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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Bulgaria Remains “Emerging Innovator” by EU Standards, Positive Signs Discernible

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Although Bulgaria is in the group of emerging innovators according to the European Innovation Scoreboard 2024, with an innovation index not showing much progress since 2017, the country has witnessed positive developments in innovation and entrepreneurship, according to the most recent Innovation.bg report published by the Applied Research and Communications Fund. The report was unveiled […]

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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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Prototypes and scientific developments shown at the Science for Business Forum

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Developments with the potential to become a successful business were demonstrated by the Bulgarian Academy of Sciences during the second edition of the “Science for Business” forum, which took place at Sofia Tech Park. The event was opened by the Minister of Innovation and Growth Daniel Lorer and the Minister of Education and Science Acad. […]

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Westinghouse plans to build a geothermal energy storage facility in Bulgaria

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The American company specializing in nuclear energy, Westinghouse and the Bulgarian Energy Holding (BEH) have signed a Memorandum of Understanding, which envisages the construction of a 2 gigawatt geothermal energy storage facility in Bulgaria. This was reported by Energy Storage News. With the arrival of this government, there is more and more talk of exploring the possibilities for the use of geothermal energy in households and production, and the […]

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The Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) has been launched in Sofia

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The Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) has been launched in Sofia The Institute for Computer Science, Artificial Intelligence, and Technology (INSAIT) has been launched in Sofia. INSAIT is a new Bulgarian Institute established in partnership with ETH Zurich and EPF Lausanne. INSAIT aims to become a leading international scientific institute for […]

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Plovdiv is the second IT&BPO center in Bulgaria

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Plovdiv is the second IT and BPO center in Bulgaria in terms of both number of companies and employees, which exceed 7,000. Given the trends, this number is expected to increase by nearly 5,000 people in the coming years. The Outsourcing sector is one of the fastest growing in Bulgaria and the pandemic not only […]

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Bulgarian entrepreneurs start a unique production for the European Union

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The new company PPS Manufacturing will start production of the highest class nitrile medical gloves in Plovdiv. The investment of BGN 15 million is made with the support of EU financial instruments managed in our country and is initiated by Bulgarian entrepreneurs in unison with the processes of reorganization and transformation of the local economy in […]

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BAS presents latest generation technology for transfer of scientific achievements in business

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The Central Laboratory for Applied Physics at the Bulgarian Academy of Sciences in Plovdiv demonstrated modern equipment of a new generation, which expands its scientific activity and helps dozens of companies to transfer scientific achievements. The team participates in several EU research programs and has already invested over BGN 2.5 million in new equipment and […]

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