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.
On Friday, minimum temperatures will range from 2° to 7°C , reaching up to 10°C along the Black Sea coast. In the valleys, temperatures may drop below 0°C, while in Sofia it will be around 2°C. In the morning, fog or low cloud is possible in some lowland..
In the Ukrainian city of Izmail, the refurbished monument to revolutionary poet Hristo Botev was officially unveiled today , even as air raid sirens sounded across the city, BTA reported. The ceremony, which was held as part of the Day of the..
The government's political goal is for Bulgaria to become a full member of the Organisation for Economic Cooperation and Development by the end of 2026, Deputy Prime Minister Grozdan Karadzhov told representatives of British businesses in Bulgaria...
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
Partly Cloudy
Clear