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 Sunday, the minimum temperatures will be from 10 to 15°C. In Sofia, it will be around 12°C. A cold front will pass through the country. Cloudiness will be variable, often significant, and from west to east there will be short, temporarily intense..
Europe must continue to plan in a collective and coordinated manner its next steps in ensuring a just and lasting peace in Ukraine . Together with our European and transatlantic partners, Bulgaria is ready to participate in the peace and security..
Political stability in Bulgaria continues to be crucial for the adoption of the euro in 2026, writes ING think, the analytical unit of ING bank. The analysis is titled “Monitoring Bulgaria: Euro adoption is looming, but not yet a fact,” BTA reported...
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts..
The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain