{"id":4130,"date":"2016-11-30T15:22:57","date_gmt":"2016-11-30T13:22:57","guid":{"rendered":"http:\/\/investsofia.com\/en\/?page_id=4130"},"modified":"2020-08-28T10:49:09","modified_gmt":"2020-08-28T07:49:09","slug":"success-stories","status":"publish","type":"page","link":"https:\/\/investsofia.com\/en\/success-stories\/","title":{"rendered":"Success Stories"},"content":{"rendered":"<div id=\"modal-ready\">[vc_row full_width=&#8221;stretch_row_content&#8221; parallax=&#8221;content-moving-fade&#8221; parallax_image=&#8221;4127&#8243; css=&#8221;.vc_custom_1559042675234{padding-top: 20% !important;padding-bottom: 100px !important;}&#8221;][vc_column][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1557472867932{padding-top: 20px !important;padding-right: 5% !important;padding-bottom: 50px !important;padding-left: 5% !important;}&#8221;][vc_column][vc_column_text]\n<h2 style=\"text-align: center;\"><\/h2>\n<h2 style=\"text-align: center;\">\u00a0SUCCESS STORIES<\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1557472867932{padding-top: 20px !important;padding-right: 5% !important;padding-bottom: 50px !important;padding-left: 5% !important;}&#8221;][vc_column width=&#8221;2\/3&#8243;][vc_empty_space height=&#8221;60px&#8221;][vc_column_text]\n<h4 style=\"text-align: center;\"><\/h4>\n<h4 style=\"text-align: center;\"><\/h4>\n<h4 style=\"text-align: center;\"><\/h4>\n<h4 style=\"text-align: center;\">\u201cWhy Sofia?\u201d &#8211; many global and local companies, small and big, have the answer.<\/h4>\n<h4 style=\"text-align: center;\">Learn about their success stories.<\/h4>\n<h4 style=\"text-align: center;\">Our team is here to support you in building your own.<\/h4>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\" wp-image-18652 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Arrow-Success-Stories-300x158.png\" alt=\"\" width=\"112\" height=\"59\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Arrow-Success-Stories-300x158.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Arrow-Success-Stories-768x404.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Arrow-Success-Stories.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Arrow-Success-Stories-600x315.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Arrow-Success-Stories-260x137.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Arrow-Success-Stories-50x26.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Arrow-Success-Stories-143x75.png 143w\" sizes=\"(max-width: 112px) 100vw, 112px\" \/>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_empty_space height=&#8221;60px&#8221;][vc_cta h2=&#8221;LET US TELL YOUR STORY&#8221; txt_align=&#8221;center&#8221; color=&#8221;peacoc&#8221;]If you have an inspiring experience from being a part of\u00a0the entrepreneurship ecosystem in Sofia, then let us know.<\/p>\n<p style=\"text-align: center;\" align=\"center\"><div class=\"su-button-center\"><a href=\"http:\/\/investsofia.com\/en\/tell-your-success-story\/\" class=\"su-button su-button-style-default\" style=\"color:#ffffff;background-color:#077eb8;border-color:#066594;border-radius:9px\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color:#ffffff;padding:0px 24px;font-size:18px;line-height:36px;border-color:#52a5ce;border-radius:9px;text-shadow:none\"> Tell us your story<\/span><\/a><\/div>\n[\/vc_cta][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/6&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_separator][\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][\/vc_row][vc_row el_class=&#8221;suc-data-row&#8221; css=&#8221;.vc_custom_1488801654471{padding-right: 10% !important;padding-left: 10% !important;}&#8221;][vc_column width=&#8221;1\/6&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;]<div class=\"column_filters\"><div class=\"blog_wrapper isotope_wrapper clearfix\"><div class=\"posts_group lm_wrapper col-2 classic\"><div class=\"post-item isotope-item clearfix author-georgibrezin post-34169 post type-post status-publish format-standard has-post-thumbnail hentry category-news-en category-news category-sabitiq-en category-success-stories-en\" ><div class=\"date_label\">13.06.2023<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/bulgaria-wants-you-and-invest-sofia-with-joint-projects-for-supporting-young-people-to-manage-their-careers\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-400x400.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-400x400.jpg 400w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-80x80.jpg 80w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-800x800.jpg 800w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-768x1024.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/bulgaria-wants-you-and-invest-sofia-with-joint-projects-for-supporting-young-people-to-manage-their-careers\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">13.06.2023<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news-en\/\" rel=\"category tag\">news<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news\/\" rel=\"category tag\">News<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/sabitiq-en\/\" rel=\"category tag\">\u0421\u044a\u0431\u0438\u0442\u0438\u044f<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/bulgaria-wants-you-and-invest-sofia-with-joint-projects-for-supporting-young-people-to-manage-their-careers\/\">Bulgaria Wants You and Invest Sofia with Joint Projects for Supporting Young People to Manage their Careers<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p><img loading=\"lazy\" class=\"size-medium wp-image-34164 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-225x300.jpg\" alt=\"\" width=\"225\" height=\"300\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-225x300.jpg 225w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-768x1024.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-1152x1536.jpg 1152w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-110x146.jpg 110w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-38x50.jpg 38w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496-56x75.jpg 56w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9496.jpg 1500w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><img loading=\"lazy\" class=\"size-medium wp-image-34166 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9186-225x300.jpeg\" alt=\"\" width=\"225\" height=\"300\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9186-225x300.jpeg 225w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9186-768x1024.jpeg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9186-1152x1536.jpeg 1152w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9186-110x146.jpeg 110w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9186-38x50.jpeg 38w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9186-56x75.jpeg 56w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG_9186.jpeg 1200w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">More than 1000 young people visited the largest career forum Bulgaria Wants You: Sofia: Career and Life- Why Bulgaria? to investigate career opportunities in Bulgaria. Invest Sofia was an official institutional partner of the event that was held on June 11 &#8211; 12 in the capital.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">More than 80 companies from different business sectors took part. Our team also presented the Agency\u2019s activities and success cases of work on various projects in Sofia Municipality, as well as projects of cooperation with other Bulgarian municipalities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bulgaria Wants You event was officially opened by Deputy Prime Minister and Minister of Foreign Affairs Maria Gabriel. A welcome speech was also given by the Chairman of the Sofia Municipal Council Georgi Georgiev.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The idea behind the forum initiated by Ivan Hristov and Andrey Arnaudov is to motivate the attendees to start and develop their career path in Bulgaria by presenting different career opportunities that companies in Bulgaria can offer.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;My answer to the question Career and life &#8211; why in Bulgaria? has three aspects. First of all &#8211; the key role of talent in innovation in Bulgaria. Second, the type of innovation we should focus on. And third, how to make Bulgaria one of the most dynamic innovation ecosystems in South East Europe. I think it is important to make Bulgaria attractive for talent to choose and develop their careers here. No doubt, the role of education is crucial,&#8221; Gabriel said.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During the forum, the discussion Demography Has No Price was held, attended by policy-makers, businesses, state institutions, employers&#8217; organisations, trade chambers, and experts. The participants discussed specific policies aimed at overcoming the negative demographic trends in the country.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;There is a job in Bulgaria for everyone who hesitates whether they will find a job in their homeland after obtaining a diploma abroad,&#8221; said the chairman of the Sofia Municipal Council Georgi Georgiev. He told about his personal experience after graduating in London and gave examples of career development opportunities in Sofia-based companies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The music producer Stanislava Armutlieva, actor Kalin Sirmenov, interior designer Alex Kovachev, Stoyan Minev from Lidl Bulgaria, Nikolay Dragiev from DXC Technology, Diana Kostova from Kaufland Bulgaria, Konstantin Kirov from ProCredit bank and entrepreneur Daniel Bachovsky also attended the event. This year the forum was held under the patronage of the Vice President of the Republic of Bulgaria Iliana Iotova.<\/span><\/p>\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"34169\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/bulgaria-wants-you-and-invest-sofia-with-joint-projects-for-supporting-young-people-to-manage-their-careers\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-34162 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-sabitiq-en category-success-stories-en\" ><div class=\"date_label\">12.06.2023<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/invest-sofia-and-investment-agencies-from-europe-at-viennaup23\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-400x400.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-400x400.jpg 400w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-80x80.jpg 80w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-800x800.jpg 800w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-1024x908.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/invest-sofia-and-investment-agencies-from-europe-at-viennaup23\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">12.06.2023<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news\/\" rel=\"category tag\">News<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/sabitiq-en\/\" rel=\"category tag\">\u0421\u044a\u0431\u0438\u0442\u0438\u044f<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/invest-sofia-and-investment-agencies-from-europe-at-viennaup23\/\">Invest Sofia and Investment Agencies from Europe at VIENNAUP&#8217;23<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p><img loading=\"lazy\" class=\"wp-image-34159 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-300x266.jpg\" alt=\"\" width=\"400\" height=\"355\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-300x266.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-1024x908.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-768x681.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-165x146.jpg 165w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-50x44.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2-85x75.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9015-2.jpg 1273w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">A record 14,000 attendees from 96 countries visited this year&#8217;s VIENNAUP&#8217;23 conference in Austria. Europe&#8217;s leading event for investment and entrepreneurship took place from 30 May to 7 June and focused on social entrepreneurship, sustainability, creative industries, female business leaders and responsible technology development with over 50 individual thematic events at 27 locations in the Austrian capital.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Part of the event were Invest Sofia&#8217;s experts from the Investment Analysis Department, Ioanna Dragneva and Georgi Brezin. They took part in the panels and startup pitches during the Mobility in Action event, which took place at the Open Innovation Factory &#8211; the newly created space by the Austrian Federal Railways for co-innovation in the field of urban mobility. Ioanna Dragneva and Georgi Brezin also participated in Salon Future &#8211; the platform for city representatives, startup ecosystem builders and organizations who are dedicated to building and supporting startup ecosystems in their cities. Visitors to the event had the opportunity to participate in panel discussions and networking sessions focused on topics such as building entrepreneurial communities, attracting international startups to their cities, and implementing policies that support the growth of SMEs and newly established companies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During VIENNAUP&#8217;23, the Invest Sofia team met with representatives from the investment agencies from Austria, Poland, Hungary and Germany to talk about similarities and differences in their activities, the difficulties they encounter, and working practices. Joanna Dragneva and Georgi Brezin also talked with business representatives from Japan, Italy, Israel, Austria, Hungary and Turkey.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The ViennaUP festival is a key event for the startup community not only in Austria but also for the European ecosystem. The event traditionally hosts a vast variety of thematic individual events organized by partnering companies and organisations. Investors, technology experts, people from the creative industries, policy-makers and city experts work together on latest cases and look for the best solutions. Alongside Austrian and European startups, companies from the US, New Zealand, Japan, Thailand, African countries, Australia and Malaysia were part of the festival this year.<\/span><\/p>\n<p><img loading=\"lazy\" class=\"alignnone wp-image-34157\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9013-1-300x266.jpg\" alt=\"\" width=\"400\" height=\"354\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9013-1-300x266.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9013-1-1024x907.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9013-1-768x680.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9013-1-1536x1361.jpg 1536w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9013-1-2048x1814.jpg 2048w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9013-1-165x146.jpg 165w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9013-1-50x44.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2023\/06\/IMG-9013-1-85x75.jpg 85w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/p>\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"34162\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/invest-sofia-and-investment-agencies-from-europe-at-viennaup23\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix no-img author-georgibrezin post-33383 post type-post status-publish format-standard hentry category-news category-success-stories-en\" ><div class=\"date_label\">15.02.2023<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">15.02.2023<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news\/\" rel=\"category tag\">News<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-success-stories-8\/\">Sofia Success Stories<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p><span style=\"font-weight: 400;\">The Sofia-based manufacturer and provider of IoT and smart home solutions Allterco announced the acquisition of 60% of the Slovenian IoT company GOAP. The price of the transaction for this 1st stage of the deal amounts to EUR 2 million. The remaining 40% are subject to an Option Agreement that was signed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the deal, Allterco aims to expand its home automation product portfolio for end customers and enterprises. Among the company&#8217;s products are Shelly smart relays for remote control of lights, electrical appliances, sensors and home energy consumption monitoring, as well as the child GPS-GSM watch MyKi and MyKi Auto and MyKi Spot smart truckers created to track automobiles, cargo, and pets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To further accelerate its growth, <\/span><a href=\"https:\/\/allterco.com\/en\/8593-2\/\"><span style=\"font-weight: 400;\">Allterco has selected Dublin<\/span><\/a><span style=\"font-weight: 400;\">, Ireland, as the base for its latest R&amp;D hub.\u00a0<\/span><\/p>\n<p>________________<\/p>\n<p><span style=\"font-weight: 400;\">The software company Luxoft to open a tech hub in Sofia, where a new team of 200 developers will work on the company\u2019s joint project with Mercedes-Benz Group. The new department will develop in-vehicle infotainment systems (IVI) for autonomous vehicles. These are installed in the latest Mercedes A-class models. The office will also be responsible for software testing and validation activities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Luxoft started operations in Sofia in 2014. The office is responsible for the development of solutions for the fintech sector and the automotive industry.\u00a0<\/span><\/p>\n<p>________________<\/p>\n<p><span style=\"font-weight: 400;\">The Sofia-based health-tech startup <\/span><a href=\"https:\/\/therecursive.com\/findmecure-raises-a-seed-round-to-bring-innovative-health-treatments-to-market-faster\/\"><span style=\"font-weight: 400;\">FindMeCure received new funding<\/span><\/a><span style=\"font-weight: 400;\"> from angel investors and its previous investor &#8211; the international fund TechStars. The amount of the deal remains undisclosed, but the company announced its intention to invest in strengthening its position in the US market and expanding its team of experts in sales, marketing and software engineering.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company develops two clinical research platforms &#8211; FindMeCure, which helps patients access and apply for clinical trials, and TrialHub, a B2B clinical trial planning software. Both platforms are on a mission to bring research closer to patients and bring innovative treatments to market faster, avoiding the delays that clinical trials typically cause. The startup&#8217;s long-term vision is to become a B2B2C platform that enables better decisions in life sciences while helping patients around the world gain faster access to appropriate treatment.<\/span><\/p>\n<p>________________<\/p>\n<p><span style=\"font-weight: 400;\">Electric vehicle charging infrastructure management leader Ampeco has raised $16 million in venture capital in a Series A investment round led by BMW i Ventures. The company to invest the funds to strengthen its market position in North America and enlarge its engineering <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"33383\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-success-stories-8\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-25945 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">09.12.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/three-bulgarian-companies-deloitte-technology-fast-50-ranking\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"244\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020-960x586.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020-1024x581.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/three-bulgarian-companies-deloitte-technology-fast-50-ranking\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">09.12.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/three-bulgarian-companies-deloitte-technology-fast-50-ranking\/\">Three Bulgarian Companies in Deloitte Technology Fast 50 Ranking<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p><img loading=\"lazy\" class=\"size-full wp-image-25939 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020.jpg\" alt=\"\" width=\"1033\" height=\"586\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020.jpg 1033w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020-300x170.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020-1024x581.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020-768x436.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020-600x340.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020-257x146.jpg 257w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/3-Bulgarian-Companies-in-Deloitte-Tech-Fast-50-2020-132x75.jpg 132w\" sizes=\"(max-width: 1033px) 100vw, 1033px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">For the 21st consecutive time, the international consulting company Deloitte presented its <\/span><a href=\"https:\/\/www2.deloitte.com\/ce\/en\/pages\/about-deloitte\/topics\/technology-fast-50.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">&#8220;Technology Fast 50&#8221; ranking for Central Europe<\/span><\/a><span style=\"font-weight: 400;\">. Three Bulgarian software companies were also awarded in it. These are Coursedot, StorPool Storage, and CloudCart.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The report aims to rank the fastest growing technology companies in the region. The organizations&#8217; main ranking criterion is based on percentage revenue growth over the last four years &#8211; a minimum of \u20ac 50,000 in 2016, 2017, and 2018 and at least \u20ac 100,000 in 2019. It should also be noted that financial data of the companies are provided by the entrants themselves and are gathered via Deloitte\u2019s online survey tool. This information is then cross-checked and passes strict verification.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Coursedot ranks first among the Bulgarian organizations, standing 13th in the ranking with a growth of 1366%. The other two domestic companies &#8211; StorPool Storage and CloudCart, ranked 46th and 50th, respectively, with a 541% and 494% increase in operating income.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Two other Bulgarian companies find a place in the special section of Deloitte&#8217;s report &#8211; Rising Stars. This category includes two more Bulgarian companies &#8211; EnduroSat and NOTOLYTIX, which mark the growth of 405% and 267%, respectively. The Rising Stars section includes organizations that cannot currently meet the core criteria to be part of Technology Fast 50 but have development potential and over \u20ac 30,000 in operating income for the previous three years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this year&#8217;s edition of the report, Deloitte introduces a new section &#8211; Impact Stars. It includes three companies from each country in the region, which manage to positively impact at least one of the following categories through the product or service they offer: public life, the overall business environment, innovation, environment, and social diversity. The three Bulgarian companies that fall into this section are EnduroSat, CloudCart, and ESCREO.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bulgarian companies awarded in the various sections of the report are among the more than 300 applicants for participation this year. The year also marked a record average growth in the distinguished organizations&#8217; operating turnover &#8211; 1460%. This shows that the business environment in the region is suitable for the development of the companies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The leader in the ranking this year is the Polish company Packhelp, which marks a growth of over 9000%. Nine countries are represented in the ranking this year, with the Czech Republic (21), Poland (15), and Croatia (5) representing the largest number. Bulgaria is <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"25945\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/three-bulgarian-companies-deloitte-technology-fast-50-ranking\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-25843 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">04.12.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/nestle-bulgaria-invested-bgn-23-million-factory-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"258\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle.jpg 493w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle-300x194.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle-226x146.jpg 226w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle-50x32.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle-116x75.jpg 116w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/nestle-bulgaria-invested-bgn-23-million-factory-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">04.12.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/nestle-bulgaria-invested-bgn-23-million-factory-sofia\/\">Nestle Bulgaria Invested BGN 23 Million in Its Factory in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-25839 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle.jpg\" alt=\"\" width=\"250\" height=\"161\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle.jpg 493w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle-300x194.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle-226x146.jpg 226w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle-50x32.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/12\/nestle-116x75.jpg 116w\" sizes=\"(max-width: 250px) 100vw, 250px\" \/>Nestle Bulgaria invested another BGN 23 million in a robotic production line at its factory in Sofia. The innovation was presented during an online event that included a virtual walk showing the factory&#8217;s innovations.<\/span><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The investment is in a new production line of the KitKat brand, with an updated digital network that connects all machines to a single data system. In case a problem occurs, it can be solved remotely. In the current situation of an ongoing pandemic, the company considers this an opportunity of high importance to enable continuous production despite the circumstances.<\/span><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">&#8220;The new robotic production line guarantees faster and more efficient production at the Nestl\u00e9 factory, and a safer working environment for the employees who will be trained to work with automated machines,&#8221; the company announced in an <\/span><a href=\"https:\/\/www.nestle.bg\/bg\/media\/pressreleases\/allpressreleases\/%D0%BD%D0%B5%D1%81%D1%82%D0%BB%D0%B5-%D0%B1%D1%8A%D0%BB%D0%B3%D0%B0%D1%80%D0%B8%D1%8F-%D0%B8%D0%BD%D0%B2%D0%B5%D1%81%D1%82%D0%B8%D1%80%D0%B0-%D0%BD%D0%BE%D0%B2%D0%B8-23-%D0%BC%D0%BB%D0%BD-%D0%BB%D0%B2-%D0%B2-%D1%88%D0%BE%D0%BA%D0%BE%D0%BB%D0%B0%D0%B4%D0%BE%D0%B2%D0%B0%D1%82%D0%B0-%D1%81%D0%B8-%D1%84%D0%B0%D0%B1%D1%80%D0%B8%D0%BA%D0%B0-%D0%B2-%D1%81%D0%BE%D1%84%D0%B8%D1%8F\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">official statement<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Thus, Nestle Bulgaria works with two production lines that prepare and package 2.5 million bars of Kat Kat per day (or 1736 pieces per minute), prepared with Bulgarian flour. Of them, 95% are exported to over 35 countries abroad, including South Korea, Mexico, Qatar, South Africa, Singapore, and the Caribbean.<\/span><\/p>\n<p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The factory has been operating in Sofia for 80 years, and owned by the Swiss giant Nestl\u00e9 since 1994. The company employs 1,060 people, 60% of whom are employed in production activities.<\/span><\/p>\n<p><br style=\"font-weight: 400;\" \/><br style=\"font-weight: 400;\" \/><\/p>\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"25843\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/nestle-bulgaria-invested-bgn-23-million-factory-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-25628 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">04.11.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/german-festo-build-third-plant-sofia-investment-e40m\/\"><div class=\"mask\"><\/div><img width=\"225\" height=\"225\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020.jpg 225w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-80x80.jpg 80w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/german-festo-build-third-plant-sofia-investment-e40m\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">04.11.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/german-festo-build-third-plant-sofia-investment-e40m\/\">The German Festo to Build Third Plant in Sofia with an Investment of \u20ac40M<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p><img loading=\"lazy\" class=\" wp-image-25625 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020.jpg\" alt=\"\" width=\"150\" height=\"150\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020.jpg 225w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/11\/festo-2020-80x80.jpg 80w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>The German Festo to invest 40 million euros in acquiring, designing, and building a new plant near Sofia. This will be the company&#8217;s third production facility in Bulgaria, as it has plants in Smolyan and Druzhba district in Sofia.<\/p>\n<p>The plot near Sofia has an area of \u200b\u200babout 20 thousand square meters for production, logistics, office space, and technical premises. They are expected to be put into \u043eperation in 2023. The 40 million euro investment does not include production facilities. The new plant will take on the increased demand for components for industrial automation, sensors, control pneumatic cylinders, communication modules, controllers, servo motors.<\/p>\n<p>In the next four years, Festo plans to open 150 new jobs in production and as many for the technical engineering center in Sofia in order to enlarge its software, electronics, and product design and development team.<\/p>\n<p>Read more about the company&#8217;s plans in the <a href=\"https:\/\/www.economy.bg\/business\/view\/42141\/Festo-investira-40-mln-evro-v-treti-zavod-u-nas-i-otkriva-300-novi-rabotni-mesta-do- 2023\" target=\"_blank\" rel=\"noopener noreferrer\">publication and the interview<\/a> with Georgi Atanasov, manager of Festo Production, by Economy.bg.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"25628\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/german-festo-build-third-plant-sofia-investment-e40m\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-25620 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">04.11.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/three-bulgarian-software-companies-deloittes-technology-fast-500-ranking\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"320\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500.jpg 787w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-300x240.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-768x615.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-600x480.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-182x146.jpg 182w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-50x40.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-94x75.jpg 94w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/three-bulgarian-software-companies-deloittes-technology-fast-500-ranking\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">04.11.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/three-bulgarian-software-companies-deloittes-technology-fast-500-ranking\/\">Three Bulgarian Software Companies in Deloitte&#8217;s Technology Fast 500 Ranking<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-25554 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500.jpg\" alt=\"\" width=\"413\" height=\"331\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500.jpg 787w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-300x240.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-768x615.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-600x480.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-182x146.jpg 182w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-50x40.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Deloitte500-94x75.jpg 94w\" sizes=\"(max-width: 413px) 100vw, 413px\" \/>Three Bulgarian software companies have entered the Deloitte Technology Fast 500 ranking for the fastest growing companies in Europe, the Middle East, and Africa. These are Botron &#8211; with 503% revenue growth, Accedia &#8211; with 280% growth, and ScaleFocus &#8211; 185% revenue growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All three are Sofia-based companies, and the <\/span><a href=\"https:\/\/www.botronsoft.com\/blog\/botron-joins-the-appfire-family\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">American Appfire acquired<\/span><\/a><span style=\"font-weight: 400;\"> the highest-ranked &#8211; Botron, in June this year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/global\/Documents\/Technology\/gx-emea_fast_500_Ranking-2019.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Technology Fast 500 ranking<\/span><\/a><span style=\"font-weight: 400;\"> is based upon available financial information over the years 2015 till 2018. It is important to note that the ranking covers companies that proactively and on their initiative, submit data on their activities, and not all potential companies. Another feature is that the ranking was closed on April 30, 2020, based on the available financial information covering the years until 2018. The number of organizations involved has not been modified based on the impact of COVID-19, and the condition of the listed companies might have changed since then.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This year&#8217;s edition ranks companies from 22 countries according to their average annual growth rate. The growth of the individual participants in the ranking varies from 157% to 39,754%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The ranking is almost entirely dominated by companies in the field of financial technology and software development. The Top 5 includes three fintech companies, including the leader in the ranking &#8211; the British Revolut. Three of the top five companies are from the United Kingdom; the other two are from Germany. The list includes companies from Great Britain (98), the Netherlands (70), Germany (47), Sweden (46), and Belgium (35).<\/span><\/p>\n<p>&nbsp;<\/p>\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"25620\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/three-bulgarian-software-companies-deloittes-technology-fast-500-ranking\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-25598 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">29.10.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/german-suse-open-innovation-hub-sofia\/\"><div class=\"mask\"><\/div><img width=\"225\" height=\"225\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE.jpg 225w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-80x80.jpg 80w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/german-suse-open-innovation-hub-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">29.10.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/german-suse-open-innovation-hub-sofia\/\">The German SUSE to Open an Innovation Hub in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-25559 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE.jpg\" alt=\"\" width=\"225\" height=\"225\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE.jpg 225w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/SUSE-80x80.jpg 80w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/>The German open-source software company SUSE opens an innovation hub in Sofia. The center will start operations for up to six months and will hire more than 200 employees in the coming years &#8211; software developers, digital marketing specialists, support, and project management experts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SUSE develops solutions based on open source, cloud services infrastructure, application platforms, and more. The solutions find applications in healthcare, large data processing centers, supercomputers, and more. The company has offices in Switzerland, the Netherlands, the Czech Republic, France, Ireland, Great Britain, South Korea, Japan, Singapore, China, South Africa, and others. With nearly 1,600 employees worldwide, SUSE serves over 17,000 customers in 75 countries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Sofia engineering unit will focus on developing new open-source technological solutions and projects for autonomous cars, artificial intelligence, data analysis, and others.<\/span><\/p>\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"25598\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/german-suse-open-innovation-hub-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-25586 post type-post status-publish format-standard has-post-thumbnail hentry category-buletin category-uspeshni-primeri category-success-stories-en\" ><div class=\"date_label\">27.10.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-fintech-paynetics-acquires-wirecards-assets-uk-ireland\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"297\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics-960x713.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics-1024x568.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-based-fintech-paynetics-acquires-wirecards-assets-uk-ireland\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">27.10.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/category\/buletin\/\" rel=\"category tag\">\u0411\u044e\u043b\u0435\u0442\u0438\u043d<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/category\/uspeshni-primeri\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-fintech-paynetics-acquires-wirecards-assets-uk-ireland\/\">Sofia-based Fintech Paynetics Acquires Wirecard&#8217;s Assets in the UK and Ireland<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-25565 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics.jpg\" alt=\"\" width=\"1285\" height=\"713\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics.jpg 1285w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics-300x166.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics-1024x568.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics-768x426.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics-600x333.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics-260x144.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/10\/Paynetics-135x75.jpg 135w\" sizes=\"(max-width: 1285px) 100vw, 1285px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Sofia-based fintech Paynetics announced that it has acquired the German Wirecard assets in the UK and Ireland. Paynetics will take over card issuance and payment services to Wirecard&#8217;s corporate customers in both markets after the German company declared bankruptcy. According to the company&#8217;s <\/span><a href=\"https:\/\/paynetics.digital\/media\/paynetics-uk-acquires-wirecard-uk-ireland-assets\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">official announcement<\/span><\/a><span style=\"font-weight: 400;\">, Sofia-based Paynetics will acquire the assets through its British subsidiary.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Paynetics<\/span><span style=\"font-weight: 400;\"> is licensed across the EU, regulated by the Bulgarian National Bank, and a Member of Mastercard, Visa, SWIFT, and SEPA. The company offers next-generation payment technology solutions, including card issuing, money transfers, eWallets, mobile payments and software POS, etc.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The deal is of great significance for Bulgarian fintech in terms of expansion on the UK market and in Europe. At the beginning of the year, Paynetics raised\u00a0 2.5m euros in funding from the Bulgarian-American Credit Bank (BACB), the New Vision 3 venture capital fund, and angel investors.