“Sofia Tech Park is working with a leading European quantum computer and programming research and development centre. We are hoping that by June it will be among the world’s 500 top high-performance computers,” Petar Statev, chairman of the Sofia Tech Park supervisory board and of Cluster Information and Communication Technologies said for Bloomberg TV Bulgaria.
By building the first 5G base testing station Sofia Tech Park is helping young entrepreneurs develop smart networks. Petar Statev explained that whereas the basic 5G technologies are developed by three major companies, with smart networks there is no dominance and innovative companies can make their mark in this sphere.
The National Assembly postponed the discussion and voting of the most important fiscal law of the land – the national budget for 2025 – for next year. “If we do not have an approved budget by 19 January, then everything in the country will grind to a..
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB)..
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