use of the complete information from the records in the electronic health files of the people by the medical examination bodies. The goal is to reduce the number of cases in which TEMC requires additional research and consultations during the expertise procedures.

21.02.2024

PART-TIME MINIMUM WAGE

Undoubtedly, the controversy over the size of the minimum wage raises the question of whether the lowest paid workers have really felt a tangible increase in their living standards over the past decade?

Should the increase in the minimum wage be counted as a kind of merit of the trade union organizations and are the complaints of the employers' organizations that their views on the amounts are not taken into account, or at least not sufficiently?

Where economic interests are conflicting, it is difficult to reach a complete understanding. Employers' organizations assess the increase of the minimum wage as an unbearable burden for business and insist on more transparent rules for determining its amount. According to them, the increase of the minimum wage does not correspond to the growth of the gross domestic product, it puts the border between the minimum and the average unreasonably close wages for the country and may force a number of, mostly small and medium enterprises, to start layoffs.

It is logical that if an employer cannot afford to pay the increased minimum wage to its workers, it will look for mechanisms to reduce its labor costs by getting rid of some of its employees.

As counterarguments in support of increasing the minimum wage, the need to guarantee a decent wage and increase the purchasing power of the population is usually pointed out. The step-by-step increase in the minimum wage should also guarantee a sustainable increase in the standard of living.

Supporters of the idea of a faster increase in the minimum wage, led by trade unions, remind that the minimum wage is not received in the so-called "net amount", but deductions are made from it for taxes and insurance.

If the clearest example of a worker or an employee without previous work experience in the same or similar position is taken as an illustration (i.e. without additional labor remuneration for acquired work experience and professional experience): from BGN 780 minimum wage close to BGN 175 will be deductions at the expense of the employee. In other words, this income really only guarantees a minimum standard of living for physical survival. After all, not only is the minimum wage as an absolute amount insufficient to cover the needs of individuals, but also the tax and insurance burden is high, which further aggravates their situation.

Despite all the disputes, the law still allows the negotiation of wages below the national minimum wage in some cases, such as part-time work. It may be agreed upon between the parties at the time of the employment relationship or subsequently, with an additional agreement. Part-time work can also be introduced unilaterally by the employer as a specific "anti-crisis" measure when reducing the volume of work for a period of up to three months in a calendar year.

The lower limit of remuneration will be determined proportionally to the minimum wage for full-time work, for example, when working 4 hours - 1/2 of the minimum wage, etc.

Contracts for additional work and for work on certain days of the month usually do not constitute a main source of income for the worker or employee. The shorter duration of their work is also reflected in a lower minimum wage.

A special case is the contract for on-the-job training, under which the employer undertakes to train the worker or employee in the process of work in a certain profession or specialty, and the worker or employee - to master it. During the training period, the worker or employee receives labor remuneration according to the work performed, but not less than 90 percent of the minimum wage established for the country. The social justification of this legislative decision is in the lack of experience of the person doing the work, which usually makes his work less valuable from the employer's point of view.

 

Reference:

Art. 110, 111, 114, 138 and 138a 230 of the Labor Code

21.02.2024

THIS IS WHAT KIND OF STAFF IS NEEDED IN MONTANА REGION

The Employment Agency announced all vacancies in the Montana region.

If you have lost your job or want to change your current job, you may consider the suggestions below:

Managing Directors and Executive Directors 1 Montana

Sellers in stores 2 Montana

Applied specialists in medicine and pharmacy 3 Montana

Applied specialists in medicine and pharmacy 1 Varshets

Sellers in shops BGN 1,200 1 Montana

Electrical installation and repair workers 1 Montana

Other skilled workers and related craftsmen 1 Montana

Mobile Equipment Operators 3 Montana

Specialists in social sciences and religious specialists 1 Lom

Other unskilled workers BGN 1,000 1 Montana

Doctors 1 Montana

Truck and bus drivers 1 Lom

Workers in agriculture, forestry and fisheries 4 Berkovitsa

Doctors 2 Montana

Sellers in shops 2 Lom

Other personnel engaged in trade 1 Montana

Sellers in stores 2 Montana

Clothing and related workers 5 Montana

Other unskilled workers 2 Lom

Machine operators in textile, sewing and leather production 3 Lom

Sellers in shops 1 Lom

Machine operators in textile, sewing and leather production 2 Lom

Clothing production workers and related workers 17 Berkovitsa

Applied specialists with control functions in the mining and processing industry and construction 1 Montana

