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

There is no danger to the ecosystem after the oil spill near Varna

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 between two jetties, and the oil has been successfully collected. In an interview with BNT,..

published on 4/1/25 11:12 AM
Dimitar Manolov

Confederation of Labour Podkrepa: A new approach is needed for salaries in the public sector

"A completely new approach is needed regarding remuneration in the public sector'', the President of the Confederation of Labour Podkrepa Dimitar Manolov said in an interview with BTA. Dimitar Manolov emphasized that the current pay model is extremely..

published on 4/1/25 10:10 AM

The Museum of Humor and Satire in Gabrovo marks April Fools’ Day

April Fools’ Day will be marked with a rich festive program at the Museum of Humor and Satire in Gabrovo. The institution is celebrating 53 years since its founding today and, as tradition dictates, will showcase the town's generosity with free events..

published on 4/1/25 9:28 AM