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.
Minister of Culture Nayden Todorov awarded a Guardian of Heritage certificate to archaeologist Professor Lyudmil Vagalinski for his significant contribution to the discoveries made in the ancient city of Heraclea Sintica near Petrich...
Acting Prosecutor General Borislav Sarafov is paying a working visit to the US , at the invitation of the Federal Bureau of Investigation (FBI), as an expression of Sarafov’s commitment and long years of cooperation, ever since the time he was..
Austria has lifted its veto on Romania and Bulgaria’s full membership of the Schengen area, the Austrian Ministry of Interior has announced. “We can take the next step at the EU (Justice and Home Affairs) Council,” Interior Minister Gerhard..
It is too early to predict how the events in Syria would affect the war in Ukraine. This is what EU Defense Commissioner Andrius..
Hundreds of miners protested outside the Council of Ministers while an extraordinary meeting of the National Council for Tripartite Cooperation was..
"I am addressing a question to the Prime Minister regarding information that on November 26 this year, a group of Bulgarian citizens was on trial in..
Mostly Cloudy
Partly Cloudy