Sofia Investment Agency Presented the Investment Environment of the Capital to the Three Largest Chambers of Commerce in Lebanon

Sofia Investment Agency Presented the Investment Environment of the Capital to the Largest Chambers of Commerce in Lebanon

 A team of Sofia Investment Agency was on a three-day visit to Lebanon to present the business environment in Sofia and the investment opportunities in the city. The trade forum was organized by the Lebanese-Bulgarian Business Council (LBB Council) and included presentations of the investment opportunities in Sofia at the Chambers of Commerce, Industry and Agriculture in three Lebanese cities …

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BUSINESS

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Sofia Investment Agency in the First TCI Network European Conference Held in Sofia

Sofia Investment Agency in the First TCI Network European Conference Held in Sofia

  Sofia Investment Agency is working on several projects in favor of the business in Sofia, including the “Sofia meets ...” events, participation in the European Commission’s Digital Cities Challenge, City-to-City programme in cooperation with London&Partners, etc. In 2018 the Agency received more than 80 specific inquiries from local and foreign investors and entrepreneurs for cooperation in implementing an investment …

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Vladimir Danailov at the European Conference EURONET: Sofia is the Place for Safe and Profitable Business

Vladimir Danailov at the Conference EURONET: Sofia is the Place for Safe and Profitable Business

Sofia Investment Agency extended an official invitation for partnership to Italian cities at the European Conference “EURONET-Italian Networking around Europe: Innovation and INTERNATIONalization in DIGITAL SOCIETY within the Bulgarian Presidency of EC 2018”. The event was held in Sofia under the auspices of the Italian Chamber of Commerce in Bulgaria and its Chairman, Marco Montecchi. Vladimir Danailov, CEO of …

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Sofia Investment Agency Takes Part at the First International Conference “Women in Business”

Sofia Investment Agency Takes Part at the International Conference “Women in Business”

A total of 700 000 people work on the territory of Sofia Municipality and the ratio between men and women is 50/50, said Vladimir Danailov, CEO of Sofia Investment Agency. He was a special guest at the first international conference “Women in Business” held in the capital. Danailov welcomed the participants on behalf of Ms. Yordanka Fandakova, the mayor of …

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Digital Cities Challenge Project Survey to Determine the Level of Digital Maturity of Sofia

Digital Cities Challenge Project Survey to Determine the Level of Digital Maturity of Sofia

  In continuation of Sofia's participation in the Digital Cities Challenge initiative by the European Commission, on 29th and 30th of March, we conducted a series of interviews between the experts working with Sofia on the Digital Cities Challenge project and some of the local stakeholders. The interviews are following a digital survey filled by to over 30 local stakeholders …

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TELUS International Plans to Add 2,000 Employees by 2020

TELUS International Plans to Add 2,000 Employees by 2020

Image source: Telus International Europe   Canadian TELUS International Europe, the world’s largest outsourcing industry employer, announced its plans to recruit 2,000 new employees by 2020 at its hubs in Sofia and Plovdiv. Thus, the company, which currently employs more than 2,600 employees in the country, will increase its staff to nearly 5,000. The company’s management announced its …

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Hungarian Wing Buys Two Office Buildings in Sofia for EUR 9.85 Mln

Hungarian Wing Buys Two Office Buildings in Sofia for EUR 9.85 Mln

Hungarian real estate holding Wing has acquired two office buildings in Mladost district in Sofia for EUR 9.85 million. The buildings are not new and were owned by different companies – Bulmag Real Estate and C.3.I. (С.З.И.?) Management, according to Capital newspaper. The larger building is located in the area between Sofia Tech Park and Megapark and has an area …

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What to Expect from the Real Estate Market of Bulgaria and Europe in 2018

What to Expect from the Real Estate Market of Bulgaria and Europe in 2018

According to the Global Investment Atlas 2018 report published in mid-March, Bulgaria reports the highest annual growth of 153% in real estate investments among 60 countries in the world. The report was published by the international advisory company Cushman & Wakefield, which partners with Forton for Bulgaria. According to the report data, the value of the transactions reached EUR 856 …

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Women Make Up Nearly Half of the Employed in Digital Industry in Bulgaria

Women Make Up Nearly Half of the Employed in Digital Industry in Bulgaria

Women make up 44.6% of the workforce in Bulgaria’s technology sector, Financial Times wrote in an article dedicated to main statistical findings on the tech workforce in the EU. The technology sector is one of the fastest-growing in the country and holds the second-highest proportion of women as % of the total employment in the EU after Lithuania. The …

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Bulgaria Ranks 58th in 2018 Digitalisation Ranking - EDI Index

Bulgaria Ranks 58th in 2018 Digitalisation Ranking - EDI Index

Bulgaria ranks 58th among 115 countries in the world for enabling digital growth, according to the 2018 research from the leading trade credit insurer Euler Hermes. Its Enabling Digitalisation Index (EDI) analyses each country's ability to provide the necessary environment for the business to succeed in an increasingly digitalized global economy. The total score of each country (a score …

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Current Data of BNB on Investment and Trade