<\/span><\/p>\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"25586\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-based-fintech-paynetics-acquires-wirecards-assets-uk-ireland\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-25396 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.10.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-agrotech-startup-nasekomo-french-groupe-grimaud-joint-investment\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"208\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-960x498.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1024x473.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-agrotech-startup-nasekomo-french-groupe-grimaud-joint-investment\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.10.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-agrotech-startup-nasekomo-french-groupe-grimaud-joint-investment\/\">Sofia Agrotech Startup NASEKOMO and the French Groupe Grimaud With a Joint investment<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-24679 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020.jpg\" alt=\"\" width=\"401\" height=\"185\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020.jpg 1078w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-300x139.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-768x355.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1024x473.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-600x277.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-260x120.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-50x23.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-150x69.jpg 150w\" sizes=\"(max-width: 401px) 100vw, 401px\" \/>Sofia agrotech startup NASEKOMO has gone into partnership with the French Groupe Grimaud. Through a joint investment, the two companies will equip Nasekomo&#8217;s bio development factory near Sofia to breed improved blackflies and larvae for companies with large amounts of organic waste for processing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new joint venture Fly Genetics aims to launch on the European market in the second half of 2021. You will find more about the investment in the official announcement <\/span><a href=\"https:\/\/nasekomo.life\/french-groupe-grimaud-and-bulgarian-start-up-nasekomo-announce-the-launch-of-a-joint-venture-flygenetics\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Only three months ago, the Sofia-based startup NASEKOMO<\/span><a href=\"https:\/\/investsofia.com\/nasekomo-zatvori-sdelka-za-4-miliona-evro-nay-golyamoto-publichno-obyaveno-finansirane-za-agroteh-startap-v-regiona\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"> received an investment of 4 million euros<\/span><\/a><span style=\"font-weight: 400;\"> from the Bulgarian funds NV3 and Morningside Hill, supported by the Fund of Funds in Bulgaria, and by private investors from the UK, France, South Africa, and Bulgaria.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Groupe Grimaud is one of the world leaders in multi-species animal genetics, bio-pharmacy, and Novel Farming. It has operations in more than 100 countries, generates \u20ac 320 M in turnover, and employs over 1,800 people worldwide.<\/span><\/p>\n<p>&nbsp;<\/p>\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"25396\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-agrotech-startup-nasekomo-french-groupe-grimaud-joint-investment\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-25054 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.09.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-vitesse-running-the-first-virtual-running-coach-with-workouts-created-by-olympians\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-1024x1024.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-vitesse-running-the-first-virtual-running-coach-with-workouts-created-by-olympians\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.09.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-vitesse-running-the-first-virtual-running-coach-with-workouts-created-by-olympians\/\">Why Sofia? with Vitesse Running &#8211; the First Virtual Running Coach with Workouts Created by Olympians<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-25004 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-scaled.jpg\" alt=\"\" width=\"303\" height=\"304\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-scaled.jpg 2560w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-1024x1024.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-768x768.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-600x600.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-1536x1536.jpg 1536w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-2048x2048.jpg 2048w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-80x80.jpg 80w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/09\/Vitesse-Running-2-1320x1320.jpg 1320w\" sizes=\"(max-width: 303px) 100vw, 303px\" \/>Vitesse Running is a mobile app for running enthusiasts with workouts created by the best long-distance runners in Bulgaria and participants in Rio 2016- Militsa Mircheva and Yolo Nikolov.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Vitesse Running is a great solution that is highly useful for beginners and advanced runners alike. The virtual coach in the app generates a plan for each user according to their level and their training days preferences. It later adapts the plan according to the user\u2019s performance. The workouts are meant to show beginners how exciting and diverse the running can be, and also prepare professionals for competitions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe main problem that runners at different levels face when using other apps is that even though they provide good detailed data to their users, that data is not analyzed and presented comprehensively \u201c. &#8211; shares Martin Markov, co-founder and adds: \u2018&#8217;Our goal was to create a mobile app that collects all the data that can be gathered from the user\u2019s device and analyze it by using artificial intelligence in the process. Then we present that data in the form of running tips that we plan to make more personalised for each user&#8217;\u2019.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Workouts by Olympians\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Vitesse Running has more than 100 running workouts with different intensity divided into several categories: Beginners, Fat-Burning, 5K, 10K, Half-Marathon and Marathon. The workouts are created by the professional athletes Militsa Mircheva and Yolo Nikolov. Militsa competed in the 2016 Summer Olympics and finished 108th in the marathon thus becoming the first Bulgarian woman to ever finish a marathon at the Olympics. Besides a professional runner himself, Yolo is the best coach of long-distance runners in Bulgaria. He also specializes in creating personalised training plans and programs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe joined the project because it is absolutely one-of-a-kind! It aims to prepare people on all levels to reach their goals in the most effective and individual way possible. We know that everyone has different talents which is why we created Vitesse Running. Our virtual coach will analyze your runs and show you where you have to work harder while building up the qualities you need for success.\u201c &#8211; says Militsa.\u00a0<\/span><\/p>\n<p><b>Why Sofia\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The team developing the app is entirely Sofia-based due to the many opportunities they see for this type of product here.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe are originally from Sofia, so starting the business elsewhere was never an option. There are so many talented young professionals here as well as <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"25054\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-vitesse-running-the-first-virtual-running-coach-with-workouts-created-by-olympians\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24971 post type-post status-publish format-standard has-post-thumbnail hentry category-uspeshni-primeri category-success-stories-en\" ><div class=\"date_label\">25.08.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/the-french-company-bic-opened-in-sofia-its-first-worldwide-shared-service-center\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo.png 512w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-80x80.png 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/the-french-company-bic-opened-in-sofia-its-first-worldwide-shared-service-center\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">25.08.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/category\/uspeshni-primeri\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/the-french-company-bic-opened-in-sofia-its-first-worldwide-shared-service-center\/\">The French Company BIC Opened in Sofia its First Worldwide Shared Service Center<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\r\n<div class=\"wp-block-image\"><figure class=\"alignleft size-large is-resized\"><img loading=\"lazy\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo.png\" alt=\"\" class=\"wp-image-18951\" width=\"299\" height=\"299\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo.png 512w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/bic-logo-80x80.png 80w\" sizes=\"(max-width: 299px) 100vw, 299px\" \/><\/figure><\/div>\r\n\r\n\r\n\r\n<p>The French company BIC has officially launched its Sofia office and plans to recruit a team of approximately 200 people by 2021. BIC Sofia Services is the world&#8217;s first BIC Shared Service Center and is part of \u201cBIC 2022 &#8211; Invent the future\u201d Group BIC Services (GBS) transformation plan, aimed at increasing efficiency and achieving sustainable growth.<\/p>\r\n\r\n\r\n\r\n<p>The company had carried a long evaluation and destination selection process for its Shared Services office, which began early last year. We are glad that the Invest Sofia team partnered the company to examine the environment in Sofia and choose our beautiful and dynamic city for the place to build its team.<\/p>\r\n\r\n\r\n\r\n<p>The new center in Sofia will consolidate the company&#8217;s administrative activities for BIC&#8217;s European Finance, Accounting, Quality Control, and Customer Service operations. The BIC Sofia Services teammates will share 2,200 square meters of office space, in Tower B of Bulgaria Mall, with a great panoramic view over the city. The company <a href=\"https:\/\/www.jobs.bg\/company\/288068\" target=\"_blank\" rel=\"noreferrer noopener\">is currently recruiting specialists<\/a> for 11 positions.<\/p>\r\n\r\n\r\n\r\n<p>BIC is a world leader in stationery, lighters, and shavers. For more than 75 years, the company has provided high-quality, affordable products to consumers in over 160 countries around the world. Some of BIC&#8217;s iconic brands feature Cello\u00ae, Cont\u00e9\u00ae, BIC FlexTM, Lucky Stationery, Made For YOUTM, Soleil\u00ae, Tipp-Ex\u00ae, Wite-Out\u00ae, among others. In 2019, BIC Net Sales were 1,949.4 million euros.<\/p>\r\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24971\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/the-french-company-bic-opened-in-sofia-its-first-worldwide-shared-service-center\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24762 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">27.07.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/first-sod-bulgarian-eurohpc-petascale-supercomputer-building-sofia-tech-park\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"261\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer.png 853w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-300x196.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-768x501.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-600x391.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-224x146.png 224w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-50x33.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-115x75.png 115w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/first-sod-bulgarian-eurohpc-petascale-supercomputer-building-sofia-tech-park\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">27.07.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/first-sod-bulgarian-eurohpc-petascale-supercomputer-building-sofia-tech-park\/\">First Sod of the Bulgarian EuroHPC Petascale Supercomputer Building at Sofia Tech Park<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><b><img loading=\"lazy\" class=\" wp-image-19338 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer.png\" alt=\"\" width=\"356\" height=\"232\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer.png 853w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-300x196.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-768x501.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-600x391.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-224x146.png 224w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-50x33.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-115x75.png 115w\" sizes=\"(max-width: 356px) 100vw, 356px\" \/><\/b>\n<p><span style=\"font-weight: 400;\">The construction of the building for the supercomputer in Sofia, part of the EuroHPC network, has officially begun. The processing power of the supercomputer will be unique for Bulgaria and the region.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Last year, Bulgaria was chosen as one of the eight sites across the EU that will host the first European supercomputers. The other 7 supercomputing machines will be located in <\/span><span style=\"font-weight: 400;\">Ostrava (Czechia), Kajaani (Finland), Bologna (Italy), Bissen (Luxembourg), Minho (Portugal), Maribor (Slovenia), and Barcelona (Spain).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project is implemented by the \u201cPetascale Supercomputer &#8211; Bulgaria\u201d consortium with a leading partner Sofia Tech Park, and is located on the territory of the technology park. The supercomputer is planned to start operations by the end of February 2021. The state funding in the project, including the estimated operating costs for the first 5 years of exploitation, is EUR 12 mln., out of which 6 mln. are European funding. <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">This is the largest EU investment in Bulgaria related to the scientific infrastructure and is part of the <\/span><span style=\"font-weight: 400;\">pioneering European continent-wide plan to compete with the USA, China, and Japan as a major international player in supercomputing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The supercomputer in Sofia will be able to execute at least 4 billion operations per second and together with the supercomputers in the other locations will support European researchers, the industry and the business in the development of new applications in a wide range of fields such as designing medicines, fighting climate change, testing and simulation in the aviation and automotive industries, data analysis, artificial intelligence, cybersecurity and blockchain.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201eToday\u2019s start of the construction of the digital hub in Sofia is a proof of Bulgaria\u2019s potential to be a regional leader in the field of supercomputers\u201d, said the EU commissioner for Innovation, Research, Culture, Education, and Youth Maria Gabriel at the symbolic groundbreaking ceremony. She emphasized that supercomputers can help ensure more reliable transport, energy saving, effective climate change fighting, and more. She thanked the team of Sofia Tech Park for their diligence, expertise and perseverance in working on the project.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cInvesting in technology, innovation and education is the way Sofia is going. All this is happening thanks to the great support which Sofia receives from the European Union, from our\u00a0 Commissioner Maria Gabriel, and the government.\u201d, said Sofia\u2019s Mayor Ms. Yordanka Fandakova. She stressed that Sofia and Bulgaria will continue to invest in science, education, and to create quality jobs for educated and <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24762\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/first-sod-bulgarian-eurohpc-petascale-supercomputer-building-sofia-tech-park\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24759 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">27.07.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/acronis-plans-turn-office-sofia-largest-rd-centre-world\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"267\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1.jpg 865w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-112x75.jpg 112w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/acronis-plans-turn-office-sofia-largest-rd-centre-world\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">27.07.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/acronis-plans-turn-office-sofia-largest-rd-centre-world\/\">Acronis Plans to Turn the Office in Sofia Into Its Largest R&#038;D Centre in the World<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-23387 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1.jpg\" alt=\"\" width=\"435\" height=\"290\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1.jpg 865w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Acronis-Grand-Opening-Sofia-1-112x75.jpg 112w\" sizes=\"(max-width: 435px) 100vw, 435px\" \/>Two years after settling in Bulgaria, Acronis is planning to expand its team to 1000 employees by the end of 2022 and turn its office in Sofia into the company\u2019s largest R&amp;D centre in the world. This was announced by thecompany\u2019s managing director Plamen Toshev in an <\/span><a href=\"https:\/\/www.economy.bg\/bulgaria\/view\/40485\/Plamen-Toshev-Acronis-Planirame-ofisyt-ni-v-Sofiya-da-se-prevyrne-v-naj-golemiya-RD-centyr-na-kompaniyata-v-sveta\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">interview <\/span><\/a><span style=\"font-weight: 400;\">for Economy.bg.\u00a0<\/span>\n<p><span style=\"font-weight: 400;\">Acronis entered the Bulgarian market with the acquisition of the Sofia-based T-Soft and an investment of 1.2 million leva. The team of Invest Sofia was \u0430 partner of the company throughout the whole process of establishing operations in the capital. The Sofia office started with 30 people and today the world leader employs nearly 300 engineers who work on cyber protection, AI, and blockchain projects.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">See why Acronis chose Sofia for its development centre in <\/span><a href=\"https:\/\/investsofia.com\/en\/sofia-stanislav-protassov-co-founder-acronis\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">our interview \u201cWhy Sofia\u201d with Stanislav Protasov, co-founder of Acronis<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The company was hiring even during the months of crisis measures because of the spread of COVID-19 and last month it put into operation 4 new floors in San Stefano Plaza where the Sofia-based team of Acronis works. At the moment, the company is actively seeking for specialists for 29 open positions announced in the career website of the organization <a href=\"https:\/\/www.acronis.com\/en-eu\/careers\/#positions\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the autumn of 2019, the international leader in cyber security and hybrid cloud solutions became a unicorn with an evaluation of over USD 1,5 billion.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Less than a month ago, Acronis announced the <a href=\"https:\/\/www.acronis.com\/en-us\/pr\/2020\/07\/15-12-01.html\" target=\"_blank\" rel=\"noopener noreferrer\">acquisition<\/a> of DeviceLock, Inc. &#8211; a supplier of software for prevention of data loss from end devices of 4 million computers in over 5000 business organizations and state institutions in the world.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24759\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/acronis-plans-turn-office-sofia-largest-rd-centre-world\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24749 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">21.07.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/nasekomo-closed-round-funding-eur-4-million-largest-publicly-announced-agtech-deal-region\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"208\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-960x498.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1024x473.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/nasekomo-closed-round-funding-eur-4-million-largest-publicly-announced-agtech-deal-region\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">21.07.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/nasekomo-closed-round-funding-eur-4-million-largest-publicly-announced-agtech-deal-region\/\">Nasekomo Closed a EUR 4 mln Funding Round &#8211; the Largest Publicly Announced AgTech Deal in the Region<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\"size-full wp-image-24752 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1.jpg\" alt=\"\" width=\"1078\" height=\"498\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1.jpg 1078w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1-300x139.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1-768x355.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1-1024x473.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1-600x277.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1-260x120.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1-50x23.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Nasekomo-agrotech-funding-2020-1-150x69.jpg 150w\" sizes=\"(max-width: 1078px) 100vw, 1078px\" \/>\n<p><i><span style=\"font-weight: 400;\">Nasekomo <\/span><\/i><span style=\"font-weight: 400;\">received an investment of 4 million Euro from the Bulgarian funds <\/span><span style=\"font-weight: 400;\">NV3 and Morningside Hill backed by the Fund of Funds in Bulgaria and private investors from the UK, France, South Africa and Bulgaria. This is the largest publicly announced AgTech deal in the region. The funds will be used to further develop the company\u2019s automated insect breeding technologies.\u00a0\u00a0\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Nasekomo<\/span><\/i> <span style=\"font-weight: 400;\">utilizes the incredible biological abilities of the larvae of black flies (the so-called Black Soldier fly) to turn organic waste into animal food. In a short time the larvae absorb great amounts of biowaste, drastically increase in size and in turn, after processing, become raw materials for pet food additives, for the agricultural sector, and even for the cosmetics industry.\u00a0\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Nasekomo\u2019s<\/span><\/i><span style=\"font-weight: 400;\"> robotized insect rearing technology is a unique solution on the agrotech market. The company launched only three years ago and since then has managed to increase its production capacity over 25 times.\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe have spent the last 3 years developing unique solutions for the insect rearing market. <\/span><i><span style=\"font-weight: 400;\">Nasekomo <\/span><\/i><span style=\"font-weight: 400;\">has leveraged robotics, A.I. and big data which allow us to produce insect protein efficiently. We will not only be competitively producing large volumes, but also addressing the challenges of our world related to animal feed\u201d, states Marc Bolard, co-founder and technology lead of <\/span><i><span style=\"font-weight: 400;\">Nasekomo<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The 4 million investment will allow <\/span><i><span style=\"font-weight: 400;\">Nasekomo <\/span><\/i><span style=\"font-weight: 400;\">to increase its market presence and its productivity by implementing more solutions related to robotics and automatisation and data analysis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can find more details in the <\/span><a href=\"https:\/\/nasekomo.life\/nasekomo-signs-the-largest-publicly-announced-early-stage-agtech-deal-in-emerging-europe\/\" target=\"_blank\" rel=\"noopener noreferrer\">official company statement<\/a> of Nasekomo.<\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24749\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/nasekomo-closed-round-funding-eur-4-million-largest-publicly-announced-agtech-deal-region\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24688 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">18.07.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/czech-online-retailer-rohlik-cz-invests-500-000-euro-sofia-based-ebag\/\"><div class=\"mask\"><\/div><img width=\"320\" height=\"320\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo.png 320w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-80x80.png 80w\" sizes=\"(max-width: 320px) 100vw, 320px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/czech-online-retailer-rohlik-cz-invests-500-000-euro-sofia-based-ebag\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">18.07.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/czech-online-retailer-rohlik-cz-invests-500-000-euro-sofia-based-ebag\/\">The Czech Online Retailer Rohlik.cz Invests 500 000 Euro in the Sofia-based eBag<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-24683 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo.png\" alt=\"\" width=\"212\" height=\"212\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo.png 320w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/e-bag-logo-80x80.png 80w\" sizes=\"(max-width: 212px) 100vw, 212px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Czech online grocery retailer Rohlik.cz acquires a minority stake in the Sofia-based eBag for a 500 000 euro investment and a future opportunity to double the investment with the consent of the parties to the deal. The investment in the Bulgarian e-shop is part of the European expansion of the Czech company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">eBag delivers more than 15 000 fresh food items from small farms and retailers, including meat, milk, fruit and vegetables delivered to over 35 000 households in Sofia. During the period, when crisis measures against the spread of COVID-19 were implemented, orders through the platform increased exponentially. The company expects the increased demand for and consumption of food ordered online to continue after the crisis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the investment, the Sofia-based company wants to accelerate its growth on the Bulgarian market and to expand its warehouse in Sofia to ensure capacity for the increased number of online orders. In the longer term, eBag wants to launch deliveries to other big cities in Bulgaria, such as Plovdiv and the cities at the Black Sea coast.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Rohlik.cz is based in Prague and is the largest online food store in the Czech Republic. Like its Bulgarian peer eBag, the retailer works with local suppliers and manufacturers. Last year, Rohlik.cz entered the Hingarian market with the acquisition of a local player and plans to expand to other countries such as Austria and Germany as well.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24688\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/czech-online-retailer-rohlik-cz-invests-500-000-euro-sofia-based-ebag\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24672 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">17.07.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/helecloud-acquires-bulgarian-cloud-software-engineering-company-datastork\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"227\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo.png 782w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-300x170.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-768x435.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-600x340.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-258x146.png 258w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-50x28.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-132x75.png 132w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/helecloud-acquires-bulgarian-cloud-software-engineering-company-datastork\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">17.07.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/helecloud-acquires-bulgarian-cloud-software-engineering-company-datastork\/\">The British HeleCloud Acquires the Bulgarian Cloud Software Engineering Company DataStork<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-24669 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo.png\" alt=\"\" width=\"401\" height=\"227\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo.png 782w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-300x170.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-768x435.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-600x340.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-258x146.png 258w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-50x28.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Datastork-logo-132x75.png 132w\" sizes=\"(max-width: 401px) 100vw, 401px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">HeleCloud, a British technology consultant in the Amazon Web Services (AWS) platform, announced the acquisition of 100 percent of the Sofia-based cloud software engineering company DataStork. DataStork will continue to operate under its name as a wholly owned subsidiary of HeleCloud. \u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through its experience with large cloud systems, the Internet of Things (IoT) and large data for international customers such as Bosch and Uber, DataStork is in a perfect position to expand HeleCloud&#8217;s portfolio of high value-added cloud software services, founder and executive director of the Bulgarian company Doychin Yordanov sais in the <a href=\"https:\/\/helecloud.com\/newsroom\/helecloud-acquires-cloud-software-engineering-specialist-datastork\/\" target=\"_blank\" rel=\"noopener noreferrer\">official statement<\/a>.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Sofia-based DataStork was founded in 2016 and specializes in a wide range of technologies such as Microservices, IoT, Serverless, DevOps, BigData and others. The company currently employs over 20 software engineers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The value of the deal remains undisclosed, but it is supported by BGF, an active investor in the UK and Ireland. Last year, the London fund supported HeleCloud for another acquisition &#8211; the Dutch OlinData, which specializes in open source infrastructure. The acquisition of DataStork is part of HeleCloud&#8217;s ambition to become a leading partner for public cloud services in Europe, the company says in its statement.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Since the beginning of 2017, HeleCloud is an authorized partner of Amazon Web Services and an official distributor of Amazon Web Services for Bulgaria through its company HeleCloud Bulgaria. The company is registered and based in London, among its co-founders are three Bulgarians<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to London, the company has offices in Hague and in Sofia. The Sofia-based team is the biggest one at this stage. In the summer of 2019, HeleCloud Bulgaria moved to a new larger office. The company has a strategic partnership with the Faculty of Mathematics and Informatics at Sofia University for a specialized course focused on the AWS Cloud platform and some of the latest technologies in the industry.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24672\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/helecloud-acquires-bulgarian-cloud-software-engineering-company-datastork\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24663 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">17.07.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/design-assembling-walltopia-builds-tallest-climbing-wall-world\/\"><div class=\"mask\"><\/div><img width=\"395\" height=\"383\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Walltopia-Copenhill-1.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Walltopia-Copenhill-1.jpg 395w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Walltopia-Copenhill-1-300x291.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Walltopia-Copenhill-1-151x146.jpg 151w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Walltopia-Copenhill-1-50x48.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Walltopia-Copenhill-1-77x75.jpg 77w\" sizes=\"(max-width: 395px) 100vw, 395px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Walltopia-Copenhill-1.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/design-assembling-walltopia-builds-tallest-climbing-wall-world\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">17.07.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/design-assembling-walltopia-builds-tallest-climbing-wall-world\/\">From Design to Assembling, Walltopia Built up the Tallest Climbing Wall in the World<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\n<p><span style=\"font-weight: 400;\">The Sofia-based Walltopia has built the world&#8217;s tallest outdoor climbing structure onto the side of CopenHill, a waste-to-energy plant in Copenhagen. The structure is 80 meters high and is designed, manufactured and installed entirely by the Bulgarian team of the company.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">CopenHill is capable of converting 440,000 tons of waste into clean energy annually. The power plant is a 41,000-square-metre facility with an urban recreation centre and an environmental education hub, topped by a 400 metres long artificial ski slope, slalom course and green rooftop park with panoramic views of the Danish capital. CopenHill is part of Copenhagen\u2019s goal to become the world\u2019s first carbon-neutral city by 2025.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">When the power plant went under construction, the owners of the building started a tender competition where all major climbing wall suppliers were invited. The Walltopia team won the project in compliance with all of the requirements related to design, fixed budget, appearance matching the building architecture, climbing routes with varying difficulty for a supreme climbing experience &#8211; all these on a scale that has never been done before.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The climbing wall is split into four 20 metres high pitches with rest areas that use the ledges of the facade of the building itself. The wall starts on a platform above the ground level to limit people from climbing without supervision. Walltopia had to find the right balance between appearance and functionality and to create a structure that matches the impressive architecture of CopenHill, to prevent blocking the light entering the building, as well as to choose building materials that will withstand the harsh Scandinavian climate. The 80 metres construction is made of materials produced in Bulgaria and is designed, engineered, and\u00a0 assembled on site entirely by the Bulgarian team of Walltopia.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Find out more about the making of the CopenHill climbing wall<\/span> <a href=\"https:\/\/www.walltopia.com\/en\/about\/newsroom\/item\/1081-the-making-of-copen-hill-the-tallest-climbing-wall-in-the-world\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/p>\n<p><span style=\"font-weight: 400;\">Walltopia, founded in Sofia in 1998, is the world\u2019 s leading climbing walls manufacturer. The company has built climbing walls in more than 70 countries on 6 continents and has offices in the USA, the UK, Canada, Germany, Austria, Russia, China, the UAE and the Asia Pacific region. For its headquarters in Sofia, Walltopia has built its own office building on Tzarigradsko Shose Blvd, close to Sofia Tech Park, and has two manufacturing facilities &#8211; in Letnitsa and Bozhurishte. The company currently employs over 600 people.\u00a0\u00a0<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24663\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/design-assembling-walltopia-builds-tallest-climbing-wall-world\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24652 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">15.07.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/superhosting-bg-joins-belgian-team-blue-leading-european-hosting-group\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"330\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1.jpg 456w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1-300x247.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1-177x146.jpg 177w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1-50x41.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1-91x75.jpg 91w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/superhosting-bg-joins-belgian-team-blue-leading-european-hosting-group\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">15.07.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/superhosting-bg-joins-belgian-team-blue-leading-european-hosting-group\/\">SuperHosting.bg Joins the Leading European Hosting Group team.blue<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-24634 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1.jpg\" alt=\"\" width=\"255\" height=\"210\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1.jpg 456w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1-300x247.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1-177x146.jpg 177w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1-50x41.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/07\/Superhosting-TeamBlue-1-91x75.jpg 91w\" sizes=\"(max-width: 255px) 100vw, 255px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Belgian Team.blue, the largest hosting group in Western Europe, acquired the Sofia-based SuperHosting.bg &#8211; a market leader in Bulgaria in professional web hosting, domains, and VPS services. The company will continue to develop under the same brand and with the same team and management.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is SuperHosting.bg\u2019s second success for the last year. In 2019, the company launched an office in Belgrade and SuperHosting.RS quickly became a preferred partner for many small- and medium-sized businesses in Serbia. Following this step, the Sofia-based company wants to continue its expansion in the region at a time when the hosting industry has become one of the sectors with the highest boost by the pandemic, and digital solutions have become the only option for many businesses to keep their activity.\u00a0\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">This is an important step that will allow us not only to expand our presence in the region but also to turn our office in Sofia into a regional hub for digital services and online business. The entry of a strategic investor for the sector, such as team.blue, positions Bulgaria as a regional center for hosting services and online business<\/span><\/i><span style=\"font-weight: 400;\">, states the company in its official statement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/blog.superhosting.bg\/sh-part-of-european-group.html\" target=\"_blank\" rel=\"noopener noreferrer\">SuperHosting.bg<\/a> was founded in 2005 and today has a 40% share of the local market and nearly 100 employees in its office in Sofia. By joining the Belgian group, the Sofia-based company will help team.blue expand its presence in the region.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <a href=\"https:\/\/press.team.blue\/189430-superhosting-a-market-leader-in-bulgaria-joins-team-blue\" target=\"_blank\" rel=\"noopener noreferrer\">team.blue<\/a> Group includes over 30 local European brands and serves over 2 million customers in 10 markets in Europe. This is the second acquisition for the Belgian company in the last month after a deal for the Turkish hosting provider Natro in June. With the acquisition of SuperHosting, the group aims to further strengthen its position in the CEE region.