Clothing production workers and related workers 9 Berkovitsa

Workers in the processing industry 4 Montana

Blacksmiths, tool makers and related 1 Berkovitsa

Truck and bus drivers 1 Montana

Operators of mobile equipment 2 Lom

Machine mechanics and fitters 1 Montana

Personnel providing health care for people 1 Boychinovtsi

Clothing and related workers 1 Montana

Other medical and health professionals 1 Varshets

Applied specialists in the physical and technical sciences 1 Montana

Applied specialists in the field of arts, culture and cooking 2 Montana

Workers in the processing industry 3 Montana

Artisans 1 Montana

Personnel providing health care for people 1 Berkovitsa

Machine operators in chemical production and the production of photographic products 8 Montana

Waiters and bartenders 1 Lom

Financial specialists 1 Montana

Blacksmiths, tool makers and related 2 Montana

Waiters and bartenders 1 Montana

Other qualified workers and related craftsmen BGN 1,000 1 Montana

Sellers in shops BGN 1,500 1 Montana

Clothing and related workers 2 Montana

Clothing production workers and related workers 12 Berkovitsa

Blacksmiths, tool makers and their relatives BGN 1000 2 Montana

Clothing and related workers 3 Montana

Chefs 1 Montana

Cooks 1 Boychinovtsi

Doctors 1 Montana

Sellers in shops BGN 900 1 Montana

Truck and bus drivers 3 Montana

Housekeepers and butlers 1 Boychinovtsi

Clothing and related workers 5 Montana

Workers in the processing industry 1 Lom

Drivers of heavy goods vehicles and buses 1 Boychinovtsi

Machine operators in the food industry 2 Montana

Doctors 2 Montana

Car and motorcycle drivers 1 Montana

Truck and bus drivers 2 Montana

Food production workers and related workers BGN 1,200 2 Montana

Doctors 1 Montana

Doctors 2 Montana

Sellers in shops BGN 1000 2 Montana

Cashiers and ticket sellers BGN 1000 1 Montana

Vehicle washers, window washers, washers and related 1 Montana

Specialists in social sciences and religious specialists 1 Lom

Blacksmiths, tool makers and their relatives BGN 1000 3 Montana

Mobile Equipment Operators 1 Montana

Clothing production workers and related workers 6 Berkovitsa

Clothing production workers and related workers 10 Berkovitsa

Waiters and bartenders 2 Montana

20.02.2024

ELEVEN HAS LAUNCHED A SECOND EDITION OF ITS EARLY-STAGE ENTREPRENEUR PROGRAM

Eleven Ventures, the Bulgarian equity fund supporting early-stage technology companies in Southeast Europe, announces the launch of the second edition of Eleven Alpha. The fund team and the selected entrepreneurs will work together on an individual plan for the development of the startup with one basic goal - reaching "product-market fit". Founders will gain access to the Eleven team's years of experience building startups, a wide network of contacts, and a community of like-minded people.

As part of the program, the fund will once again invest €300,000 for a 10% stake in each approved company, which comes with a pre-investment contract (publicly available and viewable by anyone), and just two months from the time of application to closing the deal.

The application process is simple and fast, allowing entrepreneurs to focus on growing their business. It consists of a short application form (a pitch deck is required), a meeting with Eleven's investment team and a meeting with the fund partners as a final step after the startup passes the pre-selection.

Who is Eleven Alpha for?

The Eleven Ventures team aims to be the earliest partner to technology entrepreneurs. Eleven Alpha is aimed at founders in the early stages of developing their business. This could mean they only have a bold idea and a rough prototype, or they already have their first paying customers. Eleven's four priority verticals (Fintech, Healthcare, Future of Work, Sustainable Food) remain in focus.

