A leading Indian high-tech company is seeking to invest in the construction of a data storage centre in Plovdiv. This transpired after a meeting between deputy mayor Stefan Stoyanov and representatives of Plovdiv Tech Park, BNR-Plovdiv reports.
“Plovdiv is one of the fastest developing cities, in terms of economy, in the entire region of Southeastern Europe. There are hundreds of international companies operating here, mostly in machine building and the automotive industry,” Stefan Stoyanov said, and added that the region continues to be a leader and to attract people – including foreigners, their number having reached 20,000.
The company’s data storage network has over 600 centres. Its intentions now are to enter Europe via Plovdiv.
In the second quarter of 2025, Bulgaria recorded the second-highest GDP annual growth in the European Union with a rise of 3.4% compared to the same period last year, according to Eurostat data. Compared to the previous quarter of 2025, Bulgaria..
Bulgaria’s state budget for 2025 does not add up. “The genie is out of the bottle – the state has never spent at such a pace,” warn financial experts. With only a few months left in the year, and despite the strenuous efforts of institutions such as the..
Bulgaria’s state gas supplier Bulgartransgaz has been “decapitalised” by a contract with Turkish company Botaş, Energy Minister Zhecho Stankov warned on Thursday, saying the deal could also threaten gas supplies to local district heating companies...
Mostly Cloudy
Partly Cloudy