Presentations from Sofia, Vienna, Goteborg and Amsterdam at SOFIA’s PLACE Тent at Webit.Festival Europe 2019

Sofia, Vienna, Goteborg and Amsterdam at SOFIA’s PLACE Тent at Webit.Festival 2019

More than 20 speakers, 13 presentations, Sofia-based organisations and municipal programmes in support of the local business, as well as success stories of entrepreneurs and foreign partners from Vienna, Gothenburg and Amsterdam will be part of the two-day agenda in SOFIA’s PLACE tent - the exhibition space of Sofia at Webit.Festival Europe on May 14-15, 2019.  …

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BUSINESS

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Sofia Gets Business Town of Bulgaria Award 2018 for the Fifth Time

Sofia Gets Business Town of Bulgaria Award 2018 for the Fifth Time

For the fifth time, Sofia received the “Business Town of Bulgaria” award in the ranking of Darik Radio “Best City to Live in Bulgaria 2018”. The capital was named the best place in the country to develop business, which offers the best conditions for attracting foreign investment. The economic criteria include, among others, new jobs, public …

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Financial Times Opens Office in Sofia

Financial Times Opens Office in Sofia

Global business news agency Financial Times officially opened its office in Sofia. It is expected to employ 130 employees by the end of the year, to be responsible for engineering, development, design and economic analysis. The fact that Sofia has been chosen by one of the most prestigious business media in the world means great trust …

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Switzerland-based Also Holding acquires leading IT distributor Solytron Bulgaria

Switzerland-based Also Holding acquires leading IT distributor Solytron Bulgaria

Switzerland-based provider of ICT solutions and services provider Also Holding announced the acquisition of Solytron Bulgaria. Founded in Sofia in 1991, Solytron Bulgaria, with sales of €110 million and a market share of over 30%, is one of the leading IT distributors in Bulgaria. The company provides all of the components required to set up modern corporate ICT infrastructures …

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VMware to invest €23M and Grow the Site in Sofia to over 1500 People

VMware to invest €23M and Grow the Site in Sofia to over 1500 People

  VMware plans to invest €23M and grow the local site in Sofia to over 1500 people, the Ministry of Economy reported. The focus of the new investment is in research and development of software products. Established in 2007, VMware started in Sofia due to the large talent pool of software developers, quality engineers …

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UK-based Creative Assembly and SEGA Open New State-of-the-art Office in Sofia

UK-based Creative Assembly and SEGA Open New State-of-the-art Office in Sofia

UK-based game developer Creative Assembly announced the opening of its joint state-of-the-art office in Sofia with SEGA Games. The new studio follows the acquisition of Creative Assembly Sofia in 2017 and the future transition of SEGA Europe’s QA services to Sofia. The new place has 4 conference halls and 3 audio rooms equipped world-class and can house more than …

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Vivacom Opens Lab for Testing Smart Solutions in Real Environment

Vivacom Opens Lab for Testing Smart Solutions in Real Environment

Vivacom has opened a lab for testing smart solutions in a real environment that will also be accessible for startups developing intelligent technologies. The lab named Vivacom Tech Hall provides coverage of high-speed mobile and fixed networks such as 4.5G, Fiber Net, LoRa and NB Iot. Furthermore, this will be probably the first place in Sofia …

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Germany is the Second-Largest Foreign Investor in Bulgaria

Germany is the Second-Largest Foreign Investor in Bulgaria

  The German-Bulgarian Chamber of Industry and Commerce published two studies: The German Investment in Bulgaria 1990-2017, prepared by the Institute for Market Economics (IME) and The German-Bulgarian Trade Relations (2001-2018), by the Economic Policy Institute (EPI). According to the official statistics, the share of foreign direct investment from Germany reached 8.49% of all FDI in Bulgaria. Thus, Germany becomes …

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Sofia Brings Together Experts from across Europe to Joint Efforts on Air Quality Improvement  

Sofia Brings Together Experts from across Europe to Joint Efforts on Air Quality Improvement  

The international conference SofAir - a high-level forum on air quality in cities - was held in Sofia. The initiative for the conference came by Ms. Yordanka Fandakova, mayor of Sofia. The event was held for the second time and was organized by Sofia Municipality in partnership with the Joint Research Center at the European Commission …

