Technology destination PLOVDIV – R&D, Startups, Outsourcing

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Technology destination PLOVDIV – R&D, Startups, Outsourcing International recognition Bulgaria is transitioning away from customer support services and moving towards more knowledge-intensive activities, such as financial consulting and reporting, R&D, technical data analysis and interpretation: 3rd MOST INNOVATIVE UPPER MIDDLEINCOME COUNTRY IN THE WORLD Global Innovation Index, Cornell, 2023 1st MOST GOLD MEDALS IN INTERNATIONAL […]

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AI in the construction sector: Bulgarian companies are already using it in their work

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Can artificial intelligence lead to a revolution in this industry? Experts and analysts in the construction sector have repeatedly predicted that artificial intelligence will play an increasingly important role in this industry in the coming years. In what way could AI change the Bulgarian construction sector? And will it lead to a revolution there? We sought […]

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Beyond Sensationalism: In 2024, ProCredit Bank transformed the way we do business

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Having shown that banks can work transparently and treat their customers as individuals, the bank is now looking to the future While other businesses are busy tallying their financial year in a flurry of transactions, ProCredit Bank is taking a retrospective look that shows its authentic image – without any hype or empty phrases. Their focus is […]

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The Bulgarian government moves forward with first-of-its-kind draft law on crypto assets

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The Bulgarian government moves forward with first-of-its-kind draft law on crypto assets Bulgaria is taking a step towards regulating the rapidly growing crypto market with the creation of the first-ever Crypto Asset Markets Act. At its meeting today, the government approved the draft law, which aims to create a clear and stable legal framework for […]

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Two Bulgarian companies joined an exclusive club of the European Innovation Council

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EIC Scaling Club aims to turn 20% of its members into unicorn enterprises. Two companies from Bulgaria were selected to join the Scaling Club of the European Innovation Council (EIC). The club in question is a community of over 120 of Europe’s most promising deep technology companies. A total of 72 new companies were enrolled […]

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Several targeted investments are planned for 2025 to support Bulgaria’s transition in the coal regions

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Over than BGN 2 billion will be secured by the Ministry of Regional Development and Public Works through the Just Transition Fund for investments in the coal regions of Pernik (Western Bulgaria), Kyustendil (Southwestern Bulgaria), and Stara Zagora (Southern Bulgaria) in 2025, the Ministry of Regional Development said. Priority 4 Initiatives for Just Transition In 2025, eight initiatives […]

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Bulgaria ranks among top countries in providing favourable environment for starting businesses – World Bank report

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Bulgaria ranks among top countries in providing favourable environment for starting businesses – World Bank report The World Bank released its Business Ready annual ranking, based on its updated survey of business conditions in 50 countries around the world. Business Ready 2024 is structured around three key pillars that reflect the opportunities for doing business […]

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BULGARIAN COMPANY INVESTS 7.5 MILLION BGN IN THE EXPANSION OF A LOGISTICS BASE IN THE VILLAGE OF RADINOVO

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The Deputy Minister of Innovation and Growth, Stefan Savov, presented a class “A” certificate under the Investment Promotion Act (IPA) to “Interlink Group” AD. The company invested BGN 7.5 million in the expansion of the “Technolink Park 2” logistics base in the village of Radinovo, part of the Trakia Economic Zone. “I congratulate “Interlink Group” […]

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Business climate indicator up 3.5% in November, M/M

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In November 2022, the total business climate indicator increased by 3.5% month-on-month, the National Statistical Institute reported on Tuesday. The indicator grew in all observed sectors – industry, construction, retail trade, and services. The composite indicator business climate in industry increased by 0.8%, due to the more favourable industrial entrepreneurs’ assessments and expectations about the […]

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Bulgaria, Romania consider building two hydro-power stations along Danube

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Bulgarian caretaker Energy Minister Rosen Hristov and his Romanian counterpart Virgil-Daniel Popescu discussed the opportunity for building two hydro-power stations along the joint section of the Danube between the two neighbours, Hristov’s ministry said in a press release. The two officials met in Athens where they take part in the 1st Athens Ministerial Energy Dialogue organized […]

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