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24652\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/superhosting-bg-joins-belgian-team-blue-leading-european-hosting-group\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24404 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-success-stories-en\" ><div class=\"date_label\">26.06.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-ranks-1st-smart-city-development-emerging-europe-business-friendly-cities-perception-ranking-2020\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"223\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/smart-city-development-1024x536-960x536.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/smart-city-development-1024x536-1024x536.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-ranks-1st-smart-city-development-emerging-europe-business-friendly-cities-perception-ranking-2020\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">26.06.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news\/\" rel=\"category tag\">News<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-ranks-1st-smart-city-development-emerging-europe-business-friendly-cities-perception-ranking-2020\/\">Sofia Ranks 1st in Smart City Development in the Emerging Europe &#8216;Business-Friendly Cities Perception Ranking 2020&#8217;<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\"size-full wp-image-24388 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/smart-city-development-1024x536.png\" alt=\"\" width=\"1024\" height=\"536\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/smart-city-development-1024x536.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/smart-city-development-1024x536-300x157.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/smart-city-development-1024x536-768x402.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/smart-city-development-1024x536-600x314.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/smart-city-development-1024x536-260x136.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/smart-city-development-1024x536-50x26.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/smart-city-development-1024x536-143x75.png 143w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Sofia ranks 1st in the Smart City Development category and 7th in the overall ranking of Emerging Europe for the best cities for doing business in Central and Eastern Europe &#8211; <\/span><a href=\"https:\/\/emerging-europe.com\/news\/budapest-named-emerging-europes-most-business-friendly-city-tbilisi-lodz-bucharest-sofia-tallinn-warsaw-and-prague-also-recognised\/\" target=\"_blank\" rel=\"noopener noreferrer\"><i><span style=\"font-weight: 400;\">Business-Friendly Cities Perception Ranking 2020<\/span><\/i><\/a><span style=\"font-weight: 400;\">. Sofia is also in the Top 10 in the Quality of Life category, sharing the 5th place with Gdynia, Poland, Bratislava, and Slovakia. For the ranking, Emerging Europe investigated 75 cities in the region of developing Europe &#8211; capitals and cities with over 200,000 inhabitants.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><i><span style=\"font-weight: 400;\">Business-Friendly Cities Perception Ranking 2020<\/span><\/i><span style=\"font-weight: 400;\"> is part of the Emerging Europe Awards 2020 &#8211; the third edition of a program that presents the best of Europe&#8217;s developing region and honors the achievements of individuals, public and private organizations, projects, and initiatives.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Budapest has been named the most business-friendly city. The Hungarian capital also tops two of the eight categories taken into account in the ranking &#8211; <\/span><i><span style=\"font-weight: 400;\">Brand<\/span><\/i><span style=\"font-weight: 400;\">, and Local Authority Support.\u00a0 Sofia, along with Tallinn, is the winner in the category Smart City Development. Tbilisi leads in <\/span><i><span style=\"font-weight: 400;\">Economic Potential<\/span><\/i><span style=\"font-weight: 400;\">, \u0141\u00f3d\u017a in <\/span><i><span style=\"font-weight: 400;\">Business Climate<\/span><\/i><span style=\"font-weight: 400;\">, Bucharest in <\/span><i><span style=\"font-weight: 400;\">Pool of Talent<\/span><\/i><span style=\"font-weight: 400;\">, Warsaw in <\/span><i><span style=\"font-weight: 400;\">Infrastructure and Connectivity<\/span><\/i><span style=\"font-weight: 400;\">, and Prague in <\/span><i><span style=\"font-weight: 400;\">Quality of Life<\/span><\/i><span style=\"font-weight: 400;\">. Budapest, Prague, and Warsaw lead the overall ranks,\u00a0where Sofia ranks 7th.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Due to the restrictive measures around Covid-19, this year, the ranking was presented online. In its publication, Emerging Europe quoted the Mayor of Sofia Yordanka Fandakova on the occasion of Sofia&#8217;s recognition as one of the two leading cities in the category <\/span><i><span style=\"font-weight: 400;\">Smart City Development<\/span><\/i><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u201cOur efforts are focused on implementing innovative solutions in city governance and urban development,\u201d she says. \u201cSofia is changing and the most important thing is that more and more citizens are taking part in this change. Sofia\u2019s most valuable asset is the city\u2019s highly educated workforce that is demanding a constantly improving city environment. We are working with a consistent focus on one strategic priority \u2013 the improvement of the quality of life of its citizens.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24404\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-ranks-1st-smart-city-development-emerging-europe-business-friendly-cities-perception-ranking-2020\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24365 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-success-stories-en\" ><div class=\"date_label\">22.06.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-included-technology-cities-future-202021-report-fdi-magazine-tnw\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"254\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/fDI-Tech-cities-Sofia-1-960x610.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/fDI-Tech-cities-Sofia-1-1024x608.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-included-technology-cities-future-202021-report-fdi-magazine-tnw\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">22.06.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news\/\" rel=\"category tag\">News<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-included-technology-cities-future-202021-report-fdi-magazine-tnw\/\">Sofia Included in Technology Cities of the Future 2020\/21 Report by fDi Magazine and TNW<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-24357 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/fDI-Tech-cities-Sofia.jpg\" alt=\"\" width=\"453\" height=\"600\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/fDI-Tech-cities-Sofia.jpg 453w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/fDI-Tech-cities-Sofia-227x300.jpg 227w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/fDI-Tech-cities-Sofia-110x146.jpg 110w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/fDI-Tech-cities-Sofia-38x50.jpg 38w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/fDI-Tech-cities-Sofia-57x75.jpg 57w\" sizes=\"(max-width: 453px) 100vw, 453px\" \/>TNW&#8217;s and fDi Magazine&#8217;s international panel of judges have now selected the winners and top-performing cities in the debut research and ranking entitled <\/span><i><span style=\"font-weight: 400;\">Tech Cities of the Future 2020\/21<\/span><\/i><span style=\"font-weight: 400;\">. Data was collected for 76 locations in Europe, 25 in total were shortlisted, Sofia being among them.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">We are delighted to announce that Sofia has received a high score in the following 3 categories:<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">&#8211; 20th in fDi and TNW Tech City of the Future 2020\/21<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">&#8211; 7th in fDi and TNW Tech City of the Future 2020\/21 for Cost Effectiveness<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">&#8211; 17th in fDi and TNW Tech City of the Future 2020\/21 for F.D.I. Strategy\u00a0<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><i><span style=\"font-weight: 400;\">Technology Cities of the Future 2020\/20 <\/span><\/i><span style=\"font-weight: 400;\">\u00a0is a debut ranking focused on finding those European cities with the most promising prospects for start-ups, tech and innovation investment. London, Paris and Dublin are the top-ranking cities in the overall ranking.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Cities were evaluated under five categories: <\/span><i><span style=\"font-weight: 400;\">Economic Potential, Innovation and Attractiveness, FDI Performance, Cost Effectiveness<\/span><\/i><span style=\"font-weight: 400;\"> and <\/span><i><span style=\"font-weight: 400;\">Start-up Environment<\/span><\/i><span style=\"font-weight: 400;\">. In addition, surveys were collected under a sixth category &#8211; <\/span><i><span style=\"font-weight: 400;\">FDI Strategy<\/span><\/i><span style=\"font-weight: 400;\">. Locations that ranked in the top 20 in this category were given bonus points, which contributed to their overall score.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">We believe that the next inclusion of Sofia in a prestigious international ranking is of great importance for the positive image of the city and its strong position on the global map of innovation, technology and business hubs.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">fDi Magazine, in partnership with TNW, has prepared this debut issue of <\/span><i><span style=\"font-weight: 400;\">Technology Cities of the Future 2020\/21<\/span><\/i><span style=\"font-weight: 400;\"> to highlight the impact of tech hubs on the global economy. <em>Silicon Valley, with its high concentration of hardware and software companies, is by far the most famous representation of a tech city \u2013 but the concept has been exported and replicated across the globe. Tech cities are hugely beneficial to local, national, and international economies. They create employment, attract investment, talent, and can help re-energise local pockets in cities and more remote areas.\u00a0One thing is for sure: tech cities seldom emerge on their own, rather they are often the byproduct of resolute urban planning and government intervention<\/em>, the report states.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The full document is available for free download: <\/span><a href=\"https:\/\/www.fdiintelligence.com\/article\/77846\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">https:\/\/www.fdiintelligence.com\/article\/77846<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">fDi Intelligence is a department of Financial Times, specializing in areas relating to investment and promotion of the investment climate globally. The professional magazine targets <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24365\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-included-technology-cities-future-202021-report-fdi-magazine-tnw\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24346 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">19.06.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-healee-raises-800-000-euro-eleven-hr-capital\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"220\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-bg-960x529.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-bg-1024x450.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-based-healee-raises-800-000-euro-eleven-hr-capital\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">19.06.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-healee-raises-800-000-euro-eleven-hr-capital\/\">The Sofia-based Healee Raises 800 000 Euro from Eleven and HR Capital<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\"size-full wp-image-24347 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-eng.jpg\" alt=\"\" width=\"1215\" height=\"574\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-eng.jpg 1215w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-eng-300x142.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-eng-768x363.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-eng-1024x484.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-eng-600x283.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-eng-260x123.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-eng-50x24.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Healee-eng-150x71.jpg 150w\" sizes=\"(max-width: 1215px) 100vw, 1215px\" \/>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The Bulgarian telemedicine platform Healee received funding of EUR 800 000 from two local VC funds in order to expand its market presence to USA, Germany, Great Britain, Australia and others.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Healee offers a remote connection between doctors and patients with video connection, exchange of photos and clinical results plus chat. The platform works for both mobile and desktop devices. The company says that since the beginning of the COVID-19\u00a0 crisis the platform has registered a 300% jump in online consulting sessions. The price of the consultations is determined by the medical practitioners, with the platform charging a 10% fee.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">In times like these, telemedicine is essential for patients and doctors. This is the most appropriate and often the only option for people to talk to a doctor without exposing themselves and others to the risk of infection and without putting additional stress on overburdened hospitals, <\/span><\/i><a href=\"https:\/\/www.campusx.company\/post\/6-community-successes-in-uncertain-times\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">the company explains<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The interest in telemedicine as a service is expected to grow further after the end of the pandemic.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Healee has launched a little over one year ago and is a part of the large CampusX family.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24346\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-based-healee-raises-800-000-euro-eleven-hr-capital\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24335 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">19.06.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/bosch-engineering-center-sofia-work-hardware-development\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"177\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Bosch-logo.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Bosch-logo.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/bosch-engineering-center-sofia-work-hardware-development\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">19.06.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/bosch-engineering-center-sofia-work-hardware-development\/\">Bosch Engineering Center in Sofia to Work on Hardware Development<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-19184 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Bosch-logo.png\" alt=\"\" width=\"436\" height=\"193\" \/>A year after Bosch opened a software engineering center for the automotive industry in Sofia Tech Park, Bosch will also have a hardware department in Sofia to work on the engineering of key automotive control components.<\/span>\n<p><span style=\"font-weight: 400;\">According to the <a href=\"https:\/\/www.capital.bg\/biznes\/kompanii\/2020\/06\/04\/4074927_injenerniiat_centur_na_bosch_v_sofiia_veche_razrabotva\/\" target=\"_blank\" rel=\"noopener noreferrer\">interview for Capital<\/a> of Thomas Metz, Managing Director of Bosch Engineering Center Sofia, as a first step, the Sofia team will develop hardware for a central communication module (Automotive Gateways). Modules play an important role as a central hub for the communication of the electronic control units in an automobile.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Sofia-based team is also a part of over 40 projects together with the company\u2019s development units in Germany, USA, Hungary, and Romania. Projects include driver assistance systems (AI monitoring and evaluation of the behavior of drivers to prevent accidents), automated driving, electric mobility, a front-facing video camera tracking the road conditions, intelligent headlight control, and even software for electric bicycles.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the COVID-19 crisis, the German company plans to expand further and continues to expand its team in Sofia. The office opened with 120 employees, and today the Sofia-based team exceeds 250 people.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24335\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/bosch-engineering-center-sofia-work-hardware-development\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24317 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">15.06.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-cloudcart-received-eur-500000-funding-venture-capital-fund-new-vision-3\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"243\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia-960x583.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia-1024x477.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-based-cloudcart-received-eur-500000-funding-venture-capital-fund-new-vision-3\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">15.06.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-cloudcart-received-eur-500000-funding-venture-capital-fund-new-vision-3\/\">The Sofia-based CloudCart Raises 500,000 Euro from the VC Fund New Vision 3<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\"size-full wp-image-24312 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia.jpg\" alt=\"\" width=\"1252\" height=\"583\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia.jpg 1252w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia-300x140.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia-768x358.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia-1024x477.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia-600x279.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia-260x121.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia-50x23.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/CoudCart-ENG-Sofia-150x70.jpg 150w\" sizes=\"(max-width: 1252px) 100vw, 1252px\" \/>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The Sofia-based e-commerce platform CloudCart raised \u20ac 500 000 in funding from the venture capital fund New Vision 3 (NV3). The money comes from public funding from the Bulgarian Fund of Funds, as well as private capital. The investment will be aimed at market expansion in Europe. In return for the investment,<\/span><a href=\"https:\/\/www.newvision3.com\/post\/nv3-announces-its-investment-in-cloudcart\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"> NV3 acquires a minority stake<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CloudCart AD was founded in Sofia in 2016. The company develops the e-commerce software CloudCart which is an intuitive software for entrepreneurs who want to transfer their business quickly and easily online. Merchants can build their stores on the platform for free and sell free of charge up to their first BGN 1000 in turnover.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CloudCart has over 2000 active paid merchants in nearly 100 countries around the world, who, in turn, sell to end customers in 200 countries. <\/span><span style=\"font-weight: 400;\">CloudCart stores have reached 35 million unique visitors and over 3 million deals totaling BGN 130 million. During the COVID-19 lockdown, over 1,200 small and large businesses have managed to quickly bring their business online with CloudCart&#8217;s &#8220;Go through the crisis. Go online&#8221; campaign.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2019, CloudCart ranked <\/span><a href=\"https:\/\/cloudcart.com\/bg\/blog\/cloudcart-v-top-3-na-klasatsiyata-best-business-tools-2019\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">in the Top 3<\/span><\/a><span style=\"font-weight: 400;\"> of the prestigious Newsweek Best Business Tools ranking in the category &#8220;eCommerce Software&#8221;, along with some of the most popular international e-commerce platforms like Magento, Shopify, and BigCommerce.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24317\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-based-cloudcart-received-eur-500000-funding-venture-capital-fund-new-vision-3\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24220 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.06.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/american-dow-jones-%d0%b5stablish-technology-department-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-1024x1024.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/american-dow-jones-%d0%b5stablish-technology-department-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.06.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/american-dow-jones-%d0%b5stablish-technology-department-sofia\/\">The American Dow Jones to \u0415stablish a Technology Department in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-24259 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo.jpg\" alt=\"\" width=\"286\" height=\"286\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo.jpg 1200w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-768x767.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-1024x1024.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-600x600.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/06\/Dow_Jones_Logo-80x80.jpg 80w\" sizes=\"(max-width: 286px) 100vw, 286px\" \/>The American publishing and financial information media group Dow Jones will form a technology team in Sofia. The experts here will work as part of the company&#8217;s core technology team and will be engaged in the development of the Dow Jones dynamic platform that provides access to a comprehensive collection of economic and financial news and data to users worldwide.<\/span>\n<p><span style=\"font-weight: 400;\">In its portfolio, Dow Jones has world-famous brands such as The Wall Street Journal, Factiva, MarketWatch, and Financial News. Today, it is part of the News Corp group, represented in Sofia by the News UK media group, that stands behind some of the most influential media in the English-speaking world such as The Times, The Sun and The Sunday Times.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">News UK formed a technology team in Sofia at the end of 2018. At that time, its partner for the formation of the Sofia office was the Bulgarian office of Questers. Now Questers is once again a strategic partner for Dow Jones&#8217; planned expansion. News Corp has taken its decision referring to its previous positive experience in our country and the high efficiency of its operations in Sofia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Sofia team of Dow Jones is expected to start with ten specialists, but judging by the experience of the company in Bulgaria with its group News UK, the team members are expected to grow in number quickly.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To build and grow its Sofia-based team, Dow Jones is looking for tech-savvy DevOps and .Net Software Engineers. Learn more about the available positions <a href=\"https:\/\/www.questers.com\/open-positions?srch=Dow+Jones&amp;cat=All\">here<\/a>.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24220\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/american-dow-jones-%d0%b5stablish-technology-department-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24162 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">04.06.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/alcatraz-ai-expand-teams-silicon-valley-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia-2-960x750.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia-2.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/alcatraz-ai-expand-teams-silicon-valley-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">04.06.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/alcatraz-ai-expand-teams-silicon-valley-sofia\/\">Alcatraz AI to Expand Its Teams in the Silicon Valley and in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-24029 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia.jpg\" alt=\"\" width=\"470\" height=\"157\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia.jpg 1500w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia-300x100.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia-768x256.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia-1024x341.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia-600x200.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia-260x87.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia-50x17.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Alcatraz-ai-Sofia-150x50.jpg 150w\" sizes=\"(max-width: 470px) 100vw, 470px\" \/>Alcatraz AI is relocating its teams from the Silicon Valley and Sofia offices to new, bigger spaces to welcome a growing international team and prepare for the launch of their new product for 3D facial recognition <\/span><a href=\"https:\/\/www.biometricupdate.com\/?posttype=all&amp;s=Alcatraz+Rock+\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Alcatraz Rock<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new office in the U.S. is in Redwood City, California, where a team of more than 50 experts will join efforts on scientific research and development. In Sofia, the team will have\u00a0 6,500 square feet at its disposal and will serve as the company\u2019s European center.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAs we move into mass production, the Alcatraz team is growing as well and so it was important for us to expand our office space both in Silicon Valley where we started and in our Sofia, Bulgaria location as well,\u201d Alcatraz Founder and CEO Vince Gaydarzhiev said in an official statement, cited by <\/span><a href=\"https:\/\/www.biometricupdate.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">BiometricUpdate.com<\/span><\/a><span style=\"font-weight: 400;\"> &#8211;\u00a0 a leading media in the field of biometrics.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to Vins Gaydarzhiev, the new product <\/span><i><span style=\"font-weight: 400;\">Alcatraz Rock<\/span><\/i><span style=\"font-weight: 400;\"> is attracting a lot of attention because it offers biometric authentication without the need for touchpoints (which is now required for access control through fingerprint scanners, access control badges, turnstiles, and others). Alcatraz Rock works through 3D Facial Authentication and the COVID-19 pandemic imposed on the companies to look for new solutions for working spaces that don\u2019t require physical touch, in ensuring secure access to the working space as well.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company presented the new platform in February 2020, at an exhibition in Las Vegas. Developed by the same Apple engineers involved in the FaceID project, the product comes in response to the demand for new face recognition applications, which have become very popular with smartphones. The access control and security market are among the areas in which the technology finds a broad field for new applications.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to pure facial recognition, Alcatraz Rock 3D also detects actions such as tailgating and piggybacking by recognizing the attempt and immediately alerting on a potentially criminal act. The solution also uses artificial intelligence and detects the behavior of people who do not naturally belong to a given environment or behave suspiciously.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Alcatraz was founded in Palo Alto, California, in 2016, and only a year later opened an office in Sofia. From the very beginning, the Bulgarian engineering team has been involved in the development of the company&#8217;s products. There are nearly 20 employees here, and the company <\/span><span style=\"font-weight: 400;\">is currently recruiting <\/span><a href=\"https:\/\/www.alcatraz.ai\/jobs\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">more specialists<\/span><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24162\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/alcatraz-ai-expand-teams-silicon-valley-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24122 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">03.06.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/world-bank-expands-operations-one-year-opening-sofia-office\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"227\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo.jpg 750w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-300x170.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-600x340.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-258x146.jpg 258w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-132x75.jpg 132w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/world-bank-expands-operations-one-year-opening-sofia-office\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.06.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/world-bank-expands-operations-one-year-opening-sofia-office\/\">The World Bank Expands its Operations One Year After Opening its Sofia Office<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"wp-image-16243 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo.jpg\" alt=\"\" width=\"245\" height=\"139\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo.jpg 750w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-300x170.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-600x340.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-258x146.jpg 258w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-132x75.jpg 132w\" sizes=\"(max-width: 245px) 100vw, 245px\" \/>The World Bank intends to expand its office in Sofia and add new services such as corporate security, accounting, human resources and public procurement to its operations in the city. The announcement was made at a meeting of the Bulgarian Council of Ministers.<\/span>\n<p><span style=\"font-weight: 400;\">Due to its plans for more activities in the country, the bank will lease 650 square metres of office space in addition to the<\/span><a href=\"http:\/\/gtc.com.pl\/world-bank-as-a-new-tenant-of-advance-business-center-ii\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">4,000 square metres rented in January<\/span><\/a><span style=\"font-weight: 400;\"> in the Advance Business Center II building currently under construction by the Polish company GTC near the Business Park in the Mladost neighborhood.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The agreement on the World Bank&#8217;s entry into Bulgaria was signed just a year ago after a long process of evaluating the environment in several competing locations on criteria such as stability, quality of the IT infrastructure, advanced technology sector, competences of the labor force.<\/span> <span style=\"font-weight: 400;\">Thus, Sofia became<\/span><a href=\"https:\/\/www.worldbank.org\/bg\/news\/press-release\/2019\/07\/18\/world-bank-group-opens-new-office-for-shared-services-in-bulgaria\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">the group&#8217;s second shared services center<\/span><\/a><span style=\"font-weight: 400;\"> after the one in Chennai, India, which opened in 2001. At the opening of the office, the bank announced its intention to hire 300 specialists in the city within five years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The<\/span><a href=\"http:\/\/www.advancecenter.bg\/bg\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Advance Business Center II<\/span><\/a><span style=\"font-weight: 400;\"> building should be completed by the end of this year. It will offer 17,500 square metres of Class A office space on 10 floors, a three-level underground parking garage, food courts and a LED video wall.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24122\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/world-bank-expands-operations-one-year-opening-sofia-office\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24057 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">24.05.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/startupblink-updates-sofias-startup-ecosystem-profile-2020-global-ecosystem-ranking\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"204\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map.jpg 792w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-300x153.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-768x391.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-600x305.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-260x132.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-50x25.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-147x75.jpg 147w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/startupblink-updates-sofias-startup-ecosystem-profile-2020-global-ecosystem-ranking\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">24.05.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news\/\" rel=\"category tag\">News<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/startupblink-updates-sofias-startup-ecosystem-profile-2020-global-ecosystem-ranking\/\">StartupBlink Updates Sofia\u2019s Startup Ecosystem Profile in its 2020 Global Ecosystem Ranking<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><b><img loading=\"lazy\" class=\"size-full wp-image-24051 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map.jpg\" alt=\"\" width=\"792\" height=\"403\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map.jpg 792w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-300x153.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-768x391.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-600x305.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-260x132.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-50x25.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/StartupBlink-Sofia-Map-147x75.jpg 147w\" sizes=\"(max-width: 792px) 100vw, 792px\" \/><\/b>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The new 2020 edition of <\/span><i><span style=\"font-weight: 400;\">Startup Blink\u2019s Global Ecosystem Ranking <\/span><\/i><span style=\"font-weight: 400;\">will include an updated profile of Sofia\u2019s startup ecosystem and a case study about Sofia in the deep dive section of the report.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the world&#8217;s most comprehensive report ranking over 100 countries and 1,000 cities will be officially presented during two launch online seminars on Tuesday, 26 May &#8211; at 11.00 a.m. London time (13.00 a.m. Sofia time) and at 18:00 London time (20:00 Sofia time).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Vladimir Danailov, Deputy Mayor of Sofia for Digitalization, Innovation and Economic Development was<\/span><span style=\"font-weight: 400;\"> invited <\/span><span style=\"font-weight: 400;\">to present Sofia during the first online seminar (at 13:00 Sofia time).\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/webinar.startupblink.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">You can sign up for the event here!\u00a0<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">At the invitation of StartupBlink, <a href=\"https:\/\/innovativesofia.bg\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\">Innovative Sofia<\/a> (the Digitalization, Innovation and Economic Development department of Sofia Municipality) supported the process of compiling and updating the information and data about Sofia for the 2020 edition of the Global Ecosystem Ranking Report, read by tens of thousands of decision-makers and featured in over 1,000 articles to date.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The document will include a case study on our ecosystem in the deep dive section and a short overview of some of its main stakeholders\u00a0 &#8211; <\/span><span style=\"font-weight: 400;\">successful <\/span><span style=\"font-weight: 400;\">startups, coworking spaces, accelerators, etc.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Based on a preliminary algorithm, StartupBlink identified a few ecosystems where the lack of data is hurting their rankings, including Sofia. <\/span><span style=\"font-weight: 400;\">We believe that sharing information and spreading the word about Sofia\u2019s ecosystem achievements is important for attracting partners and talents and for preventing brain drain.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">StartupBlink is among the world\u2019s largest platforms for startups and research centres.<\/span> <span style=\"font-weight: 400;\">It manages dozens of communities around the world, including developers, public sector organisations, co-working spaces, accelerators and tens of thousands of entrepreneurs. The platform features modules for mapping and analysis as well as promotion. Once a year, it publishes a comprehensive global startup ecosystem analysis report, comparing information from more than 1,000 cities in 100 countries.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">StartupBlink is working with dozens of stakeholders from the public sector on various modules including ecosystem promotion, mapping, and consulting. More information about StartupBlink and its reports is available on the<\/span> <a href=\"https:\/\/t.sidekickopen77.com\/s1t\/c\/5\/f18dQhb0S7lM8dDMPbW2n0x6l2B9nMJN7t5XWPfhMynW2z90KP1qMCsgW56dQ4c8sczwg102?te=W3R5hFj4cm2zwW4mKLS-4cQgwjW4fPfPY3ZWVWBW1JxwY51LvFJtW3NC11M3K9dy90&amp;si=8000000002055472&amp;pi=40456d17-d2cf-424d-8f16-69503d30a327\"><span style=\"font-weight: 400;\">press page<\/span><\/a> <span style=\"font-weight: 400;\">with articles, including references from Prime Ministers, Ministers and Mayors around the world.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24057\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/startupblink-updates-sofias-startup-ecosystem-profile-2020-global-ecosystem-ranking\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-24043 post type-post status-publish format-standard has-post-thumbnail hentry category-buletin category-success-stories-en\" ><div class=\"date_label\">23.05.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/support-bulgarian-team-volunteers-successfully-adapts-snorkeling-masks-protective-masks-healthcare-professionals-oxygen-therapy-masks-patients\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-960x750.jpeg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-960x750.jpeg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-1280x1000.jpeg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-1024x673.jpeg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/support-bulgarian-team-volunteers-successfully-adapts-snorkeling-masks-protective-masks-healthcare-professionals-oxygen-therapy-masks-patients\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">23.05.