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Welcome to the Balkan Silicon Valley

At the moment, Bulgaria and Romania seem to be competing for the title of the Balkan Silicon Valley. Both countries have created an environment that is ideal for creative technological development and web development workers. At Paiyak Development, we are obviously hoping that Bulgaria takes the title and attracts the creative startups and talent from the Balkans and all of Europe.

Here is an infographic we created to show you exactly why Bulgaria is posed to become the Balkan Silicon Valley.

Sources:

[1] Republic of Bulgaria National Statistical Institute: Average Annual Population 

[2] Republic of Bulgaria National Statistical Institute: Number of Employed Persons

[3] NYT: Bulgarians Linked to Computer Virus

[4] 2014 A.T. Kearney Global Services Location Index

[5] Bulgaria Is Europe’s Silicon Valley 

[6] Talent and EU Money: A Snapshot of Burgeoning Startups In Bulgaria and the Balkans

[7] Republic of Bulgaria National Statistical Institute: Average Monthly Wages and Salaries

[8] Europe Cost of Living Index By Country 2015