Bulgaria has been recognized as the outsourcing destination of the year by the European Outsourcing Awards, the InvestBulgaria Agency reports. This country has been nominated among Top 3 destinations, competing with Latvia and the Republic of South Africa. More and more international companies enter this market and the software industry forms 1.74 percent of the GDP, the agency underlines. The IT and outsourcing sector has opened 41,000 new jobs over the past 12 months. Bulgaria is attractive for its good experts, their language skills, the low production expenses and its EU membership.