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.
Caretaker Prime Minister Dimitar Glavchev rejected the request of PP-DB to be heard in the National Assembly and will not speak at today's parliamentary session. The coalition insisted that the prime minister explain the reasons for the dismissals and..
Owners of photovoltaic plants have closed the main road Ruse-Sofia at the main junction close to the village of Yassen in protest against "high balancing prices". "The prices for balance and non-balance are almost equal. They are higher than..
On June 26, people around the world are encouraged to take an active stance against the spread of drug addiction. On the occasion of the International Day against Drug Abuse and Illicit Trafficking, municipal institutions in Sofia, with the..
The Bulgarian Development Bank (BDB) is starting "unlimited" financing for the country's defense industry. According to caretaker Minister of..
Caretaker Minister of Interior Kalin Stoyanov is attending the ministerial conference of the Salzburg Forum countries in Vienna, the Ministry of..
Wednesday will be mostly sunny, with clouds developing over the western half of the country in the afternoon. There will be brief showers, thunderstorms..
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