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.
The National Assembly has temporarily banned the export and intra-EU delivery of petroleum products, mainly diesel and aviation fuel. The decision was approved with 135 votes in favour, 4 against, and 42 abstentions, following a proposal submitted by..
Passenger rail transport in the EU grew by 5.8% in 2024, according to data published today by Eurostat. Last year, trains carried a total of 443 billion passenger-kilometres, the highest level recorded since the start of Eurostat’s observations in 2004...
An inspection has uncovered numerous violations following the recent flood in the Elenite resort complex. No records of environmental approval for the construction in Elenite were found in the archives of the Ministry of Environment and Water, Minister..
On the Day of National Awakeners, the Presidential Administration will open its doors to citizens. Today, at 10:30 a.m., a ceremony to..
On 1 November, Bulgaria’s National Awakeners' Day, Sofia’s Gina Kuncheva Square will come alive in a truly remarkable way. From midday, the Oborishte..
A number of events are being held throughout Bulgaria to mark the Day of National Awakeners. On the day we pay tribute to the Bulgarian..
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