The global company Equinix opened its second data center in Sofia. The investment is to the tune of USD 19 million. Its purpose is to help business adapt easier and quicker to the IT infrastructure. The building will use 100% green energy like the first center of the company built in the Bulgarian capital in 2016. The new facility is expected to encourage investors to expand their business towards Eastern Europe and the Middle East. The center will ensure connectivity between the company and its partners and guarantee easy transition to cloud technologies and access to the markets across the globe. The new facility will allow clients from the region to fulfill their strategy for digital transformation.
The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..
Bulgaria is among the largest producers of lavender oil in the world. Nearly 100% of it is export-oriented. The highest demand is in the USA, Germany, France, Austria, The Netherlands, India, Great Britain, Spain, Canada, Marocco,..
The National Statistical Institute (NSI) expects a high evaluation from the inspection of the Organisation for Economic Co-operation and Development (OECD), said NSI President Assoc. Prof. Dr. Atanas Atanasov. A report will be released by the end..
In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the..
In March 2024, 1,518 people in Bulgaria had deposits of more than BGN 1 million, while in March 2023, 1,277 Bulgarians had such deposits, according to..
According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025..
Scattered showers
Cloudy
Mostly Cloudy
Overcast, rain