Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria attracts more and more investments in IT sector

Bulgaria, which is the poorest country in the EU, attracts a large volume of foreign green-field investments in the information and communication technologies, Financial Times writes. In four years, the volume of these investments increased five times and the sales in this sector amounted to USD 3.2 billion in 2018. The technological center of Financial Times opened in April 2019 in Bulgaria’s capital Sofia, which employs 110 people, also contributed to this positive development. Facebook and the World Bank, which also opened offices in Bulgaria’s capital, are among the latest investors in the ICT field. Bulgaria’s software and ICT services sector welcomed a record-high of 16 foreign investment projects to the tune of USD 240 million, mainly in Sofia, Financial Times notes.




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

Link 22 communication systems will be used on new Bulgarian military ships

The Defence Committee has approved the purchase of Link 22 communication systems for the new Bulgarian military ships . The deal totalling over 1.35 million euros is being submitted for approval in parliament, as the 2025 budget is..

published on 2/6/25 9:20 AM

Tunnel boring for Sofia’s metro line 3 expansion starts

The official start of the work of the “Vitosha” tunnel boring machine for the expansion of Line 3 of the capital's metro to the "Slatina" district is on February 6. The machine will depart from the metro station at Tsarigradsko Shose..

published on 2/6/25 7:55 AM

A peak in Rila now bears the name of Everest hero Lyudmil Yankov

The fourth highest peak in Rila, previously known as the Nameless Summit, will now bear the name of mountaineer Lyudmil Yankov, in memory of the late Bulgarian mountaineer and hero of the Bulgarian expedition to Everest in 1984 . This change is made..

published on 2/6/25 6:10 AM