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/category\/buletin\/\" rel=\"category tag\">\u0411\u044e\u043b\u0435\u0442\u0438\u043d<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/support-bulgarian-team-volunteers-successfully-adapts-snorkeling-masks-protective-masks-healthcare-professionals-oxygen-therapy-masks-patients\/\">Support the Bulgarian Team of Volunteers That Successfully Adapts Snorkeling Masks to Protective Masks for Healthcare Professionals and Oxygen Therapy Masks for Patients<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\">A Bulgarian team, part of the world <\/span><span style=\"font-weight: 400;\">volunteer <img loading=\"lazy\" class=\"alignright wp-image-23981 \" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-300x197.jpeg\" alt=\"\" width=\"344\" height=\"226\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-300x197.jpeg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-768x504.jpeg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-1024x673.jpeg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-600x394.jpeg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-222x146.jpeg 222w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-50x33.jpeg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG-114x75.jpeg 114w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Air-Collective-BG.jpeg 1920w\" sizes=\"(max-width: 344px) 100vw, 344px\" \/>initiative Air Collective, started the production of specially devised masks to be used in the fight against COVID-19. The volunteers are turning snorkeling masks into specially devised protective masks for medical workers and oxygen therapy masks for patients. Several hospitals in Bulgaria have received 150 masks and are already working with the equipment &#8211;\u00a0 the Alexandrovska University Hospital in Sofia, the Specialized Hospital for Active Treatment of Pulmonary Diseases Pernik EOOD, the Multiprofile Hospital for Active Treatment\u00a0 \u201cProf. Stoyan Kirkovich\u201d in Stara Zagora, and hospitals in Sliven, Vratsa, Dupnitsa, Kyustendil, Blagoevgrad, among others.<\/span>\n<p><span style=\"font-weight: 400;\">Considering the current situation of a rapid rise in the number of medical professionals testing positive for the disease, the demand for supplies is increasing. So far, manufacturing and logistics have been possible entirely thanks to the team\u2019s resources. However, to be able to respond to the increased demand and deliver equipment to more hospitals, the team is launching an official campaign to raise funds for the purchase of supplies and logistics. The team\u2019s work continues to be voluntary.\u00a0\u00a0\u00a0<\/span><\/p>\n<p><b><br \/>\n<\/b><b>What are the masks like<\/b><\/p>\n<p><b><\/b><span style=\"font-weight: 400;\">Adapting the snorkeling masks for medical staff is done by adding two anti-bacterial and antiviral filters to a new kind of nozzle. The oxygen therapy masks also include a medical pressure control PEEP-type valve and additional tubing. The materials allow for multiple disinfection with the methods available in hospitals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, the production capacity is 40 masks per day. Each mask costs between 60 and 200 leva depending on its type of use &#8211; by hospital staff or by patients.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The ambition of the Bulgarians in Air Collective is to raise funds of 11 000 Euro to produce enough equipment for Bulgaria for both protection of hospital staff at all levels and protection of patients diagnosed with COVID-19 in Bulgaria. The funds will make the supply of equipment to all key hospitals in the country possible within a few weeks, and then the team will be able to proceed with the supply to smaller hospitals and hospitals outside of big cities that often lack resources.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bulgarian team unites volunteers from <\/span><a href=\"https:\/\/www.facebook.com\/pages\/category\/Community-Center\/Resonator-1751442668488900\/\"><span style=\"font-weight: 400;\">Resonator<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/solidfill.com\/en\/\"><span style=\"font-weight: 400;\">SolidFill<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.weareathlon.com\/\"><span style=\"font-weight: 400;\">Athlon<\/span><\/a><span style=\"font-weight: 400;\">, and many more. Watch their campaign\u2019s video <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=2vJMevClyz8&amp;feature=youtu.be\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Success stories about the application of the solution in other countries in Europe: <\/span><a href=\"https:\/\/www.isinnova.it\/easy-covid19-eng\/\"><span style=\"font-weight: 400;\">Italy<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/covmask.cz\/en\/\"><span style=\"font-weight: 400;\">Czech Republic<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/pandemija.info\/\"><span style=\"font-weight: 400;\">Croatia<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>How you can help\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Funds are being raised through a <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"24043\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/support-bulgarian-team-volunteers-successfully-adapts-snorkeling-masks-protective-masks-healthcare-professionals-oxygen-therapy-masks-patients\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-23880 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.05.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/four-projects-bulgarian-participation-awarded-pan-european-hackathon-euvsvirus\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"209\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind.jpg 771w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-300x157.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-768x403.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-600x314.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-260x136.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-50x26.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-143x75.jpg 143w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/four-projects-bulgarian-participation-awarded-pan-european-hackathon-euvsvirus\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.05.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/four-projects-bulgarian-participation-awarded-pan-european-hackathon-euvsvirus\/\">Four Projects with Bulgarian Participation Awarded at the Pan-European Hackathon EUvsVirus<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"wp-image-23883 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind.jpg\" alt=\"\" width=\"408\" height=\"213\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind.jpg 771w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-300x157.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-768x403.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-600x314.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-260x136.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-50x26.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Aidbind-143x75.jpg 143w\" sizes=\"(max-width: 408px) 100vw, 408px\" \/>Four projects with Bulgarian participation were awarded at the hackathon EUvsVirus <\/span><span style=\"font-weight: 400;\">\u2013 <\/span><span style=\"font-weight: 400;\">the first Pan-European hackathon in the history of the European Union, organized by the European Commission and held under the patronage of Maria Gabriel. The initiative sought innovative solutions for coping with the consequences of <\/span><span style=\"font-weight: 400;\">COVID-19.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The platform Aidbind is the big winner in the <\/span><i><span style=\"font-weight: 400;\">Social &amp; Political Cohesion <\/span><\/i><span style=\"font-weight: 400;\">category. Five out of eight participants in the team are from Bulgaria, the remaining three are from Germany, Sweden, and Switzerland. Aidbind is an information platform that connects the units with a shortage of medical equipment in a working chain <\/span><span style=\"font-weight: 400;\">\u2013 <\/span><span style=\"font-weight: 400;\">hospitals, manufacturers, and donation campaigns.\u00a0\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-23881 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Platex.jpg\" alt=\"\" width=\"408\" height=\"234\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Platex.jpg 593w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Platex-300x172.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Platex-255x146.jpg 255w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Platex-50x29.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Platex-131x75.jpg 131w\" sizes=\"(max-width: 408px) 100vw, 408px\" \/>The second place in the <\/span><i><span style=\"font-weight: 400;\">Health &amp; Life <\/span><\/i><span style=\"font-weight: 400;\">category, <\/span><i><span style=\"font-weight: 400;\">Protective Equipment<\/span><\/i><span style=\"font-weight: 400;\"> sub-category, was for Platex in collaboration with Romania. Platex are reusable protective masks from materials, specially treated for virus filtration. In collaboration with the Bulgarian Academy of Sciences, the masks have been tested for virus filtration with a virus similar to SARS_CoV-2. The results show that the ordinary disposable surgical mask has a virus filtration of 36,90%, while a Platex has 90% virus filtration and is made of reusable materials.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The platform Qpon also ranked second in the <\/span><i><span style=\"font-weight: 400;\">Digital Finance <\/span><\/i><span style=\"font-weight: 400;\">category, <\/span><i><span style=\"font-weight: 400;\">Enable Crowd to Help Financially <\/span><\/i><span style=\"font-weight: 400;\">sub-category. Qpon is a gamified crowdfunding platform for discount vouchers for future use of favorite places of loyal customers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The third place was won by the interactive solution Trust in Science in the <\/span><i><span style=\"font-weight: 400;\">Social and Political Cohesion <\/span><\/i><span style=\"font-weight: 400;\">category, <\/span><i><span style=\"font-weight: 400;\">Mitigating Fake News Spreading <\/span><\/i><span style=\"font-weight: 400;\">sub-category. <\/span><span style=\"font-weight: 400;\">Trust in Science<\/span> <span style=\"font-weight: 400;\">is a platform for teaching people how to recognize scientific data from fake news. The team behind the project also includes participants from the UK, Germany, Denmark, Israel, Ghana, Canada, Poland, and Spain.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Find out more about the projects with Bulgarian participation which will help in the fight of the European Union and the world against COVID-19:<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/devpost.com\/software\/aidbind-g3k5f0\" target=\"_blank\" rel=\"noopener noreferrer\">What is Aidbind<\/a>\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.youtube.com\/watch?v=Asf6EMBthko\" target=\"_blank\" rel=\"noopener noreferrer\">More about the platform in a video<\/a> (in Bulgarian)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/devpost.com\/software\/platex-reusable-face-masks\" target=\"_blank\" rel=\"noopener noreferrer\">Platex<\/a>\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/devpost.com\/software\/qpon\" target=\"_blank\" rel=\"noopener noreferrer\">Qpon<\/a>\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/devpost.com\/software\/path2integrity\" target=\"_blank\" rel=\"noopener noreferrer\">Trust in Science<\/a><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Description of the projects of <a href=\"https:\/\/euvsvirus.org\/results\/\" target=\"_blank\" rel=\"noopener noreferrer\">all winners in the hackathon<\/a>\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The EUvsVirus hackathon<\/span> <span style=\"font-weight: 400;\">gathered more than 21 000 programmers, engineers, and innovators from all around the world. For 48 hours their creativity, talent and knowledge led to the creation of the record number of over 2160 solutions for coping with<\/span> <span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">COVID-19<\/span><span style=\"font-weight: 400;\"> crisis, and 117 solutions were awarded in the<\/span><a href=\"https:\/\/euvsvirus.org\/challenges\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">six main categories and subcategories<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There were over 300 participants from <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"23880\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/four-projects-bulgarian-participation-awarded-pan-european-hackathon-euvsvirus\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-23877 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.05.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-endurosat-attracted-second-investment-neo-ventures\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"219\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat.jpg 859w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-300x164.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-768x420.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-600x328.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-260x142.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-50x27.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-137x75.jpg 137w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-based-endurosat-attracted-second-investment-neo-ventures\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.05.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-endurosat-attracted-second-investment-neo-ventures\/\">The Sofia-based EnduroSat Attracted a Second Investment from Neo Ventures\u00a0<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-23873 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat.jpg\" alt=\"\" width=\"859\" height=\"470\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat.jpg 859w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-300x164.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-768x420.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-600x328.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-260x142.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-50x27.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/Endurosat-137x75.jpg 137w\" sizes=\"(max-width: 859px) 100vw, 859px\" \/><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The Sofia-based company for nanocarriers <a href=\"https:\/\/www.endurosat.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">EnduroSat<\/a> attracted an additional investment of <\/span><span style=\"font-weight: 400;\">$<\/span><span style=\"font-weight: 400;\">362 000 from the Bulgarian VC company Neo Ventures, according to SeeNews.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">EnduroSat was founded in 2015\u00a0 and designs and builds nanosatellites flying in the lowest orbit around the Earth. The company also works on inter-satellite connections and connections with terrestrial devices and data transmission. Two years ago, EnduroSat launched its first own nanosatellite to demonstrate the capabilities of the technology.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Sofia-based company has over 75 clients from five continents, over 150 components in orbit, and has generated 1,9M leva revenue during the last year. Its office in Sofia has a team of 45 engineers.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is Neo Ventures\u2019 second investment in EnduroSat. The fintech company Trading 212 and the video game developer Imperia Online have also invested in the company. In 2017, EnduroSat received funding of 1.2M Euro from the European Commission under the Horizon 2020 programme.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/neoventures.net\/\" target=\"_blank\" rel=\"noopener noreferrer\">Neo Ventures<\/a> is a Bulgarian open-end venture capital fund aiming at companies in their early stage of development. So far the company has invested in over 30 startups which it later provides with business support for planning and scaling.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"23877\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-based-endurosat-attracted-second-investment-neo-ventures\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-23838 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-success-stories-en\" ><div class=\"date_label\">05.05.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/eight-sofia-based-companies-among-ft1000s-fastest-growing-companies-europe\/\"><div class=\"mask\"><\/div><img width=\"310\" height=\"163\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020.png 310w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020-300x158.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020-260x137.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020-50x26.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020-143x75.png 143w\" sizes=\"(max-width: 310px) 100vw, 310px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/eight-sofia-based-companies-among-ft1000s-fastest-growing-companies-europe\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.05.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news\/\" rel=\"category tag\">News<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/eight-sofia-based-companies-among-ft1000s-fastest-growing-companies-europe\/\">Eight Sofia-based Companies among FT1000\u2019s Fastest Growing Companies in Europe<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-23839 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020.png\" alt=\"\" width=\"310\" height=\"163\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020.png 310w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020-300x158.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020-260x137.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020-50x26.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/ft1000-2020-143x75.png 143w\" sizes=\"(max-width: 310px) 100vw, 310px\" \/>The Financial Times included 12 Bulgarian companies in<\/span> <a href=\"https:\/\/www.ft.com\/content\/691390ca-53d9-11ea-90ad-25e377c0ee1f\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">FT1000<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; its report on Europe\u2019s fastest growing companies in 2020. The report has been compiled in collaboration with Statista for a fourth consecutive year. Eight of the included Bulgarian companies are based in Sofia and operate in the sectors of technology and consulting services.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A total of 268 of the companies listed in the FT1000 2020 report were also featured in last year&#8217;s edition, and 90 companies have been included in all four editions. The profile of the companies this year reflects the ever growing importance of the technology sector and startups with innovative solutions. They are represented by 189 companies. With the addition of fintech and e-commerce to the group,\u00a0 the sector&#8217;s share increases to 259 companies, which makes for over 25% of all of the fastest growing companies in Europe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Among them are eight companies based in Sofia &#8211; 7 in the technology sector (<\/span><a href=\"https:\/\/www.xtream-codes.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Xtream Codes<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/mobilewaves.com\/\"> <span style=\"font-weight: 400;\">Mobile Wave Solutions<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.botronsoft.com\/\"> <span style=\"font-weight: 400;\">Botron Software Solutions<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/www.leadconsult.eu\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">LEAD Consult<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/b-eye.com\/\"> <span style=\"font-weight: 400;\">B EYE EOOD<\/span><\/a><span style=\"font-weight: 400;\">,<\/span><a href=\"https:\/\/accedia.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Accedia<\/span><\/a><a href=\"https:\/\/vpz.co.uk\/\"><span style=\"font-weight: 400;\">)<\/span><\/a><span style=\"font-weight: 400;\"> and one in the fintech sector (<\/span><a href=\"https:\/\/www.qaiware.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Qaiware<\/span><\/a><a href=\"https:\/\/vpz.co.uk\/\"><span style=\"font-weight: 400;\">)<\/span><\/a><span style=\"font-weight: 400;\">. The remaining four Bulgarian companies in the list are from the agricultural sector (Trans and Trade 1, Varna), the energy sector (<\/span><a href=\"http:\/\/www.sig-solar.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">S&amp;G Solar<\/span><\/a><span style=\"font-weight: 400;\">, Blagoevgrad), consultant services (<\/span><a href=\"https:\/\/next-consult.com\/en\/about-us\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Next Consult<\/span><\/a><span style=\"font-weight: 400;\">, Sofia), food and beverage (<\/span><a href=\"https:\/\/www.bulchicken.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Bulchicken JSC<\/span><\/a><span style=\"font-weight: 400;\">, Sevlievo), and industrial goods (<\/span><a href=\"https:\/\/smartdesign2006.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Smart Design 2006<\/span><\/a><span style=\"font-weight: 400;\">, Varna).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most of the top-ranked companies are based in Germany, Italy, the UK and France, with these four nations accounting for about 70 per cent of the overall ranking. London retains its lead as the city with the greatest number of fast-growing companies, followed by Paris and Milan, while Warsaw and Vilnius make the top 10 for the first time.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"23838\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/eight-sofia-based-companies-among-ft1000s-fastest-growing-companies-europe\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-23822 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.05.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/chatbot-sofia-municipalitys-website-answer-citizens-questions-covid-19\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"285\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-960x685.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-300x214.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-768x548.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-600x428.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-205x146.jpg 205w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-50x36.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-105x75.jpg 105w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/chatbot-sofia-municipalitys-website-answer-citizens-questions-covid-19\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.05.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/chatbot-sofia-municipalitys-website-answer-citizens-questions-covid-19\/\">Chatbot on Sofia Municipality\u2019s Website to Answer Citizens\u2019 Questions about COVID-19<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-23786 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1.jpg\" alt=\"\" width=\"323\" height=\"230\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-300x214.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-768x548.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-600x428.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-205x146.jpg 205w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-50x36.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/05\/1-105x75.jpg 105w\" sizes=\"(max-width: 323px) 100vw, 323px\" \/>\u0410 chatbot on the site of Sofia Municipality will provide you with important information about the current situation related to COVID-19.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Skilly the Chatbot answers questions and provides up-to-date information and data from official sources &#8211; Bulgarian state and municipal institutions, as well as Bulgarian and international organizations.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can communicate with the chatbot by asking it open-ended questions or by choosing from the list of frequently asked questions on various topics such as:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">&#8211; COVID-19 in Sofia Municipality.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">&#8211; Information about the virus, its spread, and symptoms.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">&#8211; Anti-epidemic measures in Sofia and Bulgaria.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">&#8211; Emergency telephone numbers.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">&#8211; Use of e-services and many more.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The system responds instantly, 24\/7. It also provides articles, presentations, infographics, and videos related to COVID-19.\u00a0\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">We would like to express our gratitude to the Sofia-based <\/span><a href=\"https:\/\/abilitics.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Abilitics<\/span><\/a><span style=\"font-weight: 400;\"> for supporting the Municipality free of charge with the integration of the chatbot and for helping us \u201cteach\u201d it information related specifically to the urban environment and the situation in Sofia, so that the system could be of maximum benefit to the citizens of the capital. Abilitics\u2019 Skilly is based on artificial intelligence and allows the chatbot to adequately communicate according to the needs of a specific team, audience, or topic. Skilly is constantly improving its &#8220;skills&#8221; and allows for continuous update of information.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"23822\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/chatbot-sofia-municipalitys-website-answer-citizens-questions-covid-19\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-23717 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">15.04.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/citizens-can-use-the-medrecm-app-for-early-diagnosis-and-contact-with-a-doctor\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical-300x235.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical-768x601.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical-600x469.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical-187x146.jpg 187w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical-50x39.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical-96x75.jpg 96w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical.jpg 1000w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/citizens-can-use-the-medrecm-app-for-early-diagnosis-and-contact-with-a-doctor\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">15.04.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/citizens-can-use-the-medrecm-app-for-early-diagnosis-and-contact-with-a-doctor\/\">Citizens Can Use the Medrec:M App for Early Diagnosis and Contact with a Doctor<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><a href=\"https:\/\/medrec-m.com\/#!\/suite\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"wp-image-23583 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/MedrecM-Banner-1.jpg\" alt=\"\" width=\"583\" height=\"233\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/MedrecM-Banner-1.jpg 1920w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/MedrecM-Banner-1-300x120.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/MedrecM-Banner-1-768x307.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/MedrecM-Banner-1-1024x410.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/MedrecM-Banner-1-600x240.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/MedrecM-Banner-1-260x104.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/MedrecM-Banner-1-50x20.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/MedrecM-Banner-1-150x60.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/MedrecM-Banner-1-1200x480.jpg 1200w\" sizes=\"(max-width: 583px) 100vw, 583px\" \/><\/span><\/a>\n<p><span style=\"font-weight: 400;\">In support of the joint efforts to limit the spread of COVID-19 in Sofia and in Bulgaria, the Sofia-based IT company Sirma Group Holding developed and provided the innovative app Medrec:M free of charge to Sofia Municipality.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Medrec:M is a last generation mobile app designed to collect data and monitor the citizens\u2019 current health status. The main features of the application allow users to:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211;<\/span><span style=\"font-weight: 400;\"> \u00a0 <\/span> <span style=\"font-weight: 400;\">monitor vital health indicators<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; \u00a0 <\/span> <span style=\"font-weight: 400;\">early diagnose specific symptoms<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211;<\/span><span style=\"font-weight: 400;\"> \u00a0 <\/span> <span style=\"font-weight: 400;\">share health-related information confidentially with a physician through the<\/span> <a href=\"https:\/\/www.medrec-m.com\/#!\/suite\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">MedRec-m.com<\/span><\/a><span style=\"font-weight: 400;\"> platform<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211;<\/span><span style=\"font-weight: 400;\"> \u00a0 <\/span> <span style=\"font-weight: 400;\">receive news, related to COVID-19, as well as health-related news and information specifically tailored to the user<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through the app, citizens can record their symptoms and receive an analysis of their current health status to help medical professionals provide a more accurate diagnosis and find a more appropriate therapy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can share your data with a healthcare professional in two ways &#8211; by automatically generating a link to your selected and analysed symptoms, or directly through the physician portal<\/span> <a href=\"https:\/\/www.medrec-m.com\/#!\/remote\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Medrec:M Monitor<\/span><\/a><span style=\"font-weight: 400;\">. A healthcare professional registered at the platform can directly access the information you allow them to. You can also send a temporary access link with your data to specialists, who are not registered at the platform. As a next step, the GP or the medical specialist may recommend treatment. Thus, the consultation takes place via remote monitoring through the platform without the patients visiting a healthcare facility.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The information provided by the citizens is voluntary and is accessed by healthcare professionals only after their explicit consent. The aggregated anonymous data can also be used to help monitor the evolution of the epidemiological situation in the country. The availability of reliable statistical information guarantees better information and protection of citizens\u2019 health.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The product integrates AI elements. The technology will ensure that the users are well-informed and will assist physicians in providing better diagnoses and treatment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sirma Group Holding\u2019s <\/span><i><span style=\"font-weight: 400;\">Merdrec:M<\/span><\/i><span style=\"font-weight: 400;\"> is a part of a comprehensive platform for modern healthcare \u2013 the Sirma Medical Suit. The solution is one of the strategic products of the company and aims to offer a long-term solution, providing access to data for remote or in-patient medical consultation, as well as tracking of socially significant chronic diseases.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Medrec:M is built on another top product of the company &#8211; Diabetes:M, which Sirma provides to all of its over one million customers worldwide for free during the pandemic. The diabetes <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"23717\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/citizens-can-use-the-medrecm-app-for-early-diagnosis-and-contact-with-a-doctor\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-23540 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.04.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/startupblink-added-two-bulgarian-projects-global-covid-19-innovation-map\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"179\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions.jpg 726w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions-300x134.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions-600x268.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions-260x116.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions-50x22.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions-150x67.jpg 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/startupblink-added-two-bulgarian-projects-global-covid-19-innovation-map\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.04.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/startupblink-added-two-bulgarian-projects-global-covid-19-innovation-map\/\">StartupBlink Added Two Bulgarian Projects in its Global COVID-19 Innovation Map<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-23541 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions.jpg\" alt=\"\" width=\"403\" height=\"180\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions.jpg 726w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions-300x134.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions-600x268.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions-260x116.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions-50x22.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/StartupBlink-Sofia-Covid-19-Solutions-150x67.jpg 150w\" sizes=\"(max-width: 403px) 100vw, 403px\" \/>The international platform StartupBlink has included two Bulgarian solutions in its global Coronavirus Innovation Map &#8211; a map of innovative solutions from around the world aimed at dealing with COVID-19. These are the Sofia-based<\/span> <a href=\"http:\/\/micar21.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Micar 21<\/span><\/a><span style=\"font-weight: 400;\"> and the<\/span> <a href=\"http:\/\/diyventilators.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">DIYVentilators<\/span><\/a><span style=\"font-weight: 400;\"> platform.<\/span><\/p>\n<p><a href=\"https:\/\/coronavirus.startupblink.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The map<\/span><\/a> <span style=\"font-weight: 400;\">includes hundreds of innovations and solutions from around the world that help both people and businesses cope with and adapt to the new daily life that the pandemic has imposed on us.\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The biotech company Micar 21 has created a drug molecule that counteracts two proteins of COVID-19 &#8211; CCR5 and CCR7.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The second Bulgarian project is DIYVentilators &#8211; an open platform for doctors, engineers and citizens who collaborate in providing free designs for respirators that can be assembled anywhere in the world where there is a health department in need. Participants learn from each other, and any hospital experiencing a shortage of respiratory equipment may choose the best\u00a0 design for them, depending on their on-site materials and resources.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">StartupBlink is the world&#8217;s largest platform for startups and research centres. It manages dozens of communities around the world, including developers, public sector organisations, co-working spaces, accelerators and tens of thousands of entrepreneurs. The platform features modules for mapping and analysis as well as promotion. Once a year, StartupBlink also publishes a comprehensive global startup ecosystem analysis report, comparing information from more than 1,000 cities in 100 countries.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"23540\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/startupblink-added-two-bulgarian-projects-global-covid-19-innovation-map\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-23498 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.04.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/investment-200-000-euro-dev-bg-largest-community-bulgaria\/\"><div class=\"mask\"><\/div><img width=\"180\" height=\"180\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo.png 180w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-80x80.png 80w\" sizes=\"(max-width: 180px) 100vw, 180px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/investment-200-000-euro-dev-bg-largest-community-bulgaria\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.04.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/investment-200-000-euro-dev-bg-largest-community-bulgaria\/\">An Investment of 200 000 Euro for DEV.BG \u2013 the Largest IT community in Bulgaria<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-23499 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo.png\" alt=\"\" width=\"202\" height=\"202\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo.png 180w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DEV-bg-Logo-80x80.png 80w\" sizes=\"(max-width: 202px) 100vw, 202px\" \/>The Sofia-based DEV.BG, which develops the largest IT community in Bulgaria, has attracted a new investment of 200 000 Euro from SiteGround \u2013 also a Sofia-based website company.\u00a0\u00a0<\/span>\n<p><span style=\"font-weight: 400;\">Today, the DEV.BG community includes over 20 000 members. DEV.BG has developed 15 <\/span><span style=\"font-weight: 400;\">groups of specialists in different domains. The community maintains a directory with the IT companies in Bulgaria and organizes a number of monthly-recurring events to continuously develop the community&#8217;s expertise in areas such as the Internet of things, machine learning, blockchain, business development, financing and starting-up of an IT business. Part of the company is HireHeroes.bg \u2013 the first platform of its kind for recruitment of IT specialists which <\/span><span style=\"font-weight: 400;\">focuses on the employees\u2019 needs, rather than the employers\u2019 needs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SiteGround\u2019s investment is not the first one for DEV.BG. At its launch in 2016, the company received 50 000 Euro and support for its business development by business angels. The newly received funds will be used to expand the network of IT specialists and professional events, as well as for the development of the HireHeroes.bg platform. SiteGround will receive 10% of DEV.BG\u2019s shares in return for the investment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SiteGround is a web-hosting company founded in 2004 in Sofia. It serves over 2 000 000 domains all over the world offering shared hosting, cloud hosting, and specialized servers. Over 200 people work for the company in its offices in Sofia, Plovdiv, Stara Zagora, and Madrid.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"23498\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/investment-200-000-euro-dev-bg-largest-community-bulgaria\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-23407 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.04.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-startup-payhawk-raises-e3-65m-expand-german-market\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia-960x750.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-based-startup-payhawk-raises-e3-65m-expand-german-market\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.04.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-startup-payhawk-raises-e3-65m-expand-german-market\/\">The Sofia-based Startup Payhawk Raises \u20ac3.65M to Expand to the German Market<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-23408 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia.png\" alt=\"\" width=\"259\" height=\"259\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia-768x768.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia-600x600.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/Payhawk-Sofia-80x80.png 80w\" sizes=\"(max-width: 259px) 100vw, 259px\" \/>Less than two years after its start, the Bulgarian fintech startup Payhawk <\/span><a href=\"https:\/\/payhawk.com\/blogs\/payhawk-raises-e3m-in-one-of-the-biggest-seed-rounds-in-cee\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">raised a new investment of \u20ac3M<\/span><\/a><span style=\"font-weight: 400;\">. The seed round was led by the Western European Earlybird Digital East Fund, the Berlin TinyVC, and leading experts from the financial sector. The new funding will be used mainly for the expansion of the company\u2019s activities to Germany where it already has an office. Development activities and technical support remain in Bulgaria.