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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...

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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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In 2017, the average annual salary in the IT sector was been 23,000 euros. Expectations are in 2018 years to reach 24-25 thousand euros. This means that the average monthly salary is over 2000 euros. The data are from the Annual Report on the Industry Development of the Bulgarian Outsourcing Association (BAA)....

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The Swedish company Stillfront Group acquired the online developer of online games Empire Online for 10m euros.
Founded in 2009, Imperia Online is one of the leading gaming companies in Southeastern Europe....

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The Financial Times will open a development center for information technology in Bulgaria. The company will hire a hundred people within one year. Bulgaria is chosen because it meets the FT requirements to the fullest extent....

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