ruse

THE POWER OF
THE MANPOWER

HIGHLY EDUCATED AND
QUALIFIED PEOPLE

HIGHLY EDUCATED AND QUALIFIED PEOPLE

Ruse is an attractive center for people and businesses looking for a good quality of life and optimal costs. In recent years, economic activity in the region has steadily increased, accompanied by employment growth. Ruse is among the regions that meet the national employment target, and its further increase will depend on the activation of economically inactive individuals and their (re)qualification, as well as reversing the trend towards net emigration and even importing workforce from abroad.

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One of the biggest advantages of Ruse is the highly educated and skilled workforce that lives here. The region ranks among the leaders in the country in terms of the share of the population with higher education, while the share of people at working age with primary and lower education is only 11% – the second lowest in Bulgaria after the capital. Ruse is also among the regions with the highest index of correspondence between vocational education and labor market needs.

 

The comparatively short distances and the well maintained road network of Ruse are

convenient for people who commute to work and live in neighboring regions.

The increase in the average gross salary in the private sector is between 14% and 17% on an annual basis in the period 2021-2024. Despite the growth, it remains lower compared to other economically well-developed regions in the country,

which gives businesses located in Ruse an additional competitive advantage.

Average monthly gross salary in Ruse region
in the private sector (EUR)

Average wage levels in some of the significant sectors
of the local economy

 

According to NSI data, the employer‘s cost for

one hour worked by their employee in 2023 was on average 7.45 euros, distributed as follows:

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    salary – 80.44 %;

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    social and health insurance contributions – 15.37 %;

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    compensations – 1.51 %;

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    other social expenses and bonuses – 2.68 %;

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    tax on social expenses – 0.0 %.

 

In the recent years, the preferences of the employees in Ruse are changing and their main focus is no longer on wages only.

Social benefits such as the possibility for remote work and flexible working hours, professional development, additional health insurance and number of days paid annual leave,

discount cards for products and services are becoming of greater importance.

INVESTMENT PROFILE
OF RUSE MUNICIPALITY

 

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© Photos: Yavor Michev