Bulgaria’s Minister of Economy Lachezar Borisov handed Class A investment certificate to the managing directors of a leading global supplier of technologies and services.
The certificate is awarded for the construction of a software engineering center on the territory of Sofia Tech Park. The investment is to the tune of EUR 4.36 million and creates 350 new jobs for highly-qualified experts, BTA reports.
The Bulgarian subsidiary of the global company aims to become a leading software supplier for car manufacturers.
There are more than 250 companies in the automotive sector in Bulgaria which is one of the branches that achieves the goals of sustainable development, Minister Borissov said.
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
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