Sofia ranks 86th among 1 000 cities across the world in the StartupBlink Global Ecosystem Rankings 2020

Sofia climbed two positions – tо 86th place among 1 000 cities in this year’s Global Ecosystem Rankings 2020 by StartupBlink – a leading international startups and research centers platform. A case study presents Sofia and the entrepreneurial ecosystem in the city in the deep dive section of the report. For its annual review, StartupBlink has reviewed […]

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Bulgaria is among Europe’s leading bicycle manufacturers

Bulgaria is one of the leading manufacturers of bicycles, holding the fifth position in Europe in this indicator. A boom in recent years in Bulgaria has been registered in the production of electric bicycles. The sector turned out to be one of the few in Bulgaria that did not suffer during the coronavirus crisis, even reporting […]

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NSI poll shows slight recovery in business sentiment in Bulgaria in May 2020

Business sentiment in Bulgaria staged something of a recovery in May 2020 after plummeting in April to its lowest level in 23 years, according to the results of a monthly poll by the National Statistical Institute (NSI) on May 29. The total business climate indicator marked a positive change in comparison with the past three […]

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Trade and economic relations between Bulgaria and Azerbaijan discussed at an online event

The trade and economic relations between Bulgaria and Azerbaijan were discussed during an online event organized and held by the Bulgarian Chamber of Commerce and Industry with the active participation of the Embassy of Azerbaijan in Sofia. The President of BCCI Tsvetan Simeonov opened the event and said that it was the first of a […]

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Foreign investments in Bulgaria Increased by EUR 100 million in the first quarter of 2020

According to data of the Bulgarian National Bank, foreign investments in Bulgaria increased by EUR 100 million in the first quarter of 2020 compared to the same period of 2019. By the end of March, more than EUR 254 million were invested in the Bulgarian economy. Due to the coronavirus pandemic, there has been a threefold […]

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A researcher from IEES-BAS is among the ten outstanding young persons in Bulgaria for 2020

Dr. Elitsa Petkucheva, Research Associate in the department “Hydrogen systems with polymer electrolyte” at the Institute of Electrochemistry and Energy Systems (IEES-BAS), is a finalist in the category “Science and/or technological development” of the program “The Outstanding Young Persons of Bulgaria 2020”, part of the international movement Junior Chamber International (JCI). A total of 64 […]

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Temporary exceptions to the rules in international road transport

The European Commission approved Bulgaria’s requests for temporary exceptions (derogation) to the rules in international road transport. This was announced during today’s videoconference of transport ministers of the European Union on the impact of COVID-19 on the transport sector. At the proposal of the Minister of Transport, Information Technology and Communications Rossen Jeliazkov and in […]

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Sofia’s pilot project is published on the European Commission’s PolicyCLOUD Program Website

Sofia team is working on a pilot for the use of the European cloud infrastructure by the public administration and the pilot project for Sofia is already on the European Commission’s PolicyCLOUD program website. With the participation in the project, Sofia Municipality will be able to perform simulations, tests and analysis of potential policies, using […]

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Eight Sofia-based companies among FT1000’s fastest growing companies in Europe

The Financial Times included 12 Bulgarian companies in FT1000 – its report on Europe’s fastest growing companies in 2020. The report has been compiled in collaboration with Statista for a fourth consecutive year. Eight of the included Bulgarian companies are based in Sofia and operate in the sectors of technology and consulting services. A total of 268 […]

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