From alpha to beta

Once the deal is confirmed, founders get access to all of Eleven's company-building know-how and resources. The team will provide ongoing support and work personally with entrepreneurs to develop an individual company development plan to help them achieve product-market fit and the next stage of evolution. The program is divided into three parts:

"Discover" part, where entrepreneurs will be able to get to know their customers better, talk to them and understand their pains, needs, requirements. This is when they lay the foundations of their company.

The “Design” part where entrepreneurs refine the value they bring to customers, learn to build a product that customers want, design the business model and learn how to modify it, test and validate their hypotheses.

“Deliver” part, where the founders build a go-to-market strategy, start selling to their first customers, establish the foundations for growth and work on their strategy for the next round of funding.

What happened in the first edition of the program?

In search of the next "builders of the future" in the first edition of the program, the Eleven Ventures team reviewed over 450 applications from 25 countries. After a strict and difficult process, the fund selected 4 startup teams - the Bulgarian companies Flataway and TrueInsights, the Greek MyTeam and the Slovenian Perfeqt. During the program, the teams made significant progress in their development. One of the companies achieved a 10-fold increase in monthly revenue within a year, another increased its customer base 7-fold, and a third strategically changed its ideal customer profile and expanded its offering.

"It wasn't a formulaic program where there were different sessions for all the companies involved. It was extremely valuable to us that everything we went through in terms of sessions, workshops and meetings was highly tailored to our business and the work we do." shares Boris Pavlov, co-founder and CEO of FlatAway.

Ivaylo Simov, Managing Partner at Eleven, commented on Eleven Alpha: "For us, the first release of Eleven Alpha was a return to Eleven's roots. We searched for "builders of the future", met many and supported those who really excelled. Today, we're ready with version 2.0, which surpasses everything we've done in the last 11 years.”

19.02.2024

LOOKING AHEAD: DO COMPANIES SPEAK THE LANGUAGE OF GENERATION Z

Generation Z (Gen Z) is the focus of attention of brands and companies. They are the next generation of consumers and employees to enter the economy, and they are very different in habits, values and motivations than previous generations.

For employers, this requires a number of changes in human resource management policies, oriented towards innovation in both recruitment and onboarding processes, talent management, additional training and even corporate social responsibility, which the generation places as important factor in choosing a company.

What are Gen Z looking for?

In hundreds of materials of various organizations and institutions, the characteristic features and driving values of this generation are discussed.

Generation Z was born into the digital world and carries all its traits - new, fast-moving, with endless possibilities, open to change, sensitive to universal themes, connected to the world and determined to improve it.

Young people of this generation believe that a career is meaningful only when it leads to personal growth and brings social benefit. They do not bow to authority, but listen readily to mentors ready to share their knowledge with them and help them in their mission to make the world a better place.

And last but not least, Gen Z values work-life balance highly and strives to get it right here and now, in their youth, rather than postponing living for a later stage like previous generations did.

Do we have a connection with Gen Z?

Have companies learned to speak the language of Gen Z yet? Some companies have good experience on the subject.

Most important is the lead precisely in topics that excite Gen Z strongly - diversity, equality and inclusion, careers, employee well-being, induction training and talent attraction, as well as digital HR processes.

As a corporate citizen, the company must be exactly that – innovative, fast-growing, responsible to people and nature, strongly committed to socially significant causes and determined to contribute to a better future.

In addition to competitive pay levels, an ever-enriching benefits package that meets the needs of employees at different stages of their lives, the modern company must also invest in strong training programs that build valuable skills for the future. This way he will motivate his current team, but also attract the interest of many of the young people.

A socially responsible company

Perhaps the most recognizable example of a company's social commitment is an initiative in which a significant fund is donated to the implementation of civic ideas that seek to improve the lives of people across the country.

The various initiatives aimed at protecting the environment, which should be carried out traditionally, also receive a strong response.

The latest initiatives focus on a very important aspect of health care – conscious nutrition, which is a topic of particular importance for Generation Z as well.

