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Bulgaria lands in Top 20 of global outsourcing destinations

November 24th, 2005 › Outsourcing News › admin ›

Bulgaria has debuted in A.T. Kearney's annual ranking of the leading offshoring locations for service activities. The country ranked 15 out of 40 destinations that are part of the Global Services Location Index.

In the next year, the country's outsourcing operations are expected to increase by 30-40% according to Zlatolina Mukova from local company Sofica Group.

Bulgaria offers highly skilled, low-cost labor and good production quality said Stoyan Neshev, Siemens Bulgaria manager. Moreover, Siemens is expected to announce Bulgarian companies that will receive outsourcing contracts for its productions activities.

Additionally, Slovakia and Romania also entered the list reflecting the current trend towards high skills, low-cost locations in Eastern Europe.

Image Source: www.sights-and-culture.com