The idea of »Virtual Education Network« for Austrian companies in Bulgaria has been formulated and supported by the Austrian Federal Ministry of Labour, Social Affairsand Consumer Protection and the Bulgarian Ministry of Labour and Social Policy in 2012. The Qualification Network represents an alliance of at least 3 companies, based on a partnership agreement, that wish to improve their employees qualifications, as well as their human resources standard, in general as well as jointly plan and implement training/qualification sessions of their employees. Achievements: The "Virtual Education Network for Austrian Companies in Bulgaria" aimed at supporting Austrian companies in Bulgaria with boosting competitiveness of their personnel, by setting up of a qualification network (QN) in Sofia. A QN is a cluster-like alliance of at least 3 companies that share the common goal to increase the professional level of their employees, by means of jointly planning and implementing corresponding training measures.The project was finalized in May 2014, and benefited from financial support from the Austrian Federal Ministry of Labour, Social Affairs and Consumer Protection and the Bulgarian Ministry of Labour and Social Policy (MLSP), as well as from technical assistance granted by the consultancy company ÖSB Consulting GmbH.Five Austrian companies in Bulgaria joined the Qn, which was set up in June 2013. With the support of MLSP, a 50% co-financing for trainings for Qn members was made available from the national Budget, with qualification measures being carried out in 2014.