Podcast in English
Text size
Bulgarian National Radio © 2024 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

Mayors from Kyustendil district call for the accelerated construction of Corridor No 8

Chairpersons of municipal councils from Kyustendil district gathered at the railway station in Gyueshevo to declare their desire for the accelerated construction of the road and railway route of Corridor No. 8. The Chairman of the Kyustendil..

published on 12/3/24 1:47 PM
Stoyan Mavrodiev

Appelate Court-Sofia upholds the European arrest warrant for former BDB Director Mavrodiev

The Appellate Court- Sofia  upheld the decision of the Sofia City Court, which granted the prosecution's request to issue a European arrest warrant for former Bulgarian Development Bank Executive Director Stoyan Mavrodiev. While in the previous..

published on 12/3/24 1:24 PM

Bulgarian students win European competition on international law

The team of Second English Language School "Thomas Jefferson" in Sofia won the sixth edition of a European law contest for students, which was held in Romania, the Ministry of Education has reported. At the contest, students simulate a trial on cases..

published on 12/3/24 10:25 AM