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Sofia Municipality Enters Innovation Cooperation Agreement with Cleantech Bulgaria and InnoEnergy

Sofia Municipality Enters Innovation Cooperation Agreement with Cleantech Bulgaria and InnoEnergy

Sofia Municipality, Cleantech Bulgaria and InnoEnergy have signed a tripartite cooperation agreement to stimulate entrepreneurship and innovation in areas such as energy and air quality improvement in Sofia. One of the main goals of the agreement is to enable sustainable economic development in Sofia with a focus on environmental protection. During the meeting for signing of …

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Sofia to Apply for European Capital of Intelligent Tourism 2020

Sofia to Apply for European Capital of Intelligent Tourism 2020

The National Tourism Board announced its intention to work on the nomination of Sofia for European Capital of Intelligent Tourism 2020. The idea was reported at the Sixth Annual Meeting of the Board, organised with the assistance of the Ministry of Tourism and the Sofia Municipality. Sofia Investment Agency was a partner of the event. Vladimir Danailov, Chief Executive …

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Sofia’s Urban Environment – News in Brief

Sofia’s Urban Environment – News in Brief

The 10th free charging station for electric cars is already available in Sofia. The 7.5 kilowatt station is located at the corner of Moskovska Str. and August 11 Str. At the opening of the station, Deputy Mayor Doncho Barbalov announced that Sofia Municipality is preparing a procedure for another 25 locations …

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ENTREPRENEURS

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“Why Sofia” with Genoveva Hristova-Murray, co-founder of MISSIA23 - the first createch space in Sofia

“Why Sofia” with Genoveva Hristova-Murray, co-founder of MISSIA23 - the first createch space in Sofia

MISSIA23, the first of its kind Createch* hub in Bulgaria, opened doors in Sofia on April 23. The new venue for creative people in Sofia takes up 4 floors, with an area of 2,000 square meters. MISSIA23 is a multifunctional space, a common area for creativity and technology aiming to develop the full potential of talent and companies in the …

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Applications Now Open for the Startup Competition EIT Digital Challenge 2019

Applications Now Open for the Startup Competition EIT Digital Challenge 2019

Applications are now open for the startup competition for deep tech scaleups: The EIT Digital Challenge 2019. Fast-growing startups – so - called scaleups – are invited to apply in one of the following categories: Digital Tech, Digital Cities, Digital Industry, Digital Wellbeing, and Digital Finance. 25 companies will be selected and invited to an exclusive event in Brussels …

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The Ministry of Economy Published a Business Guide for SMEs

The Ministry of Economy Published a Business Guide for SMEs

The Bulgarian Ministry of Economy published an online guide for small and medium-sized enterprises for dealing with the basic business situations that the entrepreneurs face in managing their companies - from the start-up phase until the end of their business operations. The handbook contains clarifications on 120 different regulations and what the concrete steps for the implementation of the procedures. …

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Funding Opportunities

Funding Opportunities

  Until June 21, Bulgarian companies with innovative solutions in the fintech sector can apply for the Elevator Lab Challenge program of Raiffeisen Bank International. Proven innovative products and technologies in the field of finance are sought in 8 categories: Analysis of data and AI; Technologies related to the regulations; Large corporate and institutional clients; Banking for SMEs; Retail Banking; …

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EVENTS

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‘Total Chaos’  Conference Expands with Over 60 New Speakers

‘Total Chaos’  Conference Expands with Over 60 New Speakers

  Emerging 3D Visualization Conference Returns May 16-18; Google, Zaha Hadid Architects and Porsche Among Presenters This May, Total Chaos returns to Bulgaria with over 60 new ways to inspire the creative community. Created as a way to snapshot the current state of computer graphics, Total Chaos has broadened its scope with new speakers and masterclasses, targeting every industry that …

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Upcoming events in Sofia

Upcoming events in Sofia

Academy of Innovation 2019 Innovation Starter, in partnership with the leading universities in Bulgaria and with the institutional support of the European Commission in Bulgaria, is organising an Academy of Innovation – Sofia Innovation Hackathon for students. Again, the event will be organised as a 24-hour Innovation Hackathon with a prize pool of $ 10,000 for the student team with …

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Sofia Investment Agency

12 Gen. Gourko St, 1000 Sofia, Bulgaria

contact@investsofia.com 

www.investsofia.com 

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