Invest Sofia Sharing Its Experience in the Digital Cities Challenge Project in Vienna

Invest Sofia Sharing Its Experience in the Digital Cities Challenge Project in Vienna

Sofia Investment Agency attended the European Cities Conference for Digitalisation organised by Vienna Municipality on 18th and 19th June. At the invitation of Vienna Municipality and together with other European еxperts,  representatives of civil society and business our team took part in a discussion about what European city councils will look like in 2030.   Our Chief Executive, Mr. Vladimir …

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BUSINESS

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First Report on the Growing AI Sector in Bulgaria

First Report on the Growing AI Sector in Bulgaria

  SeeNews just published its new study titled Artificial Intelligence Ecosystem in Bulgaria, created in collaboration with the international innovation company Vangavis. The Artificial Intelligence Ecosystem in Bulgaria is the first comprehensive report, covering the growing AI sector in Bulgaria. Key points from the report: The growing popularity of AI technologies is creating a startup wave in the country. Retail, finance and …

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First Mapping Report on the PropTech & ConTech Industry in Bulgaria

The first report on Bulgarian technological solutions in the industries of Construction, Real Estate Management, Property Management, and Facility Management has just been released. Bulgaria: PropTech & ConTech Mapping Report 2019 is developed by Strategy+ Business Lab. The company is a member of the Management Board of PropTech & ConTech Cluster - Bulgaria and an exclusive partner for Bulgaria …

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Acronis Expands R&D Centre in Sofia with BGN 1.2 Million Investments 

Acronis Expands R&D Centre in Sofia with BGN 1.2 Million Investments 

With an investment of BGN 1.2 million, the  Singapore-based Acronis expands the operations of its European research and development centre in Sofia. The Bulgarian office will also open 130 new positions for engineers. The centre in the Bulgarian capital opened in August 2018 and has been working in areas such as Cybersecurity, AI and Blockchain …

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Financial Times Expands Its Team in Sofia

Financial Times Expands Its Team in Sofia

Financial Times (FT) moved to Sofia one more of its key teams in the field of development of technologies and products. The new department FT Specialist will develop in Sofia digital products for well-known brands of FT as Investor Chronicle, fDi Intelligence and The Banker. By the end of the year, there will be 30 new positions for software …

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Germany-based Company BHTC Investing €16.2m In Its Manufacturing Plant Near Sofia

Germany-based Company BHTC Investing €16.2m In Its Manufacturing Plant Near Sofia

With an investment of €16.2 million, the Germany-based company Веhr-Неllа Тhеrmосоntrоl (ВНТС) extended its production plant in Sofia-Bojurishte Economic Zone. Thus, the leading automotive parts manufacturer doubles the production capacity of its factory in Bulgaria, which is also the biggest one among the locations where the company has production facilities. Along with the expansion, …

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Varengold Bank Acquires 20% of the Sofia-based Platform Klear

Varengold Bank Acquires 20% of the Sofia-based Platform Klear

  The German company Varengold Bank acquires 20 % of Klear, a Sofia-based peer-to-peer (P2P) lending platform. The bank will support the lending platform with a BGN 1.5 million financial package, which comprises of equity and debt funding. The proceeds from the package will be used to expand Klear’s operations across Bulgaria and SEE.  This is Varengold Bank’s first investment …

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Bosch Group Officially Opened its New Office in Sofia

Bosch Group Officially Opened its New Office in Sofia

Robert Bosch, a subsidiary of Bosch Group, officially opened its new office in Sofia. The office is located at Sofia Tech Park, where, at the beginning of this year, the company started the establishment of a specialised automotive software engineering centre. Currently, the company employs nearly 100 people who are developing navigation and diagnostic software for the automotive industry. …

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Bulpros Оpens Innovation Lab in Sofia

Bulpros Оpens Innovation Lab in Sofia

Bulpros officially opened a new technology Innovation Lab in its office in Business Park Sofia. The project aims at showcasing the variety of opportunities that digital innovations reveal for businesses and helping the companies in the processes of digital transformation.  Bulpros Innovation Lab includes demo stations that demonstrate product and services accelerating the digitization of business …

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Kaufland Service IT HUB Opens Second IT Office in Sofia

Kaufland Service IT HUB Opens Second IT Office in Sofia

Kaufland Service IT HUB announced the opening of its second IT office in Sofia. The company expands its team to 110 employees who will develop software products and technologies for customers of more than 11 500 markets and over 400 000 employees of the Schwarz Group around the world.  Kaufland Service IT HUB started its activity in Sofia in …

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The Anglo-American School in Sofia Invests €10 Million in a New Center of Arts

The Anglo-American School in Sofia Invests €10 Million in a New Center of Arts

With an investment of 10 million euro, the Anglo-American School (AAS) in Sofia opened Rila Renaissance Centre - its new centre of Arts. The building will be dedicated to visual and scenic arts in AAS which currently educates more than 500 students from 45 countries are being taught. In an area of 6500 sq.m. there is a multifunctional hall …

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Sofia and Bulgaria in the Rankings

Sofia and Bulgaria in the Rankings

Sofia is in the Top 10 of the cities with the best business climate in Europe according to a research of Emerging Europe. The report evaluates the business environment in 75 developing cities in Europe - capitals or cities with a population of more than 200 000 people. A total of 31 cities from 16 countries ranked among the …

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Sofia City News

Sofia City News

The shared electric vehicles company SPARK expanded its vehicle fleet with 26 new e-cars Hyundai Kona and another 120 are expected until the end of the year. The expansion of pick up and return locations for e-cars in Sofia continues. In June, the Kambanite Business Center was added to the list. The parking spots of SPARK in the newly …

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ENTREPRENEURS

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Invitation for Participation in the 4th Singapore Fintech Festival 2019

Invitation for Participation in the 4th Singapore Fintech Festival 2019

On behalf of the Central and Eastern European Chamber of Commerce Singapore (CEEC), we would like to invite the FinTech companies and individuals from Sofia and Bulgaria to join the Singapore Fintech Festival 2019. This is the biggest fintech festival in the world and an event all fintech companies should attend.    Date: 11th - 15th November 2019 Location: Singapore …

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Funding Opportunities

Funding Opportunities

In June, the Bulgarian Chamber of Commerce and Industry (BCCI) conducted an Informational Day to present the European network of research and innovation centres and hubs - ENRICH. The network is created and governed by the Regional centre for information and scientific development (RCISD), Budapest. ENRICH encourages and facilitates the cooperation in the fields of scientific research, technologies and …

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EVENTS

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Don’t Miss Out: Biotech Atelier 2.0

Don’t Miss Out: Biotech Atelier 2.0

Prescriptia and the Bulgarian Association for Personalized Medicine (BAPEMED) organise for a second consecutive year the high-profile event Biotech Atelier. Biotech Atelier 2.0 will be held on September 25, 2019, in Sofia Tech Park. Its purpose is to bring together leading international experts, entrepreneurs, business leaders, visionaries, and investors in the field of value-based healthcare, intellectual property, biotech entrepreneurship, business …

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Upcoming events in Sofia

Upcoming events in Sofia

A to JazZ Returning to Sofia for the Ninth Consecutive Year 5-7 July 2019 The international A to JazZ Festival will be held for the 9th consecutive time in Sofia. One of the most anticipated musical events in the capital this year will take place on July 5-7 at its usual location – the vast meadow of South Park …

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Sofia Investment Agency

12 Gen. Gourko St, 1000 Sofia, Bulgaria

contact@investsofia.com 

www.investsofia.com 

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