Don't wait for Gen Z to seek you out, you go to them

Generation Z likes to search for information and easily get to what interests them. At the same time, however, he expects reciprocity in the relationship and believes that as important as it is for you to look for your potential employer, he should also try to find you.

Therefore, in addition to the career guidance events that companies participate in or organize, the direct way that a company would reach young talent is through specially developed youth programs oriented to different age groups of Generation Z - dual training for learners in vocational high schools, an internship program for adult students who are looking for work for the summer months, a summer internship for students who get direct experience in the various departments of the company, working on specific projects, and a training program for young graduates oriented to management positions.

Interest in them is growing, and the feedback from the participants is very positive. This, in turn, motivates companies to constantly develop these formats and provide increasingly attractive conditions with added value in the form of professional training, incentive awards and the building of a talent community.

16.02.2024

GROWTH IN JOB POSTINGS IN JANUARY

An analysis by HR company and career site JobTiger shows a rise in job offers across all sectors in January 2024.

The total number of postings is up 37 percent (11,200 more postings) compared to December 2023. On a year-over-year basis, there is a 10 percent drop, with nearly 4,500 fewer job postings than in January 2023.

In each of the sectors, a double-digit growth in offers is observed. It is the largest in the sectors "Trade and sales" (2,630 offers more, 35 percent growth), "Manufacturing" (2,130 offers more, 46 percent growth) and "Hospitality and restaurants" (1,520 offers more, 38 percent height). It is followed by the sectors "Administrative and service activities" (1310 offers more, 38 percent growth), "Logistics and transport" (980 offers more, 31 percent growth), "Health care and pharmacy" (820 offers more, 49 percent growth) , "Construction" (800 offers more, 52 percent growth), "Accounting, auditing, finance" (780 offers more, 50 percent growth), IT (580 offers more, 21 percent growth) and "Marketing and advertising" (420 offers more, 41 percent growth).

This is the first monthly growth of offers in the IT sector for the last 12 months, the company said. At the end of January, in an interview with BTA, Dobroslav Dimitrov, Chairman of the Board of the Bulgarian Association of Software Companies, indicated that the difficulties of large technology companies around the world, which are laying off employees in order to reduce costs, are reflected in the Bulgarian sector with a decline in the growth.

"We continue to grow, but not at the pace at which it happened in recent years. There was an almost instantaneous freeze on new appointments in the IT industry in Bulgaria, which was visible more or less since the end of spring last year," said Dimitrov in the interview.

On an annual basis, the trend is negative. Most sectors reported fewer offers compared to last year. The only exception is the "Healthcare and Pharmacy" sector, in which there is an 11 percent growth compared to January 2023, the company's analysis states.

Share distribution

With the largest share of advertisements in January is the "Trade and Sales" sector (24 percent), followed by the "Manufacturing" (16 percent) and "Hospitality and Restaurant" sectors (13 percent). Followed by the sectors "Administrative and service activities" (12 percent), "Logistics and transport" (10 percent), "IT" (8 percent), "Health care and pharmacy" (6 percent), "Construction" (5 .7 percent), "Accounting, auditing, finance" (5.6 percent), "Marketing and advertising" (4 percent) and "Art" (1 percent).

Work from home

The analysis of the HR company and career site JobTiger shows that offers for work from home and/or remote work also saw a growth of 26 percent. This is nearly 700 more offers than in December. As a share of the total number of ads, this type of offer occupies 9 percent of the offer in December. The distribution of this type of offer by sector is: 52 percent in the IT sector, followed by "Administrative and service activities" (18 percent), the sectors of the outsourcing industry (15 percent) and "Trade and sales" (9 percent).

Offer by city

As with the other indicators, the company reports a double-digit growth in the offers in all the leading regional cities - Sofia (35 percent), Plovdiv (36 percent), Varna (48 percent), Burgas (54 percent), Ruse (33 percent) and Stara Zagora (36 percent).

As a share distribution in Sofia, the ads are 44 percent, and in the other cities they are: Plovdiv (10 percent), Varna (8 percent), Burgas (4 percent), Ruse (3 percent) and Stara Zagora (3 percent).