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.
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index..
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