“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.
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
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