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Payhawk was founded in 2018 by former employees of Telerik. The fintech provides software and personal debit cards that automate the management of any type of business expenses. The platform allows chief financial officers and business managers to control the expense process from one place, process billing documents, integrate their accounting software, and gather real-time reports and analyses. Payhawk\u2019s solution allows for easy integration with banking systems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company operates in 14 countries and serves over 1000 corporate clients. The company has offices in Sofia and London, and since recently in Berlin. Currently, it has a team of 18 employees and plans to double this number within two years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is the second big investment for Payhawk. In 2019, the company<\/span><a href=\"https:\/\/www.11.me\/blog\/welcome-payhawk-and-rebellious-software-to-oneof11\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"> raised funding of \u20ac 500 000<\/span><\/a><span style=\"font-weight: 400;\"> from Eleven&#8217;s second fund. The total funding raised by the company from outside investors totals \u20ac3.65M.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"23407\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-based-startup-payhawk-raises-e3-65m-expand-german-market\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-23383 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">02.04.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-stanislav-protassov-co-founder-acronis\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-1024x768.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-stanislav-protassov-co-founder-acronis\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">02.04.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-stanislav-protassov-co-founder-acronis\/\">Why Sofia? with Stanislav Protassov, Co-Founder at Acronis\u00a0<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"wp-image-23384 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final.jpg\" alt=\"\" width=\"444\" height=\"333\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final.jpg 6045w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-300x225.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-768x576.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-1024x768.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-600x450.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-195x146.jpg 195w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/04\/DSC_0267-acronis-aRGB-final-100x75.jpg 100w\" sizes=\"(max-width: 444px) 100vw, 444px\" \/>In 2018, Acronis opened its new office in Sofia, establishing a European R&amp;D center for cyber protection, AI and blockchain projects. Sofia Investment Agency has been partnering Acronis in the process of establishing operations in our city. The international leader in cybersecurity and hybrid cloud solutions started its business with a team of 20 people. Almost two years later, more than 200 people work for the team of the company in Sofia.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stanislav Protassov, co-founder at Acronis, shares with us what makes Sofia the place to launch a successful business and to develop local solutions with global application.<\/span><\/p>\n<p><b>Acronis opened its office in Sofia in 2018, establishing a European R&amp;D center for cyber protection, AI and blockchain projects. Why Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">It was a considered decision. We actually spent three years on research to find an ideal base in Europe. For this purpose, apart from Bulgaria, I personally visited Malta, all the Baltic countries, Austria, Germany, and Switzerland. We have been looking for a good talent base, taxation system, cost of living, economy level, and public safety. Eventually, we picked Bulgaria over the other European countries.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We chose Bulgaria due to the country\u2019s location, its status as an EU member, and the fact the local economy has good potential for future growth. Also, at that time we already had laid down the foundations for opening a local office \u2014 a 12-year partnership with T-Soft, a software engineering company based in Sofia, which Acronis had recently acquired. This partnership was a good base to start with.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Within two years, our team has grown from 20 to over 200 people. We are on track to become the largest Acronis R&amp;D location and expect to grow up to 1000 people in the next couple of years.<\/span><\/p>\n<p><b>Would you say that the talent in Bulgaria (in Central and Eastern Europe in general) is equipped with the skills for the tech industry? How did this affect your operations and how is it important for your business?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The level of engineering education in the Western, Central and Eastern Europe, and in Bulgaria in particular, is traditionally good. There are many good universities, and graduates are highly qualified. At Acronis, we are developing innovative products, so we are looking for talented and exceptionally qualified specialists. Collaboration with universities is one way of getting those talents.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Having an R&amp;D presence in universities is beneficial for both universities and <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"23383\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-stanislav-protassov-co-founder-acronis\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-23000 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.03.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/airline-software-company-atpco-opens-first-eu-office-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400.jpg 400w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-80x80.jpg 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/airline-software-company-atpco-opens-first-eu-office-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.03.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/airline-software-company-atpco-opens-first-eu-office-sofia\/\">The Airline Software Company ATPCO Opens First EU Office in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-23001 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400.jpg\" alt=\"\" width=\"214\" height=\"214\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400.jpg 400w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/ATPCO-logo_400x400-80x80.jpg 80w\" sizes=\"(max-width: 214px) 100vw, 214px\" \/>The software company ATPCO specializing in the development of software for ticket price formation and retailing, and various corporate tools for the aviation industry, will open its new office in Sofia, the company announced. It will be its only office in the EU and will start with a team of 5 people. The team will be led by Boyan Hristov, who has previously worked on various projects with ATPCO. The new office plans to expand its team to 15 people by the end of 2020. This decision is motivated by the company\u2019s vision of Bulgaria as a rapidly developing technology market with qualified specialists.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bulgarian office will be working on the development of the Next Generation Storefront (NGS) system, the company\u2019s new standard which allows better presentation, selection, and search of the products of the airline companies by the customers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ATPCO works with more than 430 airline companies worldwide and delivers 99% \u043ef the fare-related data in the industry. The company is owned by 15 of the biggest airlines in the world including Air Canada, Air France, British Airways, American Airlines, KLM Royal Dutch Airlines, Delta Air, Lufthansa \u0438 United Airlines. ATPCO now has offices in Dulles, VA, where the company is headquartered; London, UK; New York, NY; Miami, FL; and Singapore. You can read the full announcement on the <a href=\"https:\/\/www.atpco.net\/press\/atpco-expands-europe\" target=\"_blank\" rel=\"noopener noreferrer\">company\u2019s website<\/a>.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"23000\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/airline-software-company-atpco-opens-first-eu-office-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-22980 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.03.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/new-investment-25m-industrial-area-bozhurishte\/\"><div class=\"mask\"><\/div><img width=\"267\" height=\"189\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2.jpg 267w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2-206x146.jpg 206w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2-50x35.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2-106x75.jpg 106w\" sizes=\"(max-width: 267px) 100vw, 267px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/new-investment-25m-industrial-area-bozhurishte\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.03.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/new-investment-25m-industrial-area-bozhurishte\/\">New Investment of 25M in the Industrial Area of Bozhurishte\u00a0<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-22974 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2.jpg\" alt=\"\" width=\"267\" height=\"189\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2.jpg 267w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2-206x146.jpg 206w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2-50x35.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/Dreams-Trans-logo2-106x75.jpg 106w\" sizes=\"(max-width: 267px) 100vw, 267px\" \/>Dreams Trans<\/span> <span style=\"font-weight: 400;\">has begun the construction of a logistics park in the industrial zone of Bozhurishte. The project is worth BGN 25 million and will be completed by mid-2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The logistics park of the Bulgarian transport company will include a large warehouse and other built-up facilities with \u0430 total floor area of a bit over 35 000 sq. m.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The complex will have 25 000 sq. m of storage areas and 40 000 pallets. There will be a truck service, a gas station, and charging stations for electric cars. The project also includes a restaurant, a hotel with 35 rooms for the needs of the company and the businesses around it, a spa centre, a swimming pool, a fitness centre for the employees, and an office area.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project will be carbon neutral with 1.1 megawatts of photovoltaics on the warehouse roofs and gas powered air conditioning.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dreams Trans decided to choose Bozhurishte because of its key location at a crossroads. Another defining factor is the surrounding traffic between Turkey and Europe and along the North-South axis (Poland, The Czech Republic, Hungary, Romania to Greece). The transport company also sees prospective new clients among the other companies in the economic zone.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The logistics park is expected to start operating by the middle of 2021 at the latest.\u00a0<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"22980\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/new-investment-25m-industrial-area-bozhurishte\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-22936 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.03.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/yotpo-acquires-sofia-based-smsbump-expensive-exit-platform-backed-bulgarian-vcs\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-960x750.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-1024x1024.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/yotpo-acquires-sofia-based-smsbump-expensive-exit-platform-backed-bulgarian-vcs\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.03.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/yotpo-acquires-sofia-based-smsbump-expensive-exit-platform-backed-bulgarian-vcs\/\">Yotpo Acquires the Sofia-Based SMSBump \u2013 the Most Expensive Exit of a Platform Backed by Bulgarian VCs<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-22937 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01.png\" alt=\"\" width=\"187\" height=\"187\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01.png 1250w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-768x768.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-1024x1024.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-600x600.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/smsb-yotpo-2-01-80x80.png 80w\" sizes=\"(max-width: 187px) 100vw, 187px\" \/>The American <\/span><i><span style=\"font-weight: 400;\">Yotpo <\/span><\/i><span style=\"font-weight: 400;\">acquired Sofia\u2019s <\/span><i><span style=\"font-weight: 400;\">SMSBump<\/span><\/i><span style=\"font-weight: 400;\"> &#8211; an SMS marketing platform founded less than three years ago. Only a year after its launch, the Bulgarian startup raised \u20ac360K<\/span><span style=\"font-weight: 400;\"> &#8211; 175K from a business angel and 200K from Eleven\u2019s second funding round for a 5.7% share of the company. <\/span><span style=\"font-weight: 400;\">Although the e<\/span><span style=\"font-weight: 400;\">xact deal amount<\/span><span style=\"font-weight: 400;\"> remains undisclosed, according to Eleven Ventures this is the highest price ever paid for a company backed by a Bulgarian VC. The first place <\/span><span style=\"font-weight: 400;\">used to be<\/span><span style=\"font-weight: 400;\"> occupied by Vayant, which was sold for $35M.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SMSBump has a team of <\/span><span style=\"font-weight: 400;\">20 people and a customer base of 28 000 e-commerce merchants, with 85% of them located in the USA and Canada. <\/span><span style=\"font-weight: 400;\">The UK, Spain, and France are among the firm\u2019s markets in Europe, and it also has clients in Asia and Oceania<\/span><span style=\"font-weight: 400;\">.<\/span><a href=\"https:\/\/www.trendingtopics.at\/bulgaria\/two-years-old-smsbump-just-turned-into-the-biggest-exit-of-a-company-backed-by-bulgarian-vcs\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">According to Mihail Stoychev<\/span><\/a><span style=\"font-weight: 400;\">, the clients of SMSBump have generated over <\/span><span style=\"font-weight: 400;\">$100M of additional revenue thanks to the platform, and the company\u2019s revenue for 2019 approaches BGN 7.5M.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The American <\/span><i><span style=\"font-weight: 400;\">Yotpo <\/span><\/i><span style=\"font-weight: 400;\">is a leading marketing e-commerce platform with headquarters in New York. The company has over 400 employees and provides integrated solutions for product reviews, user-generated content and loyalty programmes.<\/span><span style=\"font-weight: 400;\"> You can find the official announcement of Yotpo\u2019s acquisition of Sofia\u2019s <\/span><span style=\"font-weight: 400;\">SMSBump<\/span><a href=\"https:\/\/www.yotpo.com\/blog\/smsbump-joins-yotpo\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"22936\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/yotpo-acquires-sofia-based-smsbump-expensive-exit-platform-backed-bulgarian-vcs\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-22580 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.02.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-deyan-blagoev-business-development-manager-bulbera\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera.jpg 400w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-80x80.jpg 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-deyan-blagoev-business-development-manager-bulbera\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.02.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-deyan-blagoev-business-development-manager-bulbera\/\">Why Sofia? with Deyan Blagoev, Business Development Manager at Bulbera<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-22829 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/Bulbera-Sofia-2.png\" alt=\"\" width=\"340\" height=\"156\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/Bulbera-Sofia-2.png 340w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/Bulbera-Sofia-2-300x138.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/Bulbera-Sofia-2-260x119.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/Bulbera-Sofia-2-50x23.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/Bulbera-Sofia-2-150x69.png 150w\" sizes=\"(max-width: 340px) 100vw, 340px\" \/>Back in 2015, four friends gathered in Sofia to form the management team of a new company. They were all professionals in their respective fields \u2013 IT, Project Management and Sales. And they had an international background but decided to return to Sofia and launch Bulbera.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bulbera already had a few products that were in TOP 10 at the Blackberry World online shop. The same year the company launched the parental control app Protect Your Kid which was made in cooperation with the German security company Netcos. In the following three years the app was downloaded over 100 000 times all over the world, including in high-tech countries like Japan and the USA. While working on the parental control app, the Bulbera team launched a CSR campaign in Sofia aiming to educate kids, parents and teachers on how to be safe online. The program became popular quickly and spread across the whole country. As a result, Bulbera became a trusted partner of the National Police Cybercrime Forces, SAFENET and the National Agency for Child Protection.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the meantime, the company grew, reaching 17 Developers and 3 offices in 2019. Currently, Bulbera\u2019s portfolio includes clients such as Nokia, Telenor, Takeaway, Caritas, Pleven Medical University and many more. The team works in three verticals \u2013 Healthcare, Telecoms and Leisure &amp; Hospitality.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-22581 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera.jpg\" alt=\"\" width=\"339\" height=\"339\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera.jpg 400w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/DeyanBlagoev_Bulbera-80x80.jpg 80w\" sizes=\"(max-width: 339px) 100vw, 339px\" \/>Deyan Blagoev, Business Development Manager at Bulbera, and a frequent guest of TV Shows, conferences, schools and all type of events related to child cyber security, shares with us what makes Sofia the place to launch a successful business and to develop local solutions with global application.<\/span><\/p>\n<p><b>An outsourcing destination becoming a developer of local solutions with global application \u2013 is this a real trend here, in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Sofia started as an outsourcing destination many years ago. Gradually, many new businesses and startups emerged, and currently they are offering a full range of innovative solutions. These businesses employ highly skilled professionals that change and improve the ecosystem and guarantee the quality of the products and services. For example, one of the biggest movie studios that shoots films for Hollywood is based in Sofia. And recently, a Sofia-based Bulgarian company won a technological Oscar award for its software for visual effects. There are numerous other examples in many sectors, such as the IT, Creative &amp; Biotech sectors.<\/span><\/p>\n<p><b>How do you evaluate the overall business climate in Sofia today?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">I think Sofia <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"22580\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-deyan-blagoev-business-development-manager-bulbera\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-22570 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.02.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/first-exit-year-sofia-based-prospecto-group-becomes-part-german-offerista-group\/\"><div class=\"mask\"><\/div><img width=\"180\" height=\"180\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo.png 180w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-80x80.png 80w\" sizes=\"(max-width: 180px) 100vw, 180px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/first-exit-year-sofia-based-prospecto-group-becomes-part-german-offerista-group\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.02.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/first-exit-year-sofia-based-prospecto-group-becomes-part-german-offerista-group\/\">First Exit of the Year: the Sofia-based Prospecto Group Becomes Part of the German Offerista Group<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\">\u00a0<\/span>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-22571 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo.png\" alt=\"\" width=\"180\" height=\"180\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo.png 180w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/ProspectoGroupLogo-80x80.png 80w\" sizes=\"(max-width: 180px) 100vw, 180px\" \/>The Sofia-based Prospecto will be acquired by the German Offerista Group. Both companies are developing digital retail marketing platforms that bring together the offerings of retail chains.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Offerista works with retailers in Germany, Austria, Switzerland and France. Prospecto Group is one of the leading companies in Central and Eastern Europe and collaborates with over 100 retailers and brands in 16 countries in the region. In addition to Sofia, Prospecto has offices in Budapest and Bucharest. With the acquisition of the Bulgarian company, Offerista Group will expand its business to new markets in Europe and to nearly 40 million customers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The terms of the deal have not been disclosed, but Prospecto announced that the company will continue to be managed by its founder and CEO Ognyan Popov after the acquisition. The Sofia-based company was admitted to the pilot edition of the <\/span><i><span style=\"font-weight: 400;\">Dare to Scale<\/span><\/i><span style=\"font-weight: 400;\"> growth program by the Bulgarian office of Endeavor. The program is aimed at scale-ups with big potential for future growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can find more information about the exit in the<\/span><a href=\"https:\/\/www.endeavor.bg\/dare-to-scale-alumnus-prospecto-is-acquired-by-offerista-group\/?fbclid=IwAR33DmLUjoVFzKeD_W9LW14YD0kJc3Ej5rfZJxRx1DA-e3IyyIzZEVYX6Gs\"> <span style=\"font-weight: 400;\">blog of Endeavor Bulgaria<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"22570\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/first-exit-year-sofia-based-prospecto-group-becomes-part-german-offerista-group\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-22477 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">01.02.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/big-data-innovation-multi-cloud-hybrid-cloud-analytics-developed-sofia-based-team-atscale\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/AtScale-logo.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/AtScale-logo.jpg 400w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/AtScale-logo-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/AtScale-logo-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/AtScale-logo-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/AtScale-logo-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/AtScale-logo-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/AtScale-logo-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/AtScale-logo-80x80.jpg 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/AtScale-logo.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/big-data-innovation-multi-cloud-hybrid-cloud-analytics-developed-sofia-based-team-atscale\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">01.02.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/big-data-innovation-multi-cloud-hybrid-cloud-analytics-developed-sofia-based-team-atscale\/\">Big Data Innovation in Multi-cloud and Hybrid Cloud Analytics Developed by the Sofia-based team of AtScale\u00a0<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-22478 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/AtScale-Sofia.png\" alt=\"\" width=\"820\" height=\"312\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/AtScale-Sofia.png 820w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/AtScale-Sofia-300x114.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/AtScale-Sofia-768x292.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/AtScale-Sofia-600x228.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/AtScale-Sofia-260x99.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/AtScale-Sofia-50x19.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/02\/AtScale-Sofia-150x57.png 150w\" sizes=\"(max-width: 820px) 100vw, 820px\" \/><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">A team of Bulgarian developers is at the heart of the latest huge leap in multi-cloud and hybrid cloud analytics. The thirty IT specialists are part of the Bulgarian team of AtScale, and their product is unique, with no equivalent in the world, according to the US software company.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The whole coding, architecture, automatic and manual testing process of <\/span><i><span style=\"font-weight: 400;\">AtScale 2020.1 <\/span><\/i><span style=\"font-weight: 400;\">has been carried out entirely in Sofia and fully entrusted to Bulgarian engineers, thus becoming an important step towards the fulfillment of the ambition of the Silicon Valley-based company to start building 60% of its software at the Sofia-based Technology Center by the end of 2020 .<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Redefining traditional data virtualization and delivering upon the promise of cloud transformation, AtScale 2020.1 provides secure, self-service analysis while reducing compute costs by 10x, query performance improvements of more than 12.5x and enhanced user concurrency by 61x (Source: AtScale Cloud Data Warehouse Benchmark Report).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAtScale 2020.1 is a major step toward achieving our long-term vision of delivering intelligent data virtualization to every enterprise. And the culprits for this exceptional product are our people in Sofia,\u201d said Christopher Lynch, Executive Chairman and CEO of AtScale.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When we first came to Bulgaria 1 year ago, we made a commitment that our future team here would work on par with the teams in California and Boston, and that they would build a product from start to finish. I\u2019m happy we were able to bring together the best folks and give them the opportunity to do engineering at the highest level,\u201d said Mathew Baird, Founder and CTO, AtScale.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Delivering on the promise of a single enterprise view of all analytics data, AtScale\u2019s enhanced autonomous data engineering alleviates the performance and scale challenges of traditional data federation, manual data engineering and reliance on query caches. Additional enhancements in AtScale 2020.1 include a virtual cube catalog for simplified management of data assets and granular policy control that integrates natively with existing enterprise data catalog offerings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe have the chance to build a product with world-class features and functionalities. It wasn\u2019t easy, but we are all very excited and happy with the final result. Every day, we are working on some of the most interesting technology challenges in the cloud, AI and machine learning, and we can\u2019t wait to see what\u2019s the big step ahead,\u201d said Dimitar Manev, DevOps Lead in the Sofia team of AtScale.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">AtScale <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"22477\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/big-data-innovation-multi-cloud-hybrid-cloud-analytics-developed-sofia-based-team-atscale\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-22303 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.01.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/coursera-expand-team-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-1024x1024.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/coursera-expand-team-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.01.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/coursera-expand-team-sofia\/\">Coursera to Expand Its Team in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\">\u00a0<\/span>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-20974 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square.jpg\" alt=\"\" width=\"231\" height=\"231\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square.jpg 1578w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-768x768.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-1024x1024.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-600x600.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-80x80.jpg 80w\" sizes=\"(max-width: 231px) 100vw, 231px\" \/>Just four months after getting a foothold in Sofia, Coursera announced its plans to expand in the Capital and double its team. The global online learning platform<\/span><a href=\"https:\/\/investsofia.com\/en\/coursera-establishes-rd-center-sofia-acquisition-rhyme-softworks\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"> opened an office in Sofia<\/span><\/a><span style=\"font-weight: 400;\"> with the acquisition of the US-Bulgarian startup Rhyme Softworks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company will expand its engineering team and will focus on the creation of customised hands-on project trainings in the platform for the employees of corporate clients.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Coursera is a leading online training platform with over 45 million students worldwide. The platform collaborates with nearly 200 universities with a world-renowned image. About 2 000 companies train their talents through the platform.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Coursera invests in its centre in Sofia as part of its Coursera Labs initiative. It aims to provide the flexibility and personalisation of those courses part of the platform that involve work on practical projects and developments. Coursera acquired Rhyme Softworks for its product, which allows developers to create learning projects accessible through an Internet browser quickly and easily. It is precisely the upgrading of this product that will allow the creation of practical training tasks by the incorporation of the necessary third-party software applications.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"22303\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/coursera-expand-team-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-22290 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.01.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/cordeel-building-logistics-centr%d0%b5-distributor-orbico-investment-e-26-5m\/\"><div class=\"mask\"><\/div><img width=\"300\" height=\"300\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-80x80.jpg 80w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/cordeel-building-logistics-centr%d0%b5-distributor-orbico-investment-e-26-5m\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.01.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/cordeel-building-logistics-centr%d0%b5-distributor-orbico-investment-e-26-5m\/\">Cordeel is Building a Logistics Centr\u0435 for Distributor Orbico with an Investment of \u20ac 26.5M<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-22286 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo.jpg\" alt=\"\" width=\"186\" height=\"186\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/cordeel-logo-80x80.jpg 80w\" sizes=\"(max-width: 186px) 100vw, 186px\" \/>The construction company <\/span><i><span style=\"font-weight: 400;\">Cordeel Bulgaria<\/span><\/i><span style=\"font-weight: 400;\">, a local unit of the Belgium-based <\/span><i><span style=\"font-weight: 400;\">Cordeel Group<\/span><\/i><span style=\"font-weight: 400;\">, has begun the construction of a modern office and logistics centre for the distributor <\/span><i><span style=\"font-weight: 400;\">Orbico Bulgaria,<\/span><\/i><span style=\"font-weight: 400;\"> part of the Croatian <\/span><i><span style=\"font-weight: 400;\">Orbico Group<\/span><\/i><span style=\"font-weight: 400;\">. The investment is \u20ac 26.5 million and 500 staff will work in the centre after it is complete.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The logistics base will include offices and warehouses with a total area of 57,000 sq m. It is located near Botevgradsko Shosse road and its construction should be completed by mid-2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Orbico Bulgaria\u2019s logistics centre will handle the storage and distribution of brands of Philip Morris Bulgaria, Shell Bulgaria, Mars and Procter &amp; Gamble.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"22290\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/cordeel-building-logistics-centr%d0%b5-distributor-orbico-investment-e-26-5m\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-22229 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.01.2020<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-remix-global-first-online-store-cee-promote-textile-reuse\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-1024x654.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-based-remix-global-first-online-store-cee-promote-textile-reuse\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.01.2020<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-remix-global-first-online-store-cee-promote-textile-reuse\/\">The Sofia-based Remix Global &#8211; the First Online Store in CEE to Promote Textile Reuse<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-22230 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web.jpg\" alt=\"\" width=\"2041\" height=\"1304\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web.jpg 2041w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-300x192.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-768x491.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-1024x654.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-600x383.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-229x146.jpg 229w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-50x32.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2020\/01\/PR-remix-bag-web-117x75.jpg 117w\" sizes=\"(max-width: 2041px) 100vw, 2041px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bulgarian online fashion store Remixshop.com is the Central and Eastern Europe\u2019s first and only to implement EU policies for sustainable textile management practices in its business model. The store belongs to the Sofia-based <\/span><i><span style=\"font-weight: 400;\">Remix Global<\/span><\/i><span style=\"font-weight: 400;\">, which offers the &#8220;Sell to Remix&#8221; service in nine European countries, allowing customers to extend the life of unwanted clothing and accessories by sending them free of charge to the company&#8217;s logistics centre in Sofia.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As part of its plan to grow the business in a sustainable direction, Remix initially launched the service in Bulgaria and Romania and then in Poland, Germany and Austria. In 2019, the service became available to the other markets where the online store operates &#8212; Greece, Slovakia, Hungary and the Czech Republic.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cSell to Remix\u201d allows customers to send their gently used clothing and accessories to be sold on remixshop.com with easy, free-of-charge shipping and receive a percentage of the final price. The money earned can be used for purchases from the website, transferred to a personal account or donated to SOS Children&#8217;s Villages.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unlike consumer platforms that connect sellers and buyers, Remix takes care of the clothes fully &#8211; from disinfection and defect inspection, to taking pictures, pricing and shipping to customers; unusable items are being recycled. A customer only needs to order the Remix Bag (a large, sturdy bag made of recycled polyethylene) and request a courier for return delivery to Remix.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This way, the service becomes an effective method of separate collection of textiles and prevents unwanted accumulation of textile waste.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A circular economy action plan with a focus on sustainable use of resources, especially in high-impact resource-intensive sectors such as textile and construction, has also been enshrined in the so-called <a href=\"https:\/\/ec.europa.eu\/commission\/presscorner\/detail\/en\/speech_19_6749\" target=\"_blank\" rel=\"noopener noreferrer\">Green Deal<\/a>, part of the<\/span><a href=\"https:\/\/ec.europa.eu\/commission\/sites\/beta-political\/files\/political-guidelines-next-commission_en.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Agenda for Europe<\/span><\/a><span style=\"font-weight: 400;\"> of the newly-appointed President of the European Commission Ursula von der Leyen.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The store handles about 300,000 items from orders every month and over 9,000 full Remix Bags from nine countries. To manage operational activities, Remix works with internally developed software and hardware products, including a proprietary ERP solution that optimises production processes.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;We are based in Sofia, because here we are able to find competent IT specialists to carry out the technological development of the various units of the company and to become more efficient and productive,&#8221; says Genoveva Petrova, CEO of Remix. According to her, businesses in the city, including small and <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"22229\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-based-remix-global-first-online-store-cee-promote-textile-reuse\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-21964 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-success-stories-en\" ><div class=\"date_label\">06.12.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/financial-times-bulgaria-attracts-record-tech-investment\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019-1024x682.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/financial-times-bulgaria-attracts-record-tech-investment\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.12.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news\/\" rel=\"category tag\">News<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/financial-times-bulgaria-attracts-record-tech-investment\/\">Financial Times: Bulgaria Attracts Record Tech Investment<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\"size-full wp-image-21968 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019.jpg\" alt=\"\" width=\"1362\" height=\"907\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019.jpg 1362w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019-768x511.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019-1024x682.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Financila-Times-Sofia-Dec-2019-113x75.jpg 113w\" sizes=\"(max-width: 1362px) 100vw, 1362px\" \/>\n<p>&nbsp;<\/p>\n<p>Financial Times just published an article titled <em><a href=\"https:\/\/www.ft.com\/content\/c533ee07-6190-47e3-97b6-78c3ed8f9545?desktop=true&amp;fbclid=IwAR2oR1rDBFVHsyQPnr2KJwCVV49eVCDw0IaC9uIhKF7LJIHPq_0H9v3My-w&amp;segmentId=d8d3e364-5197-20eb-17cf-2437841d178a\" target=\"_blank\" rel=\"noopener noreferrer\">Bulgaria attracts record tech investment.