Financial Times to Open Technology Center in Sofia

The Financial Times in partnership with the Bulgarian office of the London-based consulting company Xoomworks is establishing a research and development center in Sofia. The technology team will be responsible for maintaining FT.com’s internal systems – subscription software, data domains, content publishing and distribution, billing and payments, finance and taxation reporting, corporate licensing, and more.

The Financial Times is one of the world’s leading business news and information organizations with more than 900 thousand subscribers across print and digital products. It provides a broad range of services, including news, comments, data, and analyses.

Sofia was selected due to its location and fast access to Financial Times’s head office in London, as well as for its technology talent pool. The company will hire 100 people over the next 12 months in the following directions: software engineers, business analysts and project and product management specialists.