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.
In recent weeks, the low level of the Danube has not impacted the normal operation of Bulgaria's sole nuclear power plant, Kozloduy, which comprises two units. This information was announced in a press release by the plant. On 4 July 2025, the..
One person was arrested by the police for hooliganism during the protest in defence of the Bulgarian lev organized by the "Vazrazhdane" party, held in Sofia this afternoon, the police reported. Another protester was taken away by the..
Dance troupe "Bulgarica" from Illinois, USA, will present the diversity and magic of Bulgarian folk dances at the Wheeling International Festival 2025 - an event that brings together cultures from all over the world. The festival..
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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