Kristalina Georgieva is the new managing director of the International Monetary Fund. Georgieva is a former executive director of the World Bank. She held a number of senior positions in the European Commission....
The World Bank opened a Shared Services Center in Sofia Tech Park at the end of July. More than 300 high-tech specialists will work in it. The center in Sofia will provide an opportunity for continuity of activities in providing services in the field of information technology, financia...
The Financial Times (FT) announced the relocation of FT Specialist, a major product development and technology development team in Sofia. By the end of 2019, FT is expected to open another 30 new positions for software engineers...
The investment project envisages the construction of a new production plant in the town of Vratsa, which will consist of production and logistic buildings, and offices with a total built-up area of 9 950 sq. m. worth almost 22 million leva.

The company will produce data cables and electronic components, coax...
Bulgaria is negotiating with Volkswagen to open a plant that may be on the site of the former Kremikovtzi metallurgical plant. The plant is planned to be opened by 2022, but Bulgaria is not the only country to fight for it. Competitors are Serbia and Romania.
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Over 500 companies are operating in the outsourcing sector in Bulgaria in 2018. They form about 3% of the employed and 5% of Bulgaria's GDP. While maintaining this positive trend, by 2021 the relative share of outsourcing in the GDP of Bulgaria is expected to reach 8 % and the number o...

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