Bulgarian firms owe 34.7M leva in overdue salaries – report

Written by on September 10, 2013 in Business - No comments

A total of 877 Bulgarian firms owed 34.7 million leva in overdue salaries to their 36 500 employees, Bulgarian daily Standart reported, quoting statistics from the Chief Labour Inspectorate.

Last year, the inspectorate installed software that tracks overdue salaries, the newspaper said. According to this tracker, in the first eight months of the year, Bulgarian firms paid about 39.4 million leva worth of salaries with some delay.

The labour inspectorate declined to name and shame the worst offenders, instead giving figures by sectors. The most money was owed by companies in the construction sector, followed by metal manufacturing, transport and health care.

In about half of the cases, salaries are late by one month or two, but in 11 per cent of the firms tracked by the inspectorate, the delay reached up to 30 months.

(Photo: Clive Leviev-Sawyer) 

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