<\/a>\u00a0<\/em>The publication states\u00a0data on\u00a0foreign investment to Bulgarian software and ICT, foreign greenfield investment and top sectors for foreign investment since 2015.<\/p>\n<p><em><span id=\"ember2805\" class=\"hashtag-a11y ember-view\" dir=\"ltr\"><span class=\"hashtag-a11y__name\">Bulgaria<\/span><\/span> received a record amount of foreign investment in software and ICT services in 2018, with at least 16 projects valued at $240m, mostly in <\/em><span id=\"ember2809\" class=\"hashtag-a11y ember-view\" dir=\"ltr\"><span class=\"hashtag-a11y__name\"><em>Sofia<\/em>,\u00a0the article sais<\/span><\/span>.<\/p>\n<p><em>The\u00a0ICT sector had sales of $3.2bn in 2018, a year-on-year increase of\u00a045 per cent, according to the International Data Corporation. It has more than 12,000 companies, of which 90 per cent are in Sofia, where they employ 50,000 people.<\/em><\/p>\n<p><img loading=\"lazy\" class=\"size-full wp-image-21966 aligncenter\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Ft-foreign-investment.jpg\" alt=\"\" width=\"762\" height=\"321\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Ft-foreign-investment.jpg 762w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Ft-foreign-investment-300x126.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Ft-foreign-investment-600x253.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Ft-foreign-investment-260x110.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Ft-foreign-investment-50x21.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Ft-foreign-investment-150x63.jpg 150w\" sizes=\"(max-width: 762px) 100vw, 762px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>The publication cites the opinion about the business environment of foreign companies such as Acronis and\u00a0Genius Sports\u00a0that have\u00a0already established their centers in Sofia and refers to what\u00a0Cait O\u2019Riordan, the FT\u2019s chief product and information officer said, at the new centre\u2019s opening:\u00a0<em>We looked at a number of locations across Asia, Europe and the UK before choosing Bulgaria. Sofia\u2019s longstanding reputation as a centre for technical excellence, alongside its pedigree in data and artificial intelligence and its emergence as the technology capital of the Balkans, made it an irresistible destination.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"21964\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/financial-times-bulgaria-attracts-record-tech-investment\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-21960 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.12.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/iuvo-awarded-runner-peoples-choice-category-prestigious-altrfi-awards\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"375\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge-800x750.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/iuvo-awarded-runner-peoples-choice-category-prestigious-altrfi-awards\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.12.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/iuvo-awarded-runner-peoples-choice-category-prestigious-altrfi-awards\/\">IUVO Awarded Runner-Up in the People\u2019s Choice Category of Prestigious AltrFi Awards\u00a0<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-21956 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge.png\" alt=\"\" width=\"210\" height=\"210\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge.png 800w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge-768x768.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge-600x600.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/IuvoBadge-80x80.png 80w\" sizes=\"(max-width: 210px) 100vw, 210px\" \/>One of the leading P2P lending companies, iuvo, is named runner-up in the People\u2019s Choice category of the prestigious <\/span><a href=\"https:\/\/www.altfi.com\/awards\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">AltFi Awards<\/span><\/a><span style=\"font-weight: 400;\"> (the winner in the category is Mintos). For more than a decade, the AltFi Awards have been a barometer of success among Europe\u2019s leading fintech and alternative financing companies. The prizes will be awarded at a special ceremony in London in December.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In one year, the company has double the results in regards to its key performance indicators, such as attracted customers, active users, invested amounts, listed credits, etc, CEO Ivaylo Ivanov said on the recognition of the P2P investment platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2019 alone, the amount of investments in <\/span><a href=\"https:\/\/www.altfi.com\/companies\/iuvo-group\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">iuvo<\/span><\/a><span style=\"font-weight: 400;\"> increased by 406% and the number of investors by 286%. The company is already in the Top 3 by market share in continental Europe according to Brismo, the largest alternative finance analytics site.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"21960\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/iuvo-awarded-runner-peoples-choice-category-prestigious-altrfi-awards\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-21944 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.12.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/creative-assembly-sofia-announces-first-standalone-title-total-war-saga-troy\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"206\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly.jpg 657w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly-300x155.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly-600x310.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly-260x134.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly-50x26.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly-145x75.jpg 145w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/creative-assembly-sofia-announces-first-standalone-title-total-war-saga-troy\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.12.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/creative-assembly-sofia-announces-first-standalone-title-total-war-saga-troy\/\">Creative Assembly Sofia Announces Its First Standalone Title:  Total War Saga: Troy<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-21946 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly.jpg\" alt=\"\" width=\"354\" height=\"183\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly.jpg 657w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly-300x155.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly-600x310.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly-260x134.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly-50x26.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/Troy-Saga-Creative-Assembly-145x75.jpg 145w\" sizes=\"(max-width: 354px) 100vw, 354px\" \/>SEGA\u00ae Europe Ltd. announced Creative Assembly\u2019s thrilling new strategy title reconstructing one of the greatest stories ever told, A Total War Saga: TROY\u2122. This is the first standalone title of the Sofia-based studio after its acquisition by Creative Assembly in 2017.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A Total War Saga: TROY\u2122 is inspired by Homer\u2019s Iliad. The game exploits the legacy of some of the most popular heroes during the late Bronze Age and more specifically during the events surrounding the Trojan War.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through Total War\u2019s unique blend of grand, turn-based empire management and spectacular real time battles, Troy explores this epic conflict from both the Greek and Trojan perspectives.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In TROY, the fate of Aegean civilisation will be in the hands of the players; each choice they make will shape the lands from the mythical heights of Mount Olympus to the arid deserts of Anatolia. They will be able to experience history as it may have happened in the Iliad or shape the legend for themselves. The game follows the myths and legends in Homer\u2019s epic poem peeling them back to reveal the realities that may have inspired them. The battlefields will tremble under the feet of renowned warriors like Achilles and Hector but it will take more than brute force alone to lay claim to the legendary city of Troy. Players will need to deftly manage a barter economy, conduct diplomacy among friends and foes, and curry the very favour of the Gods themselves before etching your name in the annals of history.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><iframe loading=\"lazy\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/OaSkIVpp_mI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">With the support of the English studio, the Bulgarian branch of Creative Assembly is the leading\u00a0<\/span><span style=\"font-weight: 400;\">studio in the development of the game. The local team is responsible for all major components of the game, including stories, design, units, game mechanics, art, animations etc.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A Total War Saga: TROY will release on Steam for PC in 2020. Add it to your wish list <a href=\"https:\/\/store.steampowered.com\/app\/1099410\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>About Creative Assembly Sofia:<\/b><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/www.creative-assembly.com\" target=\"_blank\" rel=\"noopener noreferrer\">Creative Assembly Sofia<\/a> is one of the fastest growing games development studios in Bulgaria, following its acquisition by Creative Assembly in March 2017. Since then, Creative Assembly Sofia has developed several DLCs for the award-winning Total War: Rome II, including Empire Divided, Desert Kingdoms and Rise of the Republic. A Total War Saga: Troy is Creative\u00a0<\/span><span style=\"font-weight: 400;\">Assembly Sofia\u2019s first standalone title.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>About Creative Assembly\u2122:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Creative Assembly is one of Europe&#8217;s leading games development studios, <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"21944\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/creative-assembly-sofia-announces-first-standalone-title-total-war-saga-troy\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-21847 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.12.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/cargotec-business-services-set-regional-hub-singapore\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-1024x684.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/cargotec-business-services-set-regional-hub-singapore\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.12.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/cargotec-business-services-set-regional-hub-singapore\/\">Cargotec Business Services to Set up Regional Hub in Singapore<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\">The Sofia-based Cargotec Business Services (CBS), the global business service centre the Finland&#8217;s cargo handling solutions and services provider Cargotec, expands its operations with a regional hub in Singapore.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CBS will manage the new hub in Singapore &#8211; a crucial location for the service of the company in the Asia Pacific region.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cargotec Business Services was established in Sofia, Bulgaria in August 2017 and its team presently consists of 310 people. The service center of the Finnish cargo-handling machinery maker Cargotec delivers world-class global business support services in the fields of finance, human resources, information management, as well as indirect procurement for the different Cargotec units across the globe. The centre currently offers services to 17 countries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Globally, Cargotec (Nasdaq Helsinki: CGCBV) operates in more than 100 countries with more than 11,000 employees worldwide. Its three businesses, Kalmar, Hiab and MacGregor are recognised leaders in cargo and load handling solutions around the world. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value.\u00a0<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"21847\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/cargotec-business-services-set-regional-hub-singapore\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-21832 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.12.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/german-prosiebensat-1-media-se-opens-development-centre-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"174\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia.jpg 914w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-300x130.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-768x334.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-600x261.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-260x113.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-50x22.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-150x65.jpg 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/german-prosiebensat-1-media-se-opens-development-centre-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.12.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/german-prosiebensat-1-media-se-opens-development-centre-sofia\/\">German ProSiebenSat.1 Media SE Opens Development Centre in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-21833 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia.jpg\" alt=\"\" width=\"440\" height=\"191\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia.jpg 914w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-300x130.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-768x334.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-600x261.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-260x113.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-50x22.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/P7S1_TV_4c-ProSiebenSat1-Sofia-150x65.jpg 150w\" sizes=\"(max-width: 440px) 100vw, 440px\" \/>German media company ProSiebenSat.1 Media SE announced the opening of a development centre in Sofia during the js.talks conference. The team here will develop products for various platforms which will allow viewers to interact with the media content.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, ProSiebenSat.1 Media SE has a team of 40 people in Sofia. The local development centre was created by the Bulgarian software developing company <\/span><i><span style=\"font-weight: 400;\">Dreamix<\/span><\/i><span style=\"font-weight: 400;\"> and the HR consultancy <\/span><i><span style=\"font-weight: 400;\">BIKA Services<\/span><\/i><span style=\"font-weight: 400;\"> that focuses on building IT teams.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the opening of its office in Sofia, ProSiebenSat.1 will seek to modernise the content offering via a platform that enables the interactive participation of viewers. The goal is to utilize the trend of increased consumption of entertainment and information content over the internet, as opposed to traditional TV viewing.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The German television giant, known mainly for the Pro7 and Sat.1 channels, reaches 45 million German-speaking households in Germany, Switzerland and Austria. The company is listed on the Frankfurt Stock Exchange and has a market capitalisation of nearly \u20ac3 billion. In addition to TV channels, ProSiebenSat.1 Media SE also has its own movie studios that produce content for platforms such as Amazon and Netflix.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"21832\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/german-prosiebensat-1-media-se-opens-development-centre-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-21795 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.12.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/visteon-launches-industry-first-3d-digital-cluster-automotive-production\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-1024x683.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/visteon-launches-industry-first-3d-digital-cluster-automotive-production\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.12.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/visteon-launches-industry-first-3d-digital-cluster-automotive-production\/\">Visteon Launches Industry-first 3D Digital Cluster in Automotive Production<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\">\u00a0<img loading=\"lazy\" class=\" wp-image-21790 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176.jpg\" alt=\"\" width=\"390\" height=\"260\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176.jpg 4000w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-1024x683.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/12\/PEUGEOT_208_TESTDRIVE_0919TC-176-112x75.jpg 112w\" sizes=\"(max-width: 390px) 100vw, 390px\" \/><\/span><span style=\"font-weight: 400;\">Visteon Corporation (Nasdaq: VC), the world\u2019s leading supplier of automotive digital instrument clusters introduced the industry\u2019s first fully digital cluster displaying holographic objects. The innovation was developed at Visteon\u2019s second largest development centre in Sofia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The instrument cluster represents the first real 3D cluster in automotive production and will be a part of the new 3D i-Cockpit\u00ae\u00a0 on the all-new PEUGEOT 208.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Partnering with Groupe PSA to develop a pioneering \u201c3D Blade\u201d concept, Visteon\u2019s digital cluster displays advanced reflections to create the impressions of 3D graphics. The cluster is composed of a high-definition 10.25-inch \u201cbackground\u2019 thin-film transistor (TFT) and a 7-inch \u201cforeground\u201d TFT projected on a semi-reflective blade. The leading-edge display creates a 3D projection of approximately 15 mm between the front and rear images.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The PEUGEOT 208 cluster\u2019s projection offers styling teams the flexibility to create depth with rotating menus and shadow effects and, importantly, bring distribution of key information to the driver \u2013 including priority information such as speed and alerts. The display also allows animations to pass dynamically from the foreground to the background in ADAS modes or as 3D animations in a number of configurable colors and skins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ivan Mihaylov, operations manager for Visteon in Sofia, said: \u201cThe reliable performance of Visteon\u2019s 3D cluster is guaranteed by two high-end independent CPU systems with DDR3 memory modules. The embedded electronics, mechanics and software comply with the highest automotive design standards allowing stable behavior in extreme environmental conditions. The advanced hardware provides three HD video outputs, 11 power supply sources for the various board voltage levels and gigabit serial interface with the rest of the vehicle electronics.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><b>About Visteon<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Visteon Electronics Bulgaria is the second largest development center of the company with more than<\/span><span style=\"font-weight: 400;\"> 680 <\/span><span style=\"font-weight: 400;\">employees, focused currently on the design and development of over 30 projects for millions of cars in future mass production.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/visteon.bg\/\" target=\"_blank\" rel=\"noopener noreferrer\">Visteon<\/a> is a global technology company that designs, engineers and manufactures innovative cockpit electronics and connected car solutions for the world\u2019s major vehicle manufacturers. Visteon is driving the smart, learning, digital cockpit of the future, to improve safety and the user experience. Visteon is a global leader in cockpit electronic products including digital instrument clusters, information displays, infotainment, head-up displays, telematics, SmartCore\u2122 cockpit domain controllers, and the DriveCore\u2122 autonomous driving platform. Visteon also delivers artificial intelligence-based technologies, connected cars, cybersecurity, interior sensing, embedded multimedia and smartphone connectivity software solutions. Headquartered in Van <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"21795\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/visteon-launches-industry-first-3d-digital-cluster-automotive-production\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-21696 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">22.11.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/hitachi-solutions-opens-centre-sofia\/\"><div class=\"mask\"><\/div><img width=\"336\" height=\"317\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria.jpg 336w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria-300x283.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria-155x146.jpg 155w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria-50x47.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria-79x75.jpg 79w\" sizes=\"(max-width: 336px) 100vw, 336px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/hitachi-solutions-opens-centre-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">22.11.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/hitachi-solutions-opens-centre-sofia\/\">Hitachi Solutions Opens an IT Centre in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-21697 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria.jpg\" alt=\"\" width=\"262\" height=\"247\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria.jpg 336w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria-300x283.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria-155x146.jpg 155w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria-50x47.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/hitachi-solutions-sofia-bulgaria-79x75.jpg 79w\" sizes=\"(max-width: 262px) 100vw, 262px\" \/>Hitachi Solutions has opened an IT centre in Sofia. The office starts its operations with a team of 10 people and plans to expand to 50 specialists over the next two years.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company is in close partnership with Sofia University &#8220;St. Kliment Ohridski&#8221; and wants to establish a Hitachi Solutions student program, which will hire and train young professionals every year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The site in Sofia is part of the expansion of the firm\u2019s European subsidiary <\/span><i><span style=\"font-weight: 400;\">Hitachi Solutions Europe<\/span><\/i><span style=\"font-weight: 400;\">. In 2012, the unit started with 35 professionals, and currently employs over 800 in offices in the UK, Germany, France and Portugal, and now in Sofia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Globally, the company has over 3 000 employees. Its focus areas are digital transformation and Microsoft Cloud BI solutions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"21696\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/hitachi-solutions-opens-centre-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-21694 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">22.11.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/giga-automata-launches-first-fully-bulgarian-collaborative-robot\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"261\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics-960x626.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics-960x626.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics-50x32.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics-117x75.jpg 117w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/giga-automata-launches-first-fully-bulgarian-collaborative-robot\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">22.11.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/giga-automata-launches-first-fully-bulgarian-collaborative-robot\/\">Giga Automata Launches the First Fully Bulgarian Collaborative Robot<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><a href=\"http:\/\/gigaautomata.com\/animoto\/\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-21687 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics.jpg\" alt=\"\" width=\"430\" height=\"277\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics.jpg 973w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics-300x193.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics-768x494.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics-600x386.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics-227x146.jpg 227w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics-50x32.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/11\/Animoto-Robot-Sofia-Bulgaria-Robotics-117x75.jpg 117w\" sizes=\"(max-width: 430px) 100vw, 430px\" \/><\/span><\/a>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/gigaautomata.com\/animoto\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Animoto<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">the first fully Bulgarian collaborative robot developed by<\/span><a href=\"http:\/\/www.gigaautomata.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">Giga Automata<\/span><\/a><span style=\"font-weight: 400;\">, will enter mass production in the beginning of next year. <\/span><span style=\"font-weight: 400;\">\u0410ll of the electronics of the Animoto cobot are manufactured entirely in Bulgaria and its price will be <\/span><span style=\"font-weight: 400;\">\u20ac<\/span><span style=\"font-weight: 400;\">10 000. During <\/span><a href=\"https:\/\/www.economy.bg\/innovations\/view\/36754\/Koboti-Made-in-Bulgaria\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">an interview with Economy.bg<\/span><\/a><span style=\"font-weight: 400;\">, Georgi Arabadzhiev, co-founder and manager of Giga Automata, stated that this is the lowest price on the European market.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Animoto has already attracted a lot of interest among Bulgarian companies, especially in the food industry, which involves work on production lines and packaging activities, as well as in industries that include precision assembly activities, sensors and more. Despite the initial idea of first launching on an external market, Giga Automata is currently planning to prioritize automating the activities of companies on the domestic market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Animoto is a standard collaborative robot that can work together with humans. It is capable of carrying a weight of up to 5 kg to a distance of one meter. With specific settings, it can paint, weld, work in logistics or perform other activities, depending on the specific needs of the enterprise. Animoto&#8217;s expected life cycle is 10 years.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"21694\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/giga-automata-launches-first-fully-bulgarian-collaborative-robot\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-21204 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">17.10.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/launch-project-gate-setting-big-data-artificial-intelligence-excellence-center-sofia-university\/\"><div class=\"mask\"><\/div><img width=\"320\" height=\"214\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869272542_3b6bed794b_n.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869272542_3b6bed794b_n.jpg 320w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869272542_3b6bed794b_n-300x201.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869272542_3b6bed794b_n-218x146.jpg 218w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869272542_3b6bed794b_n-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869272542_3b6bed794b_n-112x75.jpg 112w\" sizes=\"(max-width: 320px) 100vw, 320px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869272542_3b6bed794b_n.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/launch-project-gate-setting-big-data-artificial-intelligence-excellence-center-sofia-university\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">17.10.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/launch-project-gate-setting-big-data-artificial-intelligence-excellence-center-sofia-university\/\">Project GATE Launch: Setting Up Big Data and Artificial Intelligence Excellence Center at Sofia University<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\">\u00a0<\/span>\n<h4><i><span style=\"font-weight: 400;\">As part of the GATE project, a Big Data and AI excellence center will be established at Sofia University\u2019s Lozenetz campus. The center will be part of a network of 55 Big Data centers in Europe and it will be the first one in Eastern Europe. <\/span><\/i><\/h4>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-21195 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869073331_c364292bde_n.jpg\" alt=\"\" width=\"357\" height=\"239\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869073331_c364292bde_n.jpg 320w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869073331_c364292bde_n-300x201.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869073331_c364292bde_n-218x146.jpg 218w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869073331_c364292bde_n-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/48869073331_c364292bde_n-112x75.jpg 112w\" sizes=\"(max-width: 357px) 100vw, 357px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">The goal is to create a big data and artificial intelligence excellence center with three modern labs that will process data sets in four areas &#8211; Future Cities, Intelligent Government, Smart Industry and Digital Healthcare.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><a href=\"http:\/\/www.gate-coe.eu\/news.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">GATE project &#8211; Big Data for an Intelligent Society<\/span> <\/a><span style=\"font-weight: 400;\">\u00a0launched in October with an event at Sofia University.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project will receive seven-year funding totalling \u20ac 30 million from the European Commission under the Horizon 2020 program WIDESPREAD-01-2018-2019 Teaming Phase 2 with co-financing by the Bulgarian government and the industry. It will employ more than 100 people.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">GATE is a joint initiative of Sofia University St. Kliment Ohridski, which acts as a coordinator, Chalmers University and Chalmers Industrial Technologies, Sweden.\u00a0<\/span><\/p>\n<p><b>The aim of GATE is to develop research capacity and innovative potential and to shape a new generation of young scientists capable of applying science to the benefit of the society.<\/b><span style=\"font-weight: 400;\"> Innovations will be developed in three state-of-the-art technology labs \u2013 for modelling of processes in an urban environment (City Living Lab), for interdisciplinary industrial collaboration (Digital Twin Lab) and for virtual reality and visualization of big data (Open Visualization Lab). A newly constructed building on the Sofia University\u2019s Lozenetz campus will host the center.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The laboratories will be at the heart of a vibrant ecosystem where innovative ideas will be generated, developed into projects and promoted in an effective collaboration with government, industry, academia and community organisations. For example, the labs will develop digital models of cities to support the planning of roads, buildings, the management of transport and urban traffic.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thanks to multidisciplinary educational programs at European and global level, GATE will train excellent researchers and professionals in the field of artificial intelligence and big data. An educational lab will support the implementation of new methods for personalised and interactive learning.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;For the first time in Europe, there is a Center of Excellence with Bulgaria as a participant &#8211; it shows that young people, our young talents have their future here, in the country, and in Europe,&#8221; <\/span><\/i><span style=\"font-weight: 400;\">commented Ms Mariya Gabriel, European Commissioner for the Digital Economy and Society during the event for the official launch <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"21204\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/launch-project-gate-setting-big-data-artificial-intelligence-excellence-center-sofia-university\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-20972 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">09.10.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/coursera-establishes-rd-center-sofia-acquisition-rhyme-softworks\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-1024x1024.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/coursera-establishes-rd-center-sofia-acquisition-rhyme-softworks\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">09.10.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/coursera-establishes-rd-center-sofia-acquisition-rhyme-softworks\/\">Coursera Establishes R&#038;D Center in Sofia with the Acquisition of Rhyme Softworks<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-20973 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square.jpg\" alt=\"\" width=\"167\" height=\"167\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square.jpg 1578w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-768x768.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-1024x1024.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-600x600.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/coursera-logo-square-80x80.jpg 80w\" sizes=\"(max-width: 167px) 100vw, 167px\" \/>The global e-learning platform <\/span><a href=\"http:\/\/coursera.org\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Coursera<\/span><\/a><span style=\"font-weight: 400;\"> announced the acquisition of the US-Bulgarian startup Rhyme Softworks and its product that lets developers execute hands-on, virtual e-learning projects from the internet browser.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is the first-ever acquisition the online education platform has made. Coursera now values at more than $1 billion, works with some 190 universities to deliver 3,600 online courses to 43 million learners since its establishment in 2012.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the acquisition of Rhyme Softworks, Coursera is launching a new offering called Coursera Labs, which will let educational institutions and industry partners build their own hands-on learning projects, powered by the Rhyme technology.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The terms of the deal remain undisclosed but it includes not just Rhyme\u2019s IP and related assets, but the Sofia-based team of six, who will now form the basis of the new Coursera\u2019s R&amp;D office in Bulgaria. Coursera plans to invest in the center in Sofia as part of its Coursera Labs initiative.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Coursera Labs aims at bringing flexibility and customization to those subjects into the e-learning platform that have strong project and development components to them.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cThe new capability will allow partners to create hands-on projects using almost any third-party software application, offered as standalone projects or integrated into courses. Rhyme truly embraces the concept of \u201clearning by doing\u201d and, moving forward, we see big opportunities to use Rhyme to extend the capabilities we\u2019ll offer with Coursera Labs. With this acquisition, we will also expand Rhyme\u2019s office in Sofia to focus on Labs-powered innovation efforts\u201d<\/span><\/i><span style=\"font-weight: 400;\">, the <\/span><a href=\"https:\/\/blog.coursera.org\/coursera-introduces-hands-on-learning-with-coursera-labs\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">official announcement<\/span><\/a><span style=\"font-weight: 400;\"> says.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">A little over a year after I announced Rhyme on <a href=\"https:\/\/twitter.com\/ngconf?ref_src=twsrc%5Etfw\">@ngconf<\/a> 2018, as a former co-founder and CTO of the company, I&#39;m thrilled to share that it is joining forces with <a href=\"https:\/\/twitter.com\/coursera?ref_src=twsrc%5Etfw\">@Coursera<\/a> after a successful acquisition!<a href=\"https:\/\/t.co\/DcMDCzAPI8\">https:\/\/t.co\/DcMDCzAPI8<\/a><a href=\"https:\/\/t.co\/9Z8sfGFwSl\">https:\/\/t.co\/9Z8sfGFwSl<\/a> <a href=\"https:\/\/t.co\/1BH4TXtm5y\">pic.twitter.com\/1BH4TXtm5y<\/a><\/p>\n<p>&mdash; Minko Gechev (@mgechev) <a href=\"https:\/\/twitter.com\/mgechev\/status\/1166958486384545792?ref_src=twsrc%5Etfw\">August 29, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"20972\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/coursera-establishes-rd-center-sofia-acquisition-rhyme-softworks\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-20970 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">09.10.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/genius-sports-opens-office-larger-team-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo-1024x549.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/genius-sports-opens-office-larger-team-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">09.10.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/genius-sports-opens-office-larger-team-sofia\/\">Genius Sports Opens Office for a Larger Team in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-20965 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo.jpg\" alt=\"\" width=\"446\" height=\"239\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo.jpg 1400w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo-300x161.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo-768x411.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo-1024x549.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo-600x321.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo-260x139.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo-50x27.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/10\/genius-sports-logo-140x75.jpg 140w\" sizes=\"(max-width: 446px) 100vw, 446px\" \/>London-based Genius Sports has opened a new larger office in Sofia with plans to expand its team to 400 people. The company develops IT solutions for tracking and collection of real-time data and statistics about sports competitions in football, volleyball, basketball, golf and others. Its clients include sports federations, professional leagues, betting companies, and its data reaches 30 million people worldwide.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new larger office in Sofia is located in the <\/span><i><span style=\"font-weight: 400;\">Megapark Business Center<\/span><\/i><span style=\"font-weight: 400;\"> on Tsarigradsko Shose Blvd. The expanded team will work on managing the data the company receives and distributes in over 150 countries. The organisation is already recruiting specialists for 12 different positions related to programming, data analysis, quality control and more.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Genius Sports has been in Bulgaria since 2015. Headquartered in London, the company has offices in 15 more locations across six continents.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Genius Sports first invested into Bulgaria four years ago and we haven\u2019t looked back. The talent we\u2019ve been able to attract has been hugely impressive, building one of our largest global locations and continually enhancing business-critical services that are used by the largest brands in sports and betting,&#8221; Stephen Gardner, Chief Services and Delivery Officer at Genius Sports Group, said in an<\/span><a href=\"http:\/\/news.geniussports.com\/genius-sports-opens-live-data-nerve-centre-with-new-400-capacity-sofia-office\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">official press release<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"20970\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/genius-sports-opens-office-larger-team-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-20932 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">09.10.