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.
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..
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..
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..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
T he Federation of Consumers in Bulgaria, the movement “The system is killing us” and the Allied Pensioners Unions have called for a boycott of the high..
Europe will have to reform its governance structures so as to speed up the decision-making process and mobilize its resources, said President Rumen..
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