“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 draft state budget was adopted in first reading by the National Assembly on November 21. However, the planned changes in the financial framework for 2026 triggered an open clash between the ruling coalition, led by GERB party, and the opposition..
KBC Group expects the Bulgarian economy to grow slightly more next year in comparison to its previous forecasts, according to the conclusions of the Belgian financial group's latest assessments of the economies of Central and Eastern..
Foreign direct investment (FDI) in Bulgaria posted the largest net inflows from the Netherlands, Italy and Greece in the first half of 2025, the Bulgarian National Bank (BNB) said. Net FDI inflows totalled €554.9 million from the Netherlands, €325.2..
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