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.
Around 835 trees will be planted through the #ForestInTheNeighborhood initiative of the Sofia Municipality . For this purpose, volunteers and donors will choose from 53 locations in 11 districts of Sofia. “The initiative is a great opportunity for..
Banks have invested 400 million leva in preparing their systems for a smooth transition to the euro , announced Petya Dimitrova, chairwoman of the Association of Commercial Banks. She also recalled some of the benefits of the transition to the single..
Hundreds of people sent Marin Marinov, the UN employee who died in Gaza, on his last journey . The service at the St. Nicholas Church in Yambol was attended by his relatives, friends and colleagues from the world organization, as well as representatives..
Today is the last day of operation of Bulgaria's second largest coal-fired power plant, ContourGlobal Maritsa East 3 TPP. From tomorrow, 130 of the..
The increase in vignette prices will take effect on May 1, while the new higher toll fees for heavy goods vehicles and buses will take effect on April 1..
The sea waves have pushed the oil ashore, which was released by a ship in the waters near Varna on the morning of March 31. The pollution was localized..
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