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Sofia Named Best Partner in Technology Sector

Sofia Named Best Partner in Technology Sector

At the end of June, Sofia Municipality was awarded the Partnership and Provision of Best Conditions for Growth in the Technological Sector in Bulgaria by the Bulgarian Outsourcing Association (BAA) and the Bulgarian Association of Software Companies (BASSCOM). At an official ceremony of the second edition of the Innovations, Technology & Sourcing Awards, BAA and BASSCOM recognized the efforts and …

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BUSINESS

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Sofia-Airport-ANNIES=award

Sofia Airport Conferred an Award for Fastest Growing Airport in Europe

On July 20 Sofia Airport was awarded the first prize for fastest growing traffic in the category from 3 to 5 million passengers from the online magazine for aviation news and analysis www.anna.aero. The EURO ANNIES award was given because of a record increase of 21.8% of passengers in 2016. The awards are given for the eighth consecutive year after …

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New Buses for Sofia Public Transport

New Buses for Sofia Public Transport

Sofia Municipality plans to gradually launch 60 new gas buses on public transport lines. Buses have a capacity of 100 people and 32 seats. Vehicles are equipped with accessibility platforms, air-conditioners, cameras for the safety of driver and passengers, as well as information boards to help travelers. Public transport in England, Italy and Spain benefits from the same class of …

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€86.6 million EU Funds for the Construction of the Metro Line 3 in Sofia

€86.6 million EU Funds for the Construction of the Metro Line 3 in Sofia

A new investment package worth €86.6 million from the European Regional Development Fund (ERDF) adopted earlier this month will finance further works on the western part of the third line of the Sofia Metro, Sofia Municipality announced. The funding will be used to build four new underground stations on a 4 km-long section, from the city centre (Zhitnitsa Street) to …

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electric-power-supply

Bulgaria Has its First Main Road with Full Electric Vehicle Charging Coverage

Since June this year, Bulgaria has its first interurban main road with full charging coverage for electric vehicles. The road from Sofia to Kulata, the busiest route to Greece, is secured with 3 charging stations. This makes the road to our southern neighbor possible for every serial electric vehicle. A new rapid charging station in Sandanski has been opened as …

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Bulgaria Eases Labour Market Access for Foreign Specialists from non EU Countries

Bulgaria Eases Labour Market Access for Foreign Specialists from non EU Countries

Last month the Deputy Prime Minister for Economic and Demographic Policy Valeri Simeonov announced planned simplifications in the procedures for hiring specialists from outside the European Union via the so called “EU Blue Card”. Part of the document requirements for candidates will be removed and employers will no longer be obliged to publicly announce vacancies. According to the most recent …

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Bulgaria Shows Slight Growth in 2016-2017 Competitiveness Report of the World Economic Forum

Bulgaria Shows Slight Growth in 2016-2017 Competitiveness Report of the World Economic Forum

Bulgaria went up 4 positions in the Global Competitiveness Report for 2016-2017 of the World Economic Forum. According to the organization’s assessment, our country ranks 50th out of 138 countries in terms of business development conditions. The report points out that problem factors for the business are corruption, inadequate training of staff against business needs and infrastructure problems. The indicators …

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ENTREPRENEURS

"Why Sofia?" with Nikolay Mutafov, CEO of Accedia

"Why Sofia?" with Nikolay Mutafov, CEO of Accedia

Nikolay Mutafov is co-founder and CEO of Accedia - a successful Bulgarian company and one of the fastest growing in the technology sector. Five years after the establishment of the company in Sofia, Nikolay still believes that "...if put into the right business field, your investments could turn to be more cost effective than those made in other regions."

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Inno-Energu-PowerUp-Competition

Bulgarian Startups in the Energy Sector Can Apply for Funding in the PowerUp! Competition

On June 19, InnoEnergy, supported by the European Union for Innovation and Technology to the EU, opened the application procedure for the third edition of the PowerUp! competition. Innovative projects in the sustainable energy sector from Central and Eastern Europe can take part in the funding competition. The program is interested in ideas that could have global impact and may …

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Walltopia and BulgariaSat1 - Successful Projects

Walltopia and BulgariaSat1 - Successful Projects

BulgariaSat1 On July 5, the first Bulgarian geostationary communication satellite BulgariaSat-1 reached its orbital position. The facility is an investment of BulgariaSat, which is part of Bulsatcom Group. The satellite was launched by the US technology giant SpaceX of billionaire Elon Musk on June 23 from a rocket platform at NASA’s Kenedy Space Center in Florida. If the tests are …

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Microsoft-Innovation-Center

Microsoft Innovation Center Hosted the Sixth Startup Graduates of Start It Smart Program

The sixth season of the Start It Smart pre-acceleration program ended with 6 teams presenting their projects to audience and investors at the end of the program from a total of 12 startup companies that have been approved for training this year. The organizers noted several differences over the previous years - the type of the projects, the number of …

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Top 10 Prominent Young People of Bulgaria for 2017

Top 10 Prominent Young People of Bulgaria for 2017

For the third time Junior Chamber International Bulgaria (JCI Bulgaria) distinguished the 10 most prominent young people of Bulgaria. The project is part of the world-famous format The Outstanding Young Persons (TOYP), which every year aims to distinguish young people, leaders in various areas. The initiative has been held since 1938 and has distinguished celebrities such as John Kennedy, Elvis …

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EEN launched NIR-VANA Project to Help SMEs to Innovate with External Partners

EEN launched NIR-VANA Project to Help SMEs to Innovate with External Partners

  The largest information and consultancy network in Europe Enterprise Europe Network (EEN) just launched the pilot phase of its newest online platform NIR-VANA. The project aims to develop online services that will help small and medium size enterprises (SMEs) to innovate together with external partners, often referred to as open or collaborative innovation. Innovation advisors will provide services during …

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EVENTS

First Meeting of the Dutch Innovation Café Series Dedicated to Smart Cities

First Meeting of the Dutch Innovation Café Series Dedicated to Smart Cities

Several events dedicated to “smart cities” are forthcoming in the next few months in Sofia. A series of meetings will be held on the initiative of the Dutch Embassy in Bulgaria and in partnership of the Dutch ICT (Technology) Cluster in Bulgaria and the Innovation Starter Innovation Agency. The series is called the Dutch Innovation Café (Smart Cities Series 2017) …

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Aniventure Festival for the First Time in Bulgaria

Aniventure Festival for the First Time in Bulgaria

  The world-famous Aniventure festival for comic books, anime culture, gaming and graffiti will take place in Bulgaria for the first time, uniting forces with the ComicCon event, which is new for Bulgaria, but well-known to every fan of the comic culture around the world. The event will be held on September 9 - 10 at the Inter Expo Center …

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Don’t Miss Out in Sofia

Don’t Miss Out in Sofia

Sofia 2018, Events in August

Several events, part of the “Sofia - European Capital of Sports” programme will take place in Sofia this August. The traditional Vitosha Run, a race from Sofia’s city centre to the highest peak on Mt. Vitosha, the Cherni Vrah Peak (2290 m above sea level) will take place on August 26th. On the next day, …

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Sofia Investment Agency

pl. "Petko R. Slaveykov" 6, 1000 Sofia, Bulgaria

+359 2 980 0467 / +359 898 243 555

contact@investsofia.com 

www.investsofia.com 

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