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/jysk-opens-new-distribution-centre-sofia-worth-eur-107-million\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"300\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk-300x225.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk-195x146.jpg 195w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk-100x75.jpg 100w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/jysk-opens-new-distribution-centre-sofia-worth-eur-107-million\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">09.10.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/jysk-opens-new-distribution-centre-sofia-worth-eur-107-million\/\">JYSK Opens New Distribution Centre in Sofia Worth Over EUR 107 Million<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-7050 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk.jpg\" alt=\"\" width=\"414\" height=\"311\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk-300x225.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk-195x146.jpg 195w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/Jysk-100x75.jpg 100w\" sizes=\"(max-width: 414px) 100vw, 414px\" \/>The <\/span><span style=\"font-weight: 400;\">Danish chain store JYSK officially opened its distribution centre in the Economic Zone Sofia-Bozhurishte. The investment in the facility amounts to EUR 107 million.\u00a0<\/span>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The centre includes two 42.4m tall buildings<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">where the operations are fully automated and don\u2019t need human intervention, as well as one administrative building, which will accommodate over 200 people when at full capacity.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The logistics centre in Bozhurishte will serve more than 200 JYSK stores in Bulgaria, Serbia, Greece, Romania and Bosnia and Herzegovina. The total area of the site is 95,000 m<\/span><span style=\"font-weight: 400;\">2<\/span><span style=\"font-weight: 400;\">. It has a storage capacity of about 125,000 pallets.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The inauguration took place in the presence of the Minister of Economy Emil Karanikolov, the JYSK CEO &amp; President Jan B\u00f8gh, Denmark&#8217;s Ambassador to Bulgaria HE S\u00f8ren Jacobsen and the Prime Minister Boyko Borisov. According to Emil Karanikolov, the contracted investments in the industrial zone near Sofia amount to over BGN 530 million so far, and the new jobs announced by the investors are close to 1,600. You can see the official announcement of the company<\/span><a href=\"https:\/\/www.jysk.com\/press#\/pressreleases\/jysk-officially-opened-the-distribution-centre-in-bulgaria-2918702\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">here.<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">Very happy to be part of the official opening of <a href=\"https:\/\/twitter.com\/hashtag\/JYSK?src=hash&amp;ref_src=twsrc%5Etfw\">#JYSK<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Balkan?src=hash&amp;ref_src=twsrc%5Etfw\">#Balkan<\/a> distribution center in <a href=\"https:\/\/twitter.com\/hashtag\/Sofia?src=hash&amp;ref_src=twsrc%5Etfw\">#Sofia<\/a> with PM <a href=\"https:\/\/twitter.com\/BoykoBorissov?ref_src=twsrc%5Etfw\">@BoykoBorissov<\/a>, MoE <a href=\"https:\/\/twitter.com\/EmKaranikolov?ref_src=twsrc%5Etfw\">@EmKaranikolov<\/a> &amp; CEO Jan B\u00f8gh &#8211; Major <a href=\"https:\/\/twitter.com\/hashtag\/Danish?src=hash&amp;ref_src=twsrc%5Etfw\">#Danish<\/a> investment strengthening \ud83c\udde9\ud83c\uddf0\ud83c\udde7\ud83c\uddec cooperation <a href=\"https:\/\/twitter.com\/DanishMFA?ref_src=twsrc%5Etfw\">@DanishMFA<\/a> <a href=\"https:\/\/twitter.com\/thetradecouncil?ref_src=twsrc%5Etfw\">@thetradecouncil<\/a> <a href=\"https:\/\/twitter.com\/DanskErhverv?ref_src=twsrc%5Etfw\">@DanskErhverv<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/dkpol?src=hash&amp;ref_src=twsrc%5Etfw\">#dkpol<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/dkbiz?src=hash&amp;ref_src=twsrc%5Etfw\">#dkbiz<\/a> <a href=\"https:\/\/twitter.com\/simonkollerup?ref_src=twsrc%5Etfw\">@simonkollerup<\/a> <a href=\"https:\/\/t.co\/GJjujZtLxN\">pic.twitter.com\/GJjujZtLxN<\/a><\/p>\n<p>&mdash; S\u00f8ren Jacobsen \ud83c\udde9\ud83c\uddf0 (@DKambBulgaria) <a href=\"https:\/\/twitter.com\/DKambBulgaria\/status\/1172089201170505729?ref_src=twsrc%5Etfw\">September 12, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"20932\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/jysk-opens-new-distribution-centre-sofia-worth-eur-107-million\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-20612 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">17.09.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-boyan-ivanov-ceo-storpool-storage\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-1024x1024.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-boyan-ivanov-ceo-storpool-storage\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">17.09.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-boyan-ivanov-ceo-storpool-storage\/\">Why Sofia? with Boyan Ivanov, CEO at StorPool Storage<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<h4 style=\"text-align: left;\"><i><span style=\"font-weight: 400;\">StorPool Storage: How Distributed Storage Should Be!<\/span><\/i><\/h4>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-20615 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-300x300.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-768x768.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-1024x1024.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-600x600.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani-80x80.jpg 80w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/boyani.jpg 1974w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>StorPool is recognized as the fastest block storage software for building and managing powerful public and private clouds. StorPool systems are incredibly fast, starting from <\/span><a href=\"https:\/\/storpool.com\/blog\/the-iops-challenge-is-over-storpool-holds-the-new-world-record-13-8-mln-iops\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">1,000,000 IOPS and &lt;0,2 latency<\/span><\/a><span style=\"font-weight: 400;\">. The Sofia-based company provides a software-defined storage solution for demanding customers, where low latency, high IOPS, online scalability and high availability are important.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The mission of the company is to make storage simpler and more affordable by delivering the best software-defined storage system for entreprises building Clouds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The block-level, distributed storage software was designed by the Bulgarian team from the ground up and is arguably the fastest and most reliable software-defined storage solution on the market today.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">StorPool Storage aims at helping cloud builders to build simpler, smarter, more efficient clouds, at much lower costs and boost their margins. The company delivers on its mission by developing the fastest and most efficient distributed storage software and making it available on a global scale.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Boyan Ivanov, CEO at StorPool Storage, tells us what makes Sofia a place to launch a successful business and develop locally solutions with global application.<\/span><\/p>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside?\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">StorPool is a software vendor. We develop software for companies, which build so called <\/span><a href=\"https:\/\/storpool.com\/storage-solutions-public-cloud-vps\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">public<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/storpool.com\/storage-for-private-clouds\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">private clouds<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; <\/span><a href=\"https:\/\/storpool.com\/highly-available-shared-hosting-storage\"><span style=\"font-weight: 400;\">hosting companies<\/span><\/a><span style=\"font-weight: 400;\">, telecoms, enterprises. We help these companies to speed up their business and increase the cost-effectiveness and reliability of their infrastructure. Our customers are spread around the world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, most of the product development is carried out in Sofia. Subsequently, we are one of the active participants in the local IT ecosystem.<\/span><\/p>\n<p><b>What motivated you to invest in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">As said above, StorPool\u2019s development center is in Sofia. A big motivator for investing here is the quality of the experts and the number of skilled developers which are available here.\u00a0<\/span><\/p>\n<p><b><img loading=\"lazy\" class=\" wp-image-20619 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/18425461_1043128605820269_7229975733797024229_n-187x300.jpg\" alt=\"\" width=\"227\" height=\"364\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/18425461_1043128605820269_7229975733797024229_n-187x300.jpg 187w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/18425461_1043128605820269_7229975733797024229_n-91x146.jpg 91w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/18425461_1043128605820269_7229975733797024229_n-31x50.jpg 31w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/18425461_1043128605820269_7229975733797024229_n-47x75.jpg 47w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/18425461_1043128605820269_7229975733797024229_n.jpg 396w\" sizes=\"(max-width: 227px) 100vw, 227px\" \/>StorPool not only provides high-quality products and services but develops and invents them here. Tell us more about the solutions that the Sofia-based team develops locally?\u00a0<\/b><\/p>\n<p><a href=\"https:\/\/storpool.com\/\"><span style=\"font-weight: 400;\">StorPool<\/span><\/a><span style=\"font-weight: 400;\"> works in a very specific sector &#8211; IT infrastructure for other businesses, which have a lot of data. We develop a data storage solution, which we sell globally. It is an innovative way of storing data, lately known as \u201csoftware-defined storage\u201d. It is better than existing data storage solutions, known as \u201cSAN\u201d in all meaningful <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"20612\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-boyan-ivanov-ceo-storpool-storage\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-20510 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">08.09.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/odelo-opens-development-centre-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/odelo-logo-success-stories-sofia-01-960x750.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/odelo-logo-success-stories-sofia-01-1024x682.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/odelo-opens-development-centre-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">08.09.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/odelo-opens-development-centre-sofia\/\">Odelo Opens Development Centre in Sofia  \u00a0<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-20503 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/odelo-logo-300x117.jpg\" alt=\"\" width=\"300\" height=\"117\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/odelo-logo-300x117.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/odelo-logo-600x235.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/odelo-logo-260x102.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/odelo-logo-50x20.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/odelo-logo-150x59.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/odelo-logo.jpg 634w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Odelo Farba, the subsidiary of Odelo Group in Bulgaria opened a development centre in Sofia. The company is a key supplier to Mercedes and the team in the capital will work on the design of the taillights of automobiles, which should go into production two years after the initial design phase.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The centre starts with 10 highly-qualified engineers and plans to increase their number to 20 by the end of the year, and to employ 40 people within three years. They will work in several disciplines, including engineering, optics, electronics, and testing, Odelo Farba said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The development centre in Sofia is part of the 40 million-\u0435uro investment in Bulgaria announced by odelo last year. The other project of the group is the construction of a production base near Plovdiv. The company received a Class A Investor Certificate from the Ministry of Economy for its investment in the country.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>About the company<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Odelo Bulgaria Ltd is part of the Turkish Bayraktarlar Holding. The company is a leading supplier of automotive lights and works with major car manufacturers such as Daimler, BMW, Audi, VW, Renault, Toyota and others. The holding also includes companies in the insurance, construction and tourism sectors.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company has factories in Germany, Slovenia, Turkey and China, as well as development centres in Stuttgart (Germany) and Bursa (Turkey). The group employs nearly 4,000 professionals.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"20510\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/odelo-opens-development-centre-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-20472 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">08.09.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-sergey-panteleev-general-manager-varengold-bank-sofia-branch\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-1024x683.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-sergey-panteleev-general-manager-varengold-bank-sofia-branch\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">08.09.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-sergey-panteleev-general-manager-varengold-bank-sofia-branch\/\">\u201cWhy Sofia?\u201d with Sergey Panteleev, General Manager of Varengold Bank Sofia Branch<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-20473 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-1024x683.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Sergey-Panteleev_GM-of-Varengold-Bank-Sofia-Branch-1-113x75.jpg 113w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Germany-based Varengold Bank opened a branch in Sofia at the end of 2018, following its strategy to expand its business in the fast-growing economies in Southeast Europe (SEE). The branch in Sofia will serve as a hub from which Varengold will operate across the entire SEE region. The bank\u2019s mission is to support and finance online marketplaces, predominantly Peer-to-Peer (P2P) lending platforms, that provide consumers and companies with faster, easier and more affordable loans and financial solutions than those offered by established banks. As such, Varengold Bank\u2019s goal is to become the preferred partner of Fintechs in the area of Marketplace Banking. Additionally, it supports foreign trade-oriented companies in niche markets by providing transaction\/commercial banking services.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The team of Varengold Bank\u2019s Sofia Branch is comprised of experts in the field of banking and technology. Its General Manager, Sergey Panteleev, has 12-year\u2019s experience in corporate and investment banking and structured finance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sergey Panteleev <\/span><span style=\"font-weight: 400;\">tells us what makes Sofia a place to establish a successful SEE regional center.\u00a0<\/span><\/p>\n<p><b>Varengold opened its office in Sofia nine months ago as part of the Bank\u2019s expansion in Southeastern Europe. Why Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">I could mention more than a dozen reasons, but let me give you three: Firstly, Sofia boasts a wide range of highly-educated professionals across almost every sector of the economy, but especially in the fields of IT, ICT, Tech and Finance. Secondly, as international rankings confirm, the city is among the most business-friendly in Europe thanks to an ecosystem that is entrepreneurial, startup-friendly, innovative, and generally strong in R&amp;D. Last, but not least, Sofia is very competitive in terms of cost effectiveness. Also, let\u2019s not forget the advantages that almost everyone takes for granted: The EU membership and the low currency risk. At Varengold Bank, we believe that with its strategic location, Sofia is the perfect starting point for our expansion in Southeast Europe (SEE). The city will serve as a hub for our operations across the whole region, which in our view will continue to outperform the average growth rate in the EU. We are happy that we are here and we are looking forward to accelerating the development of the region further with our projects.<\/span><\/p>\n<p><b>In June, Varengold acquired 20% of the Sofia-based peer-to-peer (P2P) lending platform Klear. What do you expect from the investment and how do you see the Fintech sector in Sofia and the region?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Klear is <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"20472\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-sergey-panteleev-general-manager-varengold-bank-sofia-branch\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-20469 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">08.09.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/multidisciplinary-creative-academy-opening-sofia\/\"><div class=\"mask\"><\/div><img width=\"256\" height=\"256\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy.png 256w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-80x80.png 80w\" sizes=\"(max-width: 256px) 100vw, 256px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/multidisciplinary-creative-academy-opening-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">08.09.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/multidisciplinary-creative-academy-opening-sofia\/\">Multidisciplinary Creative Academy Opening in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><a href=\"https:\/\/arc.academy\/bg\/akademiyata\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-20465 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy.png\" alt=\"\" width=\"256\" height=\"256\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy.png 256w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/09\/Arc-Academy-80x80.png 80w\" sizes=\"(max-width: 256px) 100vw, 256px\" \/>ARC Academy<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; the first multidisciplinary creative academy of its kind &#8211; opens in Sofia Tech Park this autumn. Students of the Academy will be able to study in four areas: game development, brand building, film production and space design.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ARC Academy has attracted business partners to teach the disciplines. The training process will involve companies that are leaders in their respective industries. They will give students the opportunity to participate in joint projects, in a real business environment and with l<\/span><span style=\"font-weight: 400;\">ates<\/span><span style=\"font-weight: 400;\">t material base, which the standard university environment lacks, t<\/span><span style=\"font-weight: 400;\">hus slowing down<\/span><span style=\"font-weight: 400;\"> employee development compared to the pace of development and business needs. In this way, the Academy will realise its concept of being a practical educational platform in which businesses find and train their future staff.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ARC Academy is supported by <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">Bulgarian Entrepreneurship Center (BEC) and Sofia Tech Park. For the <\/span><i><span style=\"font-weight: 400;\">Advertising and Brand Management<\/span><\/i><span style=\"font-weight: 400;\"> specialty, the Academy is in partnership with the Varna University of Management (VUM) and students will be able to graduate with a Master&#8217;s degree.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The creators of the project are Anthony Christov and Milin Dzhaliev. Anthony Christov returned to Sofia after 30 years working in Hollywood in positions including Art Director at Pixar productions like Finding Nemo, Wall-E, Incredibles 2, and others. Milin Dzhalaliev is an expert in advertising and branding and has worked in various management positions, including 10 years as manager of Saatchi &amp; Saatchi at Publicis Groupe Bulgaria.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Academy&#8217;s plans include standard training formats and online courses. The first classes start in O<\/span><span style=\"font-weight: 400;\">ctober and the call for applications is already <\/span><span style=\"font-weight: 400;\">open.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"20469\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/multidisciplinary-creative-academy-opening-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-20253 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">27.08.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-imperia-online-jcs-part-stillfront-group\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-2.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-2.jpg 477w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-2-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-2-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-2-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-2-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-2-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-2-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-2-80x80.jpg 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-2.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-imperia-online-jcs-part-stillfront-group\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">27.08.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-imperia-online-jcs-part-stillfront-group\/\">&#8220;Why Sofia?&#8221; with Imperia Online JCS, part of Stillfront Group<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-20259 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-4-300x167.jpg\" alt=\"\" width=\"372\" height=\"207\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-4-300x167.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-4-600x333.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-4-260x144.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-4-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-4-135x75.jpg 135w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Imperia-Online-4.jpg 654w\" sizes=\"(max-width: 372px) 100vw, 372px\" \/>Imperia Online JSC is one of the biggest game developer and publisher companies in Southeastern Europe with 25 released games. The company&#8217;s flagship titles are medieval MMO strategy games, available on mobile, browsers, social networks and Steam. <\/span><span style=\"font-weight: 400;\">For almost a year, the company is part of Stillfront Group.\u00a0<\/span>The Sweden-based group of independent game creators<span style=\"font-weight: 400;\">\u00a0has acquired the Bulgarian games studio for \u20ac10 million ($11.8 million), enabling it\u00a0to expand its portfolio of online games.<\/span>\n<p><b>Imperia Online &#8211; the game<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The idea for the eponymous game \u2013 the real-time strategy Imperia Online \u2013 was born back in 2005, when Dobroslav Dimitrov \u2013 the designer of the gameplay \u2013 and Moni Dochev &#8211; freelance programmer (at the time) \u2013 crossed paths. Back then Dobroslav, in his role as the then owner of one of the largest chains of Internet cafes &#8216;Xaoc&#8217;, bought license for time tracking software, developed by Moni. Hopping from one business meeting to another, it became clear that they both are fans of Age of Empires. Soon after that the detailed survey and the extensive groundwork laid for the gameplay mechanics took shape in a prominent way &#8211; Dobroslav\u2019s business plan. Moni and Dobroslav launch the project with the clear aim in mind to create the number one browser title of all MMO games on the market.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today, Imperia Online has<\/span><span style=\"font-weight: 400;\"> over 45 million users worldwide who<\/span><span style=\"font-weight: 400;\"> appreciate the efforts to offer only superior products and reward <\/span><span style=\"font-weight: 400;\">Imperia Online JSC<\/span><span style=\"font-weight: 400;\"> with loyalty, high ratings and flattering comments on all platforms. For almost a year, the company is part of Stillfront Group. Over 70 professionals work in the team in Sofia, almost half of them are women.<\/span><\/p>\n<p><b>Best Achievements<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Imperia Online Ltd. was proclaimed \u2018A Rising Star\u2019 in <\/span><b>Deloitte\u2019s<\/b><span style=\"font-weight: 400;\"> Fastest Growing IT companies ranking for 2014 with a growth of 498%.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">In 2015 Imperia Online Ltd. was awarded by<\/span><b> Deloitte <\/b><span style=\"font-weight: 400;\">as the 14th fastest growing IT company in Central Europe, having 592% revenue growth from 2011 to 2014.<\/span> <span style=\"font-weight: 400;\">Imperia Online Ltd. employee, Ilian Iliev, was awarded 2nd place as Employee of the Year, by Forbes Bulgaria Magazine.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Imperia Online\u2019s game Viber Emperors was nominated at the 13th <\/span><b>International Mobile Game Awards.<\/b><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Viber Emperors won the prize in &#8220;Best Gaming App&#8221; Category at the <\/span><b>Webit Awards <\/b><span style=\"font-weight: 400;\">2017 held in Sofia, Bulgaria.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Company&#8217;s CEO, Dobroslav Dimitrov was \u0430 finalist at the 10th edition of<\/span><b> \u201cManager of the Year\u201d <\/b><span style=\"font-weight: 400;\">contest for Bulgaria <\/span><\/li><\/ul><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"20253\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-imperia-online-jcs-part-stillfront-group\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-20054 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">15.08.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-boris-hristov-founder-356labs\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-1024x682.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-boris-hristov-founder-356labs\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">15.08.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-boris-hristov-founder-356labs\/\">Why Sofia? with Boris Hristov, Founder at 356labs<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-20055 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-300x200.jpg\" alt=\"\" width=\"341\" height=\"227\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-1024x682.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs-113x75.jpg 113w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Boris_Hristov_Official_356labs.jpg 1920w\" sizes=\"(max-width: 341px) 100vw, 341px\" \/>356labs is a boutique presentation agency that helps their clients write, design and deliver truly effective presentations. They do that by either building those presentations for their customers or by training them how they can do all of the above three by themselves.\u00a0<\/span>\n<p><span style=\"font-weight: 400;\">The company is just 4 years old but has already worked on some of the most critical presentations on the market &#8211; ones that closed multimillion-dollar deals, got startup investment from people like Bill Clinton and even the 2018 IPO of the Bulgarian company Gradus that raised more than 40 Million Euro.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They have trained companies like Uber, KPMG, Roche, Unicredit Bulbank, Kaufland, BIODERMA and many more in topics ranging from presentation skills and storytelling to slide design and data visualization and are the only presentation agency in the world to speak twice at the biggest yearly conference of Microsoft with more than 25 000 visitors &#8211; Ignite.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Boris Hristov, founder at 356labs<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">tells us what makes Sofia a place to launch and develop a successful business.<\/span><\/p>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside?\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The whole team of 356labs is based in Sofia. We are currently 6 people on the team and looking to grow to 10 in the next 6 &#8211; 8 months. The whole company is focused on one thing and one thing only &#8211; truly effective presentations. We do not do anything else &#8211; we do not do corporate identity projects, web design, social media, etc. None. Our expertise is in one field only and that is what differentiates us on the market. That being said, the services we provide both in Bulgaria and outside of it are related to it &#8211; we build presentations for our clients and we also train them how they can build and deliver them by themselves.\u00a0<\/span><\/p>\n<p><b>What motivated you to invest in Sofia?<\/b><b><br \/>\n<\/b><span style=\"font-weight: 400;\">Well, even though I personally have delivered presentations and trainings in more than 30 countries now, Sofia is our home city. And home is home. Now, from the business side &#8211; it\u2019s way easier and cheaper to start a business here than, let\u2019s say in Germany. What\u2019s more, Bulgaria could also be a great market for new companies to verify their idea and products or at least that is the case for us.\u00a0<\/span><\/p>\n<p><b>Are there other local and foreign companies here doing <\/b><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"20054\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-boris-hristov-founder-356labs\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-20016 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">12.08.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-loic-le-pichoux-co-founder-klear\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-1024x683.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-loic-le-pichoux-co-founder-klear\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">12.08.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-loic-le-pichoux-co-founder-klear\/\">Why Sofia? with Loic Le Pichoux, Co-Founder at Klear<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\">\u00a0<\/span>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-19995 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-300x200.jpg\" alt=\"\" width=\"326\" height=\"217\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-1024x683.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Klear-4th-birthday-113x75.jpg 113w\" sizes=\"(max-width: 326px) 100vw, 326px\" \/>Klear is a unique combination of Peer-to-Peer lending platform and a whole range of financial educational tools. It provides users with the opportunity to lend money and generate a return on investment or to borrow quickly and easily at reasonable interest rates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Klear was founded in Sofia in 2015 by Loic Le Pichoux, Lukasz Lukaszewski and Nikolay Stanev, Since then, Klear has been named The Best FinTech Startup in Bulgaria at the Central European Startup Awards for two consecutive years\u00a0 \u2013 in 2017 and 2018. Few months ago <\/span><span style=\"font-weight: 400;\">the p2p lending platform hit the milestone of <\/span><span style=\"font-weight: 400;\">1000 credits given.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Loic Le Pichoux, Co-founder and Chief Engagement Officer <\/span><span style=\"font-weight: 400;\">tells us what makes Sofia a place to launch and develop a successful FinTech company.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><b>Klear was founded 4 years ago by a team with solid experience in consumer finance. Why Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">First, we were working together in Sofia for a leading consumer credit company in Bulgaria. So, it was logical to assemble a team with the best professionals and to start operating on the Bulgarian market, our domestic market indeed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The second reason is that Sofia offers a very good option for startups who want to bootstrap. You have a good quality of life for a very reasonable cost of living.<\/span><\/p>\n<p><b>The FinTech revolution is rapidly transforming the financial industry. What is the future of P2P lending?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Yes, traditional financial players are challenged by innovative FinTech companies on all their products: bank account, payments, investments and loans. P2P lending is a fantastic model. Everyone loves the idea. It takes however some time to reach a large audience, to convince people to switch. Trust is key. I believe that time will come when P2P lending will not only tickle existing banks but will take significant market share from them. Simply because it\u2019s fair.<\/span><\/p>\n<p><b>Judging from your business experience in the sector, how does the local FinTech startup ecosystem perform in the different FinTech domains?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">I\u2019ve witnessed a drastic change in the last 5 years. When we started working on Klear project, FinTech was not a very popular word (OK, now it\u2019s the opposite and the hype is probably too much\u2026) and I could count Sofia FinTech companies on the fingers of one hand. Today, I can\u2019t know all of them as there are at least more than 50!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With a few other key players, we\u2019ve created the Bulgarian FinTech Association. It\u2019s <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"20016\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-loic-le-pichoux-co-founder-klear\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-19932 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">07.08.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-matthew-baird-co-founder-cto-atscale\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Why-Sofia-1-960x750.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Why-Sofia-1-960x750.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Why-Sofia-1-1280x1000.png 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Why-Sofia-1-1024x708.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-matthew-baird-co-founder-cto-atscale\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.08.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-matthew-baird-co-founder-cto-atscale\/\">&#8220;Why Sofia?&#8221; with Matthew Baird, Co-Founder and CTO at AtScale<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-19919 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Sofia-2019-203x300.png\" alt=\"\" width=\"203\" height=\"300\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Sofia-2019-203x300.png 203w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Sofia-2019-768x1133.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Sofia-2019-694x1024.png 694w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Sofia-2019-600x885.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Sofia-2019-99x146.png 99w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Sofia-2019-34x50.png 34w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Sofia-2019-51x75.png 51w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/08\/Baird-AtScale-Sofia-2019.png 836w\" sizes=\"(max-width: 203px) 100vw, 203px\" \/>Nine months ago, the US IT company <\/span><span style=\"font-weight: 400;\">AtScale<\/span><span style=\"font-weight: 400;\"> formed its own team in Sofia. AtScale is focused on big data management solutions that help companies convert big datasets into business intelligence and intelligent analytics tool. The company\u2019s flexible platform combines access to data from different locations where they are stored, as well as offers visualization and management of datasets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The team in Sofia is the first for the company outside the USA. Matthew Baird, Co-Founder and CTO at AtScale tells us what makes Sofia a place to further develop a successful business in Big Data.<\/span><\/p>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside?\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">AtScale is expanding its team internationally and is planning to invest over $25M USD in Sofia, Bulgaria. AtScale\u2019s software virtualizes data that allows Global 2000 enterprises to scale enterprise analytics.<\/span><\/p>\n<p><b>What motivated you to invest in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">There were a couple of key reasons. Our Vice President of Worldwide Engineering and R&amp;D, General Manager Europe, Momchil Michailov grew up in Sofia and has access to a highly skilled professional network in Bulgaria. Secondly, Bulgaria is known for computer software engineering top talent.<\/span><\/p>\n<p><b>What are the advantages of investing in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Loyal, smart and genuinely excited software engineers! We looked to Sofia as not an extension of our engineering team, but a completely viable software development unit that can spearhead new product initiatives from inception through to delivery and support. It takes a special kind of person and team to be able to keep innovating and pushing to deliver and we\u2019ve found that the Bulgarian people are fighters! They have a strong pride in craftsmanship and a desire to win. The culture is actually similar in many respects to Silicon Valley.<\/span><\/p>\n<p><b>What sort of challenges have you faced so far?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The challenges are expected and completely typical to expanding engineering teams in other continents and time zones. All can be easily overcome and the benefits far outweigh the challenges.<\/span><\/p>\n<p><b>How do you estimate the overall business climate in Sofia today?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">There is a growing realization within Bulgaria that global high tech industry leadership is within their grasp and a key to improving the lives of Bulgarian citizens. As such, Sofia is a very vibrant and friendly place to do business. As a result, AtScale could move quickly\u2014from idea inception to an operating office took on the order <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"19932\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-matthew-baird-co-founder-cto-atscale\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-19656 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">24.07.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/aeternity-ventures-announces-400%d0%ba-funding-4-blockchain-projects\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-1024x683.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/aeternity-ventures-announces-400%d0%ba-funding-4-blockchain-projects\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">24.07.