The city has attracted global IT R&D leaders like SAP Labs, HP, VMware, IBM, CISCO that already operate large R&D centers in Sofia employing, educating and developing thousands of highly qualified professionals.
The city has been gaining popularity as a start-up destination with a developing start-up ecosystem.
Sofia is home of the most renowned state and private universities in the country with deep traditions in mathematics, engineering, programming and science. Private software schools and universities yielding thousands of professionals annually proved successful in bridging the business and academia.
R&D and Innovations creation foundation
Sustain competitive advantages through R&D and innovations produced in Sofia. Sofia Tech Park – an infrastructure investment of the Bulgarian government opened at the end of 2015, is aiming to boost the development of research, innovation and technological capabilities of the city and the country.
Continued development of digital infrastructure delivers high quality internet connection including broadly available wireless and LTE and complete fiber optic coverage at low broadband cost. Good digital infrastructure and high level of ICT expertise attract an increasing number of R&D projects and labs in Sofia.
Very competitive salaries Attractive taxation policy - a 10% flat rate for both companies and personal income. The general cost of doing business is also among the lowest in Europe - affordable and quality office and industrial space. Low social security costs for employers.
Gateway to EU market and logistic hub of South-East Europe
Easy access to the entire European Union and next day delivery reach of 500 million of the wealthiest consumers in the world.