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.
Interior Minister Daniel Mitov told reporters that migrant pressure and attempts to cross the Bulgarian-Turkish border illegally are decreasing . He said that compared to 2023, attempts at illegal crossing had decreased by around 70%. The minister..
The plenary debate on the third motion of no confidence against Rosen Zhelyazkov's government, proposed by the Revival party, has concluded . According to the National Assembly's rules, the vote must take place at least 24 hours after the debates end...
The European Commission has announced that the EU will invest nearly €37.5 million in the construction and modernisation of six parking areas with a total of 816 spaces for heavy goods vehicles. According to BNR correspondent in Brussels Angelina..
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..
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..
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