Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

US IT company investing in new engineering office in Sofia

Photo: BGNES

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.


Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rosen Zhelyazkov

Prime Minister Zhelyazkov reports on the first 100 days of the government

It is very important, when we talk about the first 100 days of the government, to note that it adopted its program, the state budget and passed two votes of no confidence, Prime Minister Rosen Zhelyazkov said. At the opening of the meeting of the..

published on 4/23/25 11:35 AM

Memorial plaque in honour of Dimitar Peshev unveiled in Washington

The Bulgarian Embassy in Washington organized an official ceremony to unveil a memorial plaque in honor of Dimitar Peshev, Deputy Speaker of the National Assembly in the period 1940–1943. He initiated the action against the..

published on 4/23/25 11:17 AM

India is a key partner of Bulgaria in Asia

Deputy Prime Minister Atanas Zafirov has met with Ambassador of India to Bulgaria, Arun Kumar Sahu, and discussed the possibilities for deepening the strategic partnership between the two countries. "India is a key partner for..

published on 4/23/25 11:01 AM