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.
Only 5% of prisoners in Bulgaria find work after serving their sentence . According to the Varna-based Altruist Association, quoted by BNT, 75% return to prison within the first year, mostly for theft. Experts from the organisation stress the need for..
The Energy and Water Regulatory Commission has approved the price of natural gas for April at 38.39 EUR/MWh, excluding access, transmission, excise and VAT prices. At this price, Bulgargaz will sell natural gas to end suppliers and..
The second-largest thermal power plant in Bulgaria, ContourGlobal Maritsa East 3, will retain its employees at this stage. This was what the executive director of the power plant, Vasil Shtonov, told BNR Stara Zagora. Today, the..
Housekeepers (76%), cooks (68%), receptionists (57%), waiters (50%), bar tenders (26%) and technical staff (23%) are in demand most for the tourist..
Protests will take place in front of the court houses in Sofia, Varna, Plovdiv, Burgas and Stara Zagora against pedophilia and crimes against children...
The upgrade of the Bulgarian supercomputer Discoverer has been completed successfully, and the machine now has new systems capable of additional..
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