In the next two years, US IT company AtScale will be investing 20 to 25 million dollars in its new engineering facility in Sofia. Teams working in Bulgaria will have the opportunity to develop their own, independent products, it was reported.
The investment is the beginning of the European expansion for "AtScale", which is financed by a loan from "Morgan Stanley" totaling 50 million dollars. Co-founder of the company Matthew Baird told Bloomberg TV Bulgaria that the company would start hiring a team of 50 people. The team will be growing by another year in a year.
Minister of Culture Marian Bachеv welcomed participants to the 47th session of the UNESCO World Heritage Committee , which is being held under Bulgaria's chairmanship at the international organisation's headquarters in Paris. The session is being attended..
From July 7 to 20, the Bulgarian Navy is conducting the 29th edition of the national naval exercise BREEZE 2025 with international participation , the headquarters of the Bulgarian Navy announced. The exercise is taking place in the territorial..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB announced on its website. The coin is part of the "Bulgarian National Revival" series. The silver..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
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