“Sofia Tech Park is working with a leading European quantum computer and programming research and development centre. We are hoping that by June it will be among the world’s 500 top high-performance computers,” Petar Statev, chairman of the Sofia Tech Park supervisory board and of Cluster Information and Communication Technologies said for Bloomberg TV Bulgaria.
By building the first 5G base testing station Sofia Tech Park is helping young entrepreneurs develop smart networks. Petar Statev explained that whereas the basic 5G technologies are developed by three major companies, with smart networks there is no dominance and innovative companies can make their mark in this sphere.
The average price of apartments sold in Sofia in the third quarter of 2025 reached €2,310 per square metre , marking an annual increase of 25.5%, according to data from Bulgarian Properties. While new developments remain popular, limited supply and..
Natural gas prices in Bulgaria are set to fall by just over 4% in December , significantly higher than the previously forecast 1% drop, according to calculations by state-owned supplier Bulgargaz, reported BNR correspondent Yuliyana Kornazheva. This..
The Executive Board of the International Monetary Fund (IMF) has concluded the 2025 Article IV Consultation with Bulgaria. According to the IMF’s procedure for assessments and recommendations, domestic demand is driving a robust expansion of the..
Cloudy
Mostly Cloudy
Partly Cloudy
Fog