Current Data of BNB on Investment and Trade

According to preliminary data of BNB, foreign investments in Bulgaria showed an annual growth of 64.6% in January and reached EUR 158.8 million. Investments were almost entirely in the form of debt instruments. Equity proceeds amounted to EUR 19.9 million. No data is available on the reinvested earnings yet. The figures are to be revised after BNB receives reports from …

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Bulgaria Ranks Second in EU by Wage Growth, Unemployment is Lower than the EU Average

Bulgaria Ranks Second in EU by Wage Growth, Unemployment is Lower than the EU Average

  Bulgaria ranks second in terms of wage growth in the European Union, data from Eurostat for the fourth quarter of 2017 showed. The increase in remuneration in Bulgaria reached 12.2% for the reported period. The labor costs for employers grew faster only in Romania - by 14.3%. Hungary, Lithuania, Estonia and Latvia rank immediately after Bulgaria. Overall, the average …

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Italian Universitas Mercatorum to Open Branch in Sofia, SoftUni Sets up Vocational Digital Tech High School

Italian Universitas Mercatorum to Open Branch in Sofia, SoftUni Sets up Vocational Digital Tech High School

Italian university Universitas Mercatorum will open a branch in Sofia, as announced at the European conference EURONET-Italian Networking around Europe, organized by the Italian Chamber of Commerce in Bulgaria. The University will offer bachelor’s and master’s degree courses in economics and tourism. Universitas Mercatorum is a public-private university of the Italian Chambers of Commerce in Europe. By opening a branch …

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Sofia Urban Environment – News in Brief

Sofia Urban Environment – News in Brief

At the end of March, the Urban Mobility Center (UMC) launched a new service, allowing fast and easy mobile payment for a stay in a zone-paid parking area. The application also allows for a package payment for up to 2 hours for “blue zone” and up to 4 hours for "green zone". Furthermore, the new service will make it easier …

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ENTREPRENEURS

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UK IT Roadshow to Promote Bulgaria as an IT Business Destination

UK IT Roadshow to Promote Bulgaria as an IT Business Destination

The UK IT Roadshow is an initiative of the British Bulgarian Business Association aiming to promote Bulgaria as an IT business destination and to create business opportunities for both UK and Bulgarian interested parties. Bulgaria is named Offshoring Destination of the Year by the Global Sourcing Association (2016). The country also ranks 1st in Europe and 3rd in the world …

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Apply for Access to the Services of EBRD's “Advice for Small Business” Program

Apply for Access to the Services of EBRD's “Advice for Small Business” Program

The European Bank for Reconstruction and Development (EBRD), the European Investment Advisory Hub and the European Union (EU) have opened a window for participation in the "Advice for Small Business" program in support of small and medium-sized enterprises (SMEs) willing to receive consultancy support for sustainable growth. In the first two years, the program will enable more than 70 …

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The Trade and Economic Office in the Czech Republic (TEOCR) Prague Accepts Applications from Bulgarian Companies and Organizations for Participation in the Amper Fair

The Trade and Economic Office in the Czech Republic (TEOCR) Accepts Applications for Participation in the Amper Fair

TEOCR Prague has extended an invitation to Bulgarian companies to participate in the Amper 2019 international fair. The deadline for submitting an application expires at the end of May this year, so that the team of TEOCR Prague will be able to negotiate preferential terms with the organizers and help with timely organization for the good performance of participants from …

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Upcoming International Trade Fairs

Upcoming International Trade Fairs

Our monthly newsletter provides information on upcoming international trade exhibitions and fairs where you can introduce your business to a professional audience and potential partners and customers. Registration for participation in such forums usually takes place weeks and even months before the start of the events. The trade fairs listed below will take place in June, so you have …

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Funding Opportunities

Funding Opportunities

PowerUp! by InnoEnergy InnoEnergy, Europe's largest sustainable energy accelerator, launched PowerUp! – the biggest regional competition for energy start-ups in Central and Eastern Europe (CEE). The competition calls for innovative ideas in sustainable energy, smart buildings, cybersecurity, tackling smog, cleantech. PowerUp! Offers financial awards up to €30,000 and an opportunity of a €150,000 investment. Projects will be accepted until …

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EVENTS

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WEBIT.Festival Europe 2018 in Search of Volunteers for the Program This Year

WEBIT.Festival Europe 2018 in Search of Volunteers for the Program This Year

The WEBIT.Festival Europe 2018 team will let a group of young and ambitious volunteers join the activities behind the scenes at the prestigious festival to be held this year on June 26-27, 2018 in Sofia Tech Park. A total of 50 active, responsible and outgoing individuals with interest in the subject of the festival, namely global digital transformations, will be …

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Don’t Miss Out in Sofia

Don’t Miss Out in Sofia

Dont's miss out in Sofia in April:   SHELEADER@DIGITAL CONFERENCE, Apr 12, 2018 The Bulgarian Center of Women in Technology (BCWT), in partnership with the Ministry for the Bulgarian Presidency of the Council of the European Union and the European Commission, is organizing the first SHEleader@digital conference dedicated to women’s role in the digital economy. Top-ranked women leaders from all …

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Sofia Investment Agency

12 Gen. Gourko St, 1000 Sofia, Bulgaria

contact@investsofia.com 

www.investsofia.com 

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