Ukranian Entrepreneurship in Bulgaria in the Period 2020-2025 Cover Image

Украинското предприемачество в България в периода 2020-2025
Ukranian Entrepreneurship in Bulgaria in the Period 2020-2025

Author(s): Olga Leonova
Subject(s): Social Sciences, Economy, National Economy, Business Economy / Management, Sociology, Migration Studies
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: immigrant entrepreneurship; regional differences
Summary/Abstract: Immigrant entrepreneurship has been the subject of academic research for decades, but the last two wars — in Syria and Ukraine—provide an opportunity for a so-called "natural experiment" to analyze how refugees choose entrepreneurship as a strategy for coping in a foreign country. The escalation of the military conflict in Ukraine after February 2022 resulted in nearly 6 million refugees (according to UN data) in various countries. The escalation of the military conflict in Ukraine after February 2022 resulted in nearly 6 million refugees (according to UN data) in various countries. There are about one million refugees in Poland, who have founded just under 100,000 businesses. Gavel and Marcinkowski (2025) examine the processes of economic integration and formalization of entrepreneurship among Ukrainian immigrants. Bulgaria has also seen significant growth in new companies registered by Ukrainians. In the first year of the war, there were more than three times as many companies as in 2021, and in the first nine months, there were already 6.5 times as many companies. New Ukrainian companies are now in first place compared to other foreign companies, overtaking traditional entrepreneurs from Turkey, Greece, and Italy.

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