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 good quality
of life and optimal costs. In recent years, the economic
activity in the region has steadily increased, accompanied by employment growth
and a decline in unemployment. Ruse is among the regions that meet the national 
employment target, and its further increase will depend on the activation of economically
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 are the highly educated and skilled 
workforce that lieves here.
The number of people with higher education in working age is above the
national average, and in this regard, Ruse ranks second (31.2%), surpassed only by the capital Sofia (56.8%).

 

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.

Salaries in Ruse region have been increasing in the last few years.
The increase in the average gross salary in the private sector is between 4% and 15.8%
on an annual basis for the period 2019-2021. 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 2021 was on average of € 5.72
distributed as follows:

 
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    salary – 81.59 %;

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    social and health insurance contributions – 15.54 %;

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    compensations – 1.42 %;

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    other social expenses and bonuses – 1.42 %;

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    tax social expenses – 0.3 %.

 

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