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.
On Wednesday , the lowest temperatures will be between 3 and 8°C. In the regions with strong wind it will be up to 10-12°C. In Sofia it will be around 4°C. In the western parts of the Danube Plain and the Upper Thracian Plain it will..
Following a series of fires in the Burgas area last summer, including one that destroyed homes in a local villa district, the Burgas municipality has acquired high-tech drones equipped with thermal cameras, night vision, and 3D imaging . The two..
Illegal migrants from Syria, Iraq and Iran have been discovered in Sofia, and ten members of an organised criminal group have been arrested , Deputy City Prosecutor Desislava Petrova told reporters. Two of those arrested have been charged as the..
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