Terziev takes office but without a chairman
Vasil Terziev was sworn in today as mayor of Sofia for the next 4-year term, as were all 61 members of the new Metropolitan Municipal Council (SOS), the 24 regional mayors, as well as the village town halls in the municipality.
Yet on the very first day of their term, Municipal councilors failed to elect a chairman after the first secret ballot. The meeting was attended by 47 municipal councilors out of a total of 61. The head of the voting committee announced that there were 4 invalid ballots, and to win, one of the candidates must collect at least 31 votes.
Boris Bonev from United for Sofia received 23 votes, but will be facing a runoff with the BSP candidate, lawyer Diana Tonova, who collected 9 votes.
Indian Infosys opens local office for 500
Indian software giant Infosys has opened a large software center in Sofia, which should employ 500 specialists within four years. The office is located in OfficeX. The Bulgarian company Infosys Limited Bulgaria already has over 90 specialists and has been actively hiring since last year.
In a statement, the company announced that the new center will allow it to "attract, retrain and upskill 500 new employees." They will work on the software giant's global projects in technologies such as Infosys Cobalt, Cloud Solutions, Infosys Topaz AI & Automation, Data and Insights, IoT, 5G and Software Engineering. There are currently job postings for 10 specialists for Sofia and one in Varna. The revenues of Infosys Limited Bulgaria for 2022 are 6.3 million levs.
Outsourcing sector growth slows down
The local outsourcing sector has provided thousands of students and young people with their first job in the last decade. The industry, which includes business services outsourced (BPO) and IT services outsourced (ITO) has steadily grown over the years.
Yet the growth seems to have stalled. In 2022 BPO companies saw a growth of 11%, which indicates the beginning of a slowdown in the industry, already strongly felt this year, reports Capital.bg. The drop in consumption across Europe is causing outsourcing companies' clients to cut back on spending, thus directly affecting Bulgarian BPO's - in 2022 most have cut staff or frozen hiring, albeit at different rates and expectations are that this trend will continue throughout 2023.