In the next two years, US IT company AtScale will be investing 20 to 25 million dollars in its new engineering facility in Sofia. Teams working in Bulgaria will have the opportunity to develop their own, independent products, it was reported.
The investment is the beginning of the European expansion for "AtScale", which is financed by a loan from "Morgan Stanley" totaling 50 million dollars. Co-founder of the company Matthew Baird told Bloomberg TV Bulgaria that the company would start hiring a team of 50 people. The team will be growing by another year in a year.
Bulgaria’s President Rumen Radev met with the Ambassador of the State of Palestine to Bulgaria, Nasri Khalil Salim Abu Jaish. Rumen Radev welcomed the agreement reached on a ceasefire in Gaza and the release of the hostages . President Radev expressed..
The Sofia City Council has suspended two of the night bus lines – N3 (from Levski G to Ovcha Kupel 2) and N4 (from Druzhba 2 to Gotse Delchev) . The other two lines – N1 (from Lyulin 1 and 2 to Mladost 4) and N2 (from Obelya to Student's Town)..
Stabilising state finances will be the main task of the Finance Ministry, its new head Temenuzhka Petkova said at her inauguration as minister. The only woman minister in the new cabinet, Petkova said that Bulgaria had an opportunity to introduce..
The Bulgarian satellite Balkan-1 has been launched into Earth orbit to transmit data for the EU's Copernicus programme . The satellite is a development..
Bulgaria has no errors in the absorption of EU funds in agriculture and natural resources for 2023, according to the annual report of the European..
The Department ''Economics of Natural Resources'' and the Scientific Research Center for Agrarian Business and Nature Use at the University of National..
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