The Employers Association of Bulgaria (EABG) is the umbrella organization of the major Bulgarian private companies with more than 100 employees. At present the members of the EABG are more than 90 (branch organizations, holding groups and individual companies). The total membership figure exceeds 3 000, taking into account the actual membership through the branch organizations and the holding groups. The combined turnover of these companies exceeds USD 2,8 billion. Together they employ more than 250 000 people, produce nearly 70 percent of the GDP of the country and cover virtually all sectors of the Bulgarian economy.
The Association represents the interests of its members in all economic policy matters towards parliament and government, the political parties and leading social groups.
The Association provides services for the member companies and acts as a speaker for them in their external relations.
The Association was inaugurated on April 24, 2000 in the presence of H.E. Petar Stoyanov, President of the Republic of Bulgaria and members of the government. The main aims of the Association are:
- to protect of the interests of the employers
- to strengthen the Bulgarian economy and improve its global competitiveness
- to promote Bulgarian exports worldwide
- to create a favourable taxation and investment environment
- to assist the maintenance of a reliable and safe trade
- to encourage economic cooperation with foreign organizations and partners and to promote foreign investment
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