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/aeternity-ventures-announces-400%d0%ba-funding-4-blockchain-projects\/\">\u00e6ternity Ventures announces $400\u041a funding in 4 blockchain projects\u00a0<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><b>\u0422he second edition of the Starfleet accelerator aims to provide $100\u041a venture funding for each of the four selected projects:\u00a0the event ticketing provider by Abend from Germany, the blockchain game Cryptic Legends (Malta\/Serbia), the Croatian decentralized freelancing platform Cryptotask, and the Bulgarian satellite data marketplace Homeport.<\/b>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-19661 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-300x200.jpg\" alt=\"\" width=\"396\" height=\"264\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-1024x683.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport-113x75.jpg 113w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/aeturnity-ventures-Bulgarian-winner-Homeport.jpg 2048w\" sizes=\"(max-width: 396px) 100vw, 396px\" \/>\u00e6ternity Ventures, the investment arm of the \u00e6ternity Blockchain, has officially announced the funding in the 4 seed-stage startups from the second edition of the Starfleet accelerator program.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Each of the 4 teams will receive a funding of $100 000, the maximum amount offered, a certain sign for the excellent quality of the selected projects and the level of their experience. Every seed investment is connected to a set of milestones that are discussed and agreed with the teams. On top that each team will receive legal and marketing aid, as well as heads-on business development guidance through all stages of their growth.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cSince its foundation, the mission of \u00e6ternity Ventures is to enrich the blockchain space constantly and ensure that the ideas worth hearing will be heard&#8221;, said<\/span><\/i><span style=\"font-weight: 400;\"> Nikola Stojanow, CBO of \u00e6ternity Blockchain and CEO of \u00e6ternity Ventures. <\/span><i><span style=\"font-weight: 400;\">&#8220;It is exciting to follow the growth of these four high-quality projects with the potential to disrupt industries on a global scale! They would have a meaningful impact on the entire \u00e6ternity ecosystem &#8211; the ultimate reward for me and the whole \u00e6ternity Ventures team.&#8221;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">The second edition of Starfleet accelerator started in March 2019 with 14 blockchain startups from all over the world, from which only 8 were invited to pitch on the final Demo day in April. In the end, 4 teams were selected for an investment offer. \u0422he 4 startups receiving investment from \u00e6ternity Ventures include event ticketing provider, satellite data marketplace, blockchain game, and decentralized freelancing platform.\u00a0<\/span><\/p>\n<p><b>Abend<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Abend from Germany is a cashless, user-friendly, on-site payment platform whose prototype is already running on \u00e6ternity blockchain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The team behind the project engages to create \u201cown little economy\u201d for the music events segment internationally.<\/span><\/p>\n<p><b>Cryptotask\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Croatian Cryptotask is urging the long-awaited freelancing revolution by creating a task-oriented, easy to use, decentralized freelancing task market with advanced dispute resolution system built in (something like Upwork but much better and on \u00e6ternity blockchain).<\/span><\/p>\n<p><b>Cryptic Legend<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Cryptic Legends (Malta\/Serbia) is blockchain-based hero management, battle simulation game set in an ancient fantasy world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Aside from selling legends\/heroes directly to the players, Cryptic <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"19656\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/aeternity-ventures-announces-400%d0%ba-funding-4-blockchain-projects\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-19481 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.07.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/kaufland-service-hub-opens-second-office-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/kaufland-service-hub-opens-second-office-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.07.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/kaufland-service-hub-opens-second-office-sofia\/\">Kaufland Service IT HUB Opens Second IT Office in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-19475 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-300x300.jpg\" alt=\"\" width=\"181\" height=\"181\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-768x768.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-600x600.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo-80x80.jpg 80w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/07\/Kaufland-logo.jpg 960w\" sizes=\"(max-width: 181px) 100vw, 181px\" \/>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 <\/span><span style=\"font-weight: 400;\">customers of more than 11 500 markets and over 400 000 employees of the Schwarz Group around the world.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kaufland Service IT HUB started its activity in Sofia in 2017 after <\/span><span style=\"font-weight: 400;\">evaluating <\/span><span style=\"font-weight: 400;\">the IT sector and <\/span><span style=\"font-weight: 400;\">business environment<\/span><span style=\"font-weight: 400;\"> of several European locations. The centre had opened with nine software specialists, but just a year later expanded to a team of 55 people, delivering IT solutions in the areas of SAP Basis, Java, SharePoint, BI, CA. <\/span><span style=\"font-weight: 400;\">With its second office, the engineering team has grown to 110 people and the company plans to double its workforce by the end of 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.capital.bg\/biznes\/kompanii\/2019\/05\/29\/3913127_kaufland_otkri_vtori_vtori_it_centur_v_bulgariia\/\" target=\"_blank\" rel=\"noopener noreferrer\">According to Michail Petrov<\/a>, CEO of Kaufland Service IT HUB Bulgaria, Sofia <\/span><span style=\"font-weight: 400;\">maintains<\/span><span style=\"font-weight: 400;\"> the business of a global player with a turnover of 100 billion euro for 2018 offering innovative value added IT products and solutions to <\/span><span style=\"font-weight: 400;\">facilitate<\/span><span style=\"font-weight: 400;\"> the development of the Schwarz Group\u2019<\/span><span style=\"font-weight: 400;\">s overall <\/span><span style=\"font-weight: 400;\">activity &#8211; the retail.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Schwarz Group is the world&#8217;s fourth-biggest revenue retailer, with Kaufland, Lidl, and Handelshof retail chains.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"19481\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/kaufland-service-hub-opens-second-office-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-19443 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">02.07.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/acronis-expands-rd-centre-sofia-bgn-1-2-million-investments\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"267\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Grand-Opening-Sofia-1.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Grand-Opening-Sofia-1.jpg 865w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Grand-Opening-Sofia-1-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Grand-Opening-Sofia-1-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Grand-Opening-Sofia-1-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Grand-Opening-Sofia-1-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Grand-Opening-Sofia-1-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Grand-Opening-Sofia-1-112x75.jpg 112w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Grand-Opening-Sofia-1.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/acronis-expands-rd-centre-sofia-bgn-1-2-million-investments\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">02.07.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/acronis-expands-rd-centre-sofia-bgn-1-2-million-investments\/\">Acronis Expands R&#038;D Centre in Sofia with BGN 1.2 Million Investments\u00a0<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\">With an investment of BGN 1.2 million, the\u00a0 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.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The centre in the Bulgarian capital opened in August 2018 and has been working <\/span><span style=\"font-weight: 400;\">in areas such as<\/span><span style=\"font-weight: 400;\"> Cybersecurity, AI and Blockchain projects. The expansion of the R&amp;D centre is related to the development of a new product &#8211; Acronis Total Protection (ATP) for proactive defensive technologies, controlled by an AI.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For the investment, Acronis Bulgaria received an A-class investment certificate from Emil Karanikolov, Minister of Economy. As a result, the company may take advantage of the privileges and relieves, envisaged in the Investment Promotion Act (IPA).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Acronis entered the Bulgarian market with the acquisition of the Sofia-based T-Soft and started its business with a team of 30 people. Almost a year later, 120 people work for the team of the company in Sofia. The international leader in cybersecurity and hybrid cloud solutions has more than 1000 workers around the world and provides its solutions in more than 150 countries. The products of the company are adapted in 20 languages and provide security for more than 500 000 companies and 5 million customers.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"19443\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/acronis-expands-rd-centre-sofia-bgn-1-2-million-investments\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-19435 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">02.07.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/financial-times-expands-team-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"267\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-112x75.jpg 112w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/financial-times-expands-team-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">02.07.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/financial-times-expands-team-sofia\/\">Financial Times Expands Its Team in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-12911 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-300x200.jpg\" alt=\"FT-IT-Center-Sofia\" width=\"300\" height=\"200\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-112x75.jpg 112w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia.jpg 500w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Financial Times (FT) moved to Sofia one more of its key teams in the field of development of technologies and products. The new department <\/span><i><span style=\"font-weight: 400;\">FT Specialist<\/span><\/i><span style=\"font-weight: 400;\"> 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 engineers, product managers, business analyzers and designers opened.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The team will be accommodated in the office of FT in the Bulgarian capital that officially opened at the beginning of 2019 with the department <\/span><i><span style=\"font-weight: 400;\">FT Core<\/span><\/i><span style=\"font-weight: 400;\">. FT Core supports the platforms and systems of FT.com. Among them are the <\/span><span style=\"font-weight: 400;\">subscription software, data domains, content publishing and distribution, etc.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><i><span style=\"font-weight: 400;\">Financial Times<\/span><\/i><span style=\"font-weight: 400;\"> is one of the world\u2019s leading business news and information organisations with more than 900 thousand subscribers across print and digital products. It provides a broad range of services, including news, comments, data, and analyses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sofia was selected due to its location and fast access to <\/span><i><span style=\"font-weight: 400;\">Financial Times\u2019<\/span><\/i><span style=\"font-weight: 400;\">s head office in London, as well as for its technology talent pool.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"19435\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/financial-times-expands-team-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-19337 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">28.06.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-host-one-europes-powerful-supercomputers\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"261\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer.png 853w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-300x196.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-768x501.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-600x391.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-224x146.png 224w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-50x33.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-115x75.png 115w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-host-one-europes-powerful-supercomputers\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">28.06.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-host-one-europes-powerful-supercomputers\/\">Sofia to Host one of Europe&#8217;s Most Powerful Supercomputers<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-19338 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-300x196.png\" alt=\"\" width=\"300\" height=\"196\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-300x196.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-768x501.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-600x391.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-224x146.png 224w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-50x33.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer-115x75.png 115w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Sofia-EU-Supercomputer.png 853w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Sofia has been chosen as one of eight sites across the EU that will host the first European supercomputers. The new high-performing computing machine will be located at Sofia Tech Park.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project is the largest EU investment in Bulgaria related to scientific infrastructure. It would cost 18 million euro, <\/span><span style=\"font-weight: 400;\">12 million euro of which will be paid by Bulgaria and the European Commission will pay<\/span><span style=\"font-weight: 400;\"> six million euro.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The supercomputer in Sofia will be capable of executing at least 4 million billion operations per second. The other 7 supercomputing machines will be located in Ostrava (Czechia), Kajaani (Finland), Bologna (Italy), Bissen (Luxembourg), Minho (Portugal), Maribor (Slovenia), and Barcelona (Spain).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The EU project is part of a pioneering continent-wide plan to compete with the USA, China, and Japan as major international players in supercomputing. The deployment of <\/span><span style=\"font-weight: 400;\">world-class <\/span><span style=\"font-weight: 400;\">supercomputing and data infrastructure should be completed by the end of 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The eight sites that will host the world-class supercomputers will support Europe&#8217;s researchers, industry and businesses in developing new applications in a wide range of areas, such as designing medicines, fighting climate change, testing and simulations in the aviation and automotive industries, data analytics, artificial intelligence, cybersecurity, and blockchain.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"19337\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-host-one-europes-powerful-supercomputers\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-19293 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">26.06.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/bulpros-%d0%bepens-innovation-lab-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"208\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/innovation-lab-opening-image-source-bulpros.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/innovation-lab-opening-image-source-bulpros.jpg 770w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/innovation-lab-opening-image-source-bulpros-300x156.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/innovation-lab-opening-image-source-bulpros-768x400.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/innovation-lab-opening-image-source-bulpros-600x312.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/innovation-lab-opening-image-source-bulpros-260x135.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/innovation-lab-opening-image-source-bulpros-50x26.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/innovation-lab-opening-image-source-bulpros-144x75.jpg 144w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/innovation-lab-opening-image-source-bulpros.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/bulpros-%d0%bepens-innovation-lab-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">26.06.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/bulpros-%d0%bepens-innovation-lab-sofia\/\">Bulpros \u041epens Innovation Lab in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\">Bulpros officially opened a new technology <\/span><i><span style=\"font-weight: 400;\">Innovation Lab<\/span><\/i><span style=\"font-weight: 400;\"> 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.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bulpros Innovation Lab includes demo stations that demonstrate product and services accelerating the digitization of business processes through digital and personalized user experience, digital collaboration tools, efficient customer communication based on Cisco and Microsoft solutions, virtual reality, AI developed by the company, and more.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The laboratory includes demo stations on Sales Effectiveness Dashboard and Sales AI, Professional Services Resource and Project Management, Team Collaboration, Boardroom Meetings, Secure Connectivity Platform (SCP) for manufacturing and Remote Expert based on Cisco technology, Accounts Payable Process Automation, Remote Digital Onboarding, In-person Digital Onboarding, Smart Assistants and Chatbots, Executive Workplace, iQ.Suite, Traffic and Security Analytics.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bulpros Innovation Lab is a further strategic investment initiative after in 2016 the company received a Certificate for Investor Class A for a BGN 3.1 mln investment project in the area of IT and customer services. <\/span><b>\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Bulpros is a global IT and BPO services, solutions and products provider, focused on Cloud and Support Services, Industry Digitalization, Cyber Security, Digital Workspace, Technology Services, and Sales Services in the areas of Finance, Professional Services, Telecommunications, Manufacturing, Healthcare, and Retail.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Sofia-based company was established in 2010 with a team of 5 employees. Currently, Bulpros operates in four cities in Bulgaria and has 19 offices in total, located in Europe and North America. The company has a team of more than 1200 experts and consultants. Through the years, it has been repeatedly recognised as one of the fastest growing IT companies in <a href=\"https:\/\/bulpros.com\/company\/awards\" target=\"_blank\" rel=\"noopener noreferrer\">prestigious rankings<\/a> such as Deloitte\u2019s <\/span><i><span style=\"font-weight: 400;\">Technology Fast 50 in CE<\/span><\/i><span style=\"font-weight: 400;\"> and <\/span><i><span style=\"font-weight: 400;\">Technology Fast 500 in Europe, Middle East, and Africa<\/span><\/i><span style=\"font-weight: 400;\">, Financial Times <\/span><i><span style=\"font-weight: 400;\">1000 Europe<\/span><\/i><span style=\"font-weight: 400;\">, and McKinsey\u2019s 2018 report <\/span><i><span style=\"font-weight: 400;\">The rise of Digital Challengers.<\/span><\/i><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"19293\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/bulpros-%d0%bepens-innovation-lab-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-19211 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">25.06.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/germany-based-company-bhtc-investing-e16-2m-manufacturing-plant-near-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"265\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Behr-Hella-Thermocontrol-BHTC-Bulgaria-Sofia.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Behr-Hella-Thermocontrol-BHTC-Bulgaria-Sofia.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/germany-based-company-bhtc-investing-e16-2m-manufacturing-plant-near-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">25.06.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/germany-based-company-bhtc-investing-e16-2m-manufacturing-plant-near-sofia\/\">Germany-based Company BHTC Investing \u20ac16.2m In Its Manufacturing Plant Near Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\n<p><span style=\"font-weight: 400;\">With an investment of <\/span>\u20ac<span style=\"font-weight: 400;\">16.2 million, the Germany-based company \u0412\u0435hr-\u041d\u0435ll\u0430 \u0422h\u0435rm\u043e\u0441\u043entr\u043el (\u0412\u041d\u0422\u0421) extended <a href=\"https:\/\/www.bhtc.com\/en\/locations\/sofia-bozhuriste-bulgaria\" target=\"_blank\" rel=\"noopener noreferrer\">its production <\/a><\/span><span style=\"font-weight: 400;\">plant<\/span><span style=\"font-weight: 400;\"> 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. <\/span><span style=\"font-weight: 400;\">Along with<\/span><span style=\"font-weight: 400;\"> the expansion, the company opens 250 new job<\/span><span style=\"font-weight: 400;\">s<\/span><span style=\"font-weight: 400;\"> and plans to hire another 400 people by 2022.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The expansion of BHTC Bulgaria covers 7,500 square meters and includes warehouses, technical areas, offices, and laboratories. At the end of 2018, \u0412\u041d\u0422\u0421 received a certificate <\/span><span style=\"font-weight: 400;\">for <\/span><span style=\"font-weight: 400;\">a priority investment project.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to BHTC CEO Martin Nyland, BHTC&#8217;s <\/span><span style=\"font-weight: 400;\">annual production at the start of the company\u2019s operations in Bulgaria in 2015 was<\/span><span style=\"font-weight: 400;\"> 1 million units of automotive air conditioning systems, <\/span><span style=\"font-weight: 400;\">and now, four years later,<\/span><span style=\"font-weight: 400;\"> it is 26 million. The new expansion will allow the <\/span><span style=\"font-weight: 400;\">manufacturing <\/span><span style=\"font-weight: 400;\">of 150,000 devices per week or over 7 million per year.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"19211\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/germany-based-company-bhtc-investing-e16-2m-manufacturing-plant-near-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-19205 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">25.06.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/varengold-bank-acquires-20-sofia-based-platform-klear\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01-01-960x750.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01-01-1024x749.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/varengold-bank-acquires-20-sofia-based-platform-klear\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">25.06.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/varengold-bank-acquires-20-sofia-based-platform-klear\/\">Varengold Bank Acquires 20% of the Sofia-based Platform Klear<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-19880 alignleft\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01-300x219.png\" alt=\"\" width=\"300\" height=\"219\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01-300x219.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01-768x562.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01-1024x749.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01-600x439.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01-200x146.png 200w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01-50x37.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01-103x75.png 103w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Varengold-Bank-logo-01.png 1083w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>The German company Varengold Bank <\/span><span style=\"font-weight: 400;\">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\u2019s operations across Bulgaria and SEE.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is Varengold Bank\u2019s first investment in a P2P lending platform, based in the SEE region. The German bank <\/span><a href=\"https:\/\/investsofia.com\/en\/german-varengold-bank-opens-office-in-sofia\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">opened its branch in Sofia<\/span><\/a><span style=\"font-weight: 400;\"> in November 2018 with the mission to turn it into a major hub for its expansion in Southeast Europe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.klearlending.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Klear<\/a> provides individuals with the opportunity to lend loans and generate a return on investment. <\/span><span style=\"font-weight: 400;\">Borrowers, on the other hand, are able to withdraw a loan easily at reasonable interest rates<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">The amount of the loans which active investors have granted through the lending platform so far is more than BGN 8 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Klear was founded with the mission to be fairer and more transparent in terms of interest rates and return on investment. It has been named The Best FinTech Startup in Bulgaria at the Central European Startup Awards <\/span><span style=\"font-weight: 400;\">for two consecutive years <\/span><span style=\"font-weight: 400;\">\u00a0&#8211; in 2017 and 2018.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Varengold is headquartered in Hamburg and <\/span><span style=\"font-weight: 400;\">has branch offices<\/span><span style=\"font-weight: 400;\"> in London and Sofia. <\/span><span style=\"font-weight: 400;\">Varengold specialises in Marketplace &amp; Transaction Banking, a sector which has been dynamically developing worldwide.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Varengold is supporting FinTech-companies in Europe, mainly lending platforms enabling them to grow and gain relevance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further information is available in<a href=\"https:\/\/www.varengold.de\/fileadmin\/user_upload\/Home\/Presse\/ENG_Varengold_Bank_Acquires_20__of_Bulgaria_s_Klear_News_Release_3.6.2019.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"> the official statement<\/a> on the website of the P2P platform.\u00a0<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"19205\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/varengold-bank-acquires-20-sofia-based-platform-klear\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-19188 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">25.06.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/bosch-group-officially-opened-new-office-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"177\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Bosch-logo.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Bosch-logo.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/bosch-group-officially-opened-new-office-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">25.06.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/bosch-group-officially-opened-new-office-sofia\/\">Bosch Group Officially Opened its New Office in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-19184 alignright\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Bosch-logo.png\" alt=\"\" width=\"332\" height=\"147\" \/>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 <\/span><span style=\"font-weight: 400;\">establishment<\/span><span style=\"font-weight: 400;\"> of a specialised automotive <\/span><span style=\"font-weight: 400;\">software engineering centre<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">Currently, the company employs nearly 100 people <\/span><span style=\"font-weight: 400;\">who are developing navigation and diagnostic software for the automotive industry.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;This development centre places Sofia and Bulgaria very well on the map of the automotive industry,&#8221; Vladimir Danailov, Chief Executive Officer of Sofia Investment Agency <a href=\"https:\/\/www.bloombergtv.bg\/video\/vladimir-danailov-za-planiranite-investitsii-ot-bic-i-drugi-kompanii-u-nas?fbclid=IwAR31NGR13H0n8GnAhkKA91a1moMYx3mrH0XShRtHrGajgq7LiJgeITU1K0I\" target=\"_blank\" rel=\"noopener noreferrer\">commented for\u00a0<\/a><\/span><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.bloombergtv.bg\/video\/vladimir-danailov-za-planiranite-investitsii-ot-bic-i-drugi-kompanii-u-nas?fbclid=IwAR31NGR13H0n8GnAhkKA91a1moMYx3mrH0XShRtHrGajgq7LiJgeITU1K0I\" target=\"_blank\" rel=\"noopener noreferrer\">\u2018Business Start\u2019<\/a> on Bloomberg TV Bulgaria. &#8220;The automotive industry in Bulgaria is younger compared to competitive countries like the Czech Republic, Slovakia<\/span><span style=\"font-weight: 400;\">,<\/span><span style=\"font-weight: 400;\"> and Poland, but it already accounts for nearly 6 billion euros and there are about 220-250 companies in Bulgaria dealing with automotive related operations. By 2020 these 6 <\/span><span style=\"font-weight: 400;\">billion euros<\/span><span style=\"font-weight: 400;\"> are expected to double. Companies like Robert Bosch that invest in R&amp;D centres in our country make Sofia and Bulgaria more and more attractive business destination <\/span><span style=\"font-weight: 400;\">for<\/span><span style=\"font-weight: 400;\"> the industry. &#8220;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The German Bosch Group operates in Bulgaria with two other companies &#8211; BSH Household Appliances Bulgaria and Bosch Software Innovations, where 170 IT <\/span><span style=\"font-weight: 400;\">engineers<\/span> <span style=\"font-weight: 400;\">design, develop, and operate IoT software and system solutions <\/span><span style=\"font-weight: 400;\">in areas such as<\/span><span style=\"font-weight: 400;\"> smart<\/span><span style=\"font-weight: 400;\"> homes and buildings, smart cities, connected mobility, and<\/span><span style=\"font-weight: 400;\"> connected<\/span> <span style=\"font-weight: 400;\">manufacturing<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bosch has been on the Bulgarian market for 25 years. The leading global technology and service provider <\/span><span style=\"font-weight: 400;\">employs<\/span><span style=\"font-weight: 400;\"> 410,000 associates in almost every country in the world with sales and service partners, production units, research and development teams. According to preliminary data, in 2018 the company generated sales<\/span><span style=\"font-weight: 400;\"> amounting to<\/span><span style=\"font-weight: 400;\"> EUR 78.5 billion.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"19188\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/bosch-group-officially-opened-new-office-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-18921 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">08.06.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/bulgarian-company-invests-bgn-100-000-new-test-base-sofia\/\"><div class=\"mask\"><\/div><img width=\"200\" height=\"200\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200.jpg 200w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-80x80.jpg 80w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/bulgarian-company-invests-bgn-100-000-new-test-base-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">08.06.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/bulgarian-company-invests-bgn-100-000-new-test-base-sofia\/\">Bulgarian IT Company Invests BGN 100 000 in a New Test Base in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-18922 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200.jpg\" alt=\"\" width=\"200\" height=\"200\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200.jpg 200w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/persy-logo-200x200-80x80.jpg 80w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/>Bulgarian company <a href=\"https:\/\/www.persy.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Persy<\/a> invests BGN 100 000 in a new state-of-the-art testing facility in Sofia for its computers and servers. With this investment, the company aims at doubling its capacity in the operations for the mandatory checkup of the machines placing them for sale.<\/span>\n<p><span style=\"font-weight: 400;\">Persy Ltd is a systems integrator and manufacturer of high-quality server and computer systems. The company has been on the market for over 20 years and has constantly been implementing leading ideas and technologies in its production. The company is certified with ISO 9001:2008 &#8211; a standard that guarantees excellent organisation of the marketing, manufacturing, and servicing processes. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company produces its own brand for computer and server configurations &#8220;STINGER&#8221;. The systems allow a flexible approach to designing configurations suited to a wide variety of tasks ranging from standard applications to critical business operations, real-time data analysis, and artificial intelligence. PERSY Ltd is also known for supplying servers, workstations and disk arrays of the European Organisation for Nuclear Research (CERN) with which it has been operating since 2012.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"18921\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/bulgarian-company-invests-bgn-100-000-new-test-base-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-18844 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">08.06.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/software-company-experian-opened-new-office-building-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"224\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Experian-New-Office.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Experian-New-Office.png 668w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Experian-New-Office-300x168.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Experian-New-Office-600x336.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Experian-New-Office-260x146.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Experian-New-Office-50x28.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Experian-New-Office-134x75.png 134w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Experian-New-Office.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/software-company-experian-opened-new-office-building-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">08.06.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/software-company-experian-opened-new-office-building-sofia\/\">The Software Company Experian Opened its New Office Building in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\">The Bulgarian division of the Irish <\/span><span style=\"font-weight: 400;\">data and analytical tools <\/span><span style=\"font-weight: 400;\">software company Experian moved its team to a new own office building in Sofia. The ninth-floor Space Tower is situated on Tsarigradsko Shose Blvd, right next to the Inter Expo Center metro station, thoroughly designed and build by Bulgarian subcontractors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new office building has an eco-certificate for low impact on the environment, 89 parking places, bike parks and <\/span><span style=\"font-weight: 400;\">EV charging station<\/span><span style=\"font-weight: 400;\">. The interior is designed in accordance with the daily work routine &#8211; conference halls, spaces for team or individual work, a library, game and sport corners, chill-out zones, etc.In Sofia, Experian Bulgaria <\/span><span style=\"font-weight: 400;\">currently employs more than 1 000 employees, the company <\/span><span style=\"font-weight: 400;\">reports. The team <\/span><span style=\"font-weight: 400;\">has doubled in the last two years<\/span><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bulgarian office serves 34 000 customers and is the largest centre of the company in Europe with 20% of the whole analytical capacity. In 2018, the income of the Bulgarian company is BGN 67,6 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Globally, the company has over 16,000 employees in 37 countries worldwide. Experian provides solutions for gathering, analysing and processing data and information arrays, and helps clients in credit risk management, fraud prevention, better targeting of marketing offers, automated decision-making, credit profiles management and prevention of identity theft.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The office in Bulgaria was established in 2004. At the end of May, the company received its next recognition with four statues from <\/span><span style=\"font-weight: 400;\">the annual awards for achievements in innovation, high technology and the outsourcing of the Bulgarian Outsourcing Association (BAA) and the Bulgarian Association of Software Companies (BASSCOM)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Experian took the prizes in the following categories: Technology Employer of the Year for 2019, Research and Development Center of the Year, Corporate Citizenship and for Technology Business building 2019 &#8211; namely, the new office Space Tower.<\/span><\/p>\n<div id=\"fb-root\"><\/div>\n<p><script async=\"1\" defer=\"1\" crossorigin=\"anonymous\" src=\"https:\/\/connect.facebook.net\/bg_BG\/sdk.js#xfbml=1&amp;version=v3.3\"><\/script><\/p>\n<div class=\"fb-video\" data-href=\"https:\/\/www.facebook.com\/experianbulgaria\/videos\/783042232064675\/\" data-width=\"1200\">\n<blockquote cite=\"https:\/\/www.facebook.com\/experianbulgaria\/videos\/783042232064675\/\" class=\"fb-xfbml-parse-ignore\"><p><a href=\"https:\/\/www.facebook.com\/experianbulgaria\/videos\/783042232064675\/\"><\/a><\/p>\n<p>\u041f\u044a\u0440\u0432\u0438\u0442\u0435 \u043a\u043e\u043b\u0435\u0433\u0438 \u0432\u0435\u0447\u0435 \u0441\u0435 \u043f\u0440\u0435\u043c\u0435\u0441\u0442\u0438\u0445\u0430 \u0432 \u043d\u043e\u0432\u0438\u044f \u043d\u0438 \u043e\u0444\u0438\u0441 \u043d\u0430 \u0431\u0443\u043b. &quot;\u0426\u0430\u0440\u0438\u0433\u0440\u0430\u0434\u0441\u043a\u043e \u0448\u043e\u0441\u0435&quot; 86. \u0412\u0438\u0436 \u043a\u0430\u043a \u0438\u0437\u0433\u043b\u0435\u0436\u0434\u0430 \u0442\u043e\u0439 \u043a\u043e\u043d\u0446\u0435\u043f\u0442\u0443\u0430\u043b\u043d\u043e, \u0430 \u043f\u044a\u043a \u0441\u043a\u043e\u0440\u043e \u0449\u0435 \u0442\u0438 \u0441\u043f\u043e\u0434\u0435\u043b\u0438\u043c \u0438 \u043e\u0449\u0435 \u0441\u043d\u0438\u043c\u043a\u0438 \u043e\u0442 \u043d\u0435\u0433\u043e. \u041e\u0447\u0430\u043a\u0432\u0430\u043c\u0435 \u0442\u0435 \ud83d\ude0a<\/p>\n<p>\u041f\u0443\u0431\u043b\u0438\u043a\u0443\u0432\u0430\u0445\u0442\u0435 \u043e\u0442 <a href=\"https:\/\/www.facebook.com\/experianbulgaria\/\">Experian Bulgaria<\/a> \u0432 \u041f\u0435\u0442\u044a\u043a, 1 \u043c\u0430\u0440\u0442 2019 \u0433.<\/p><\/blockquote>\n<\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"18844\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/software-company-experian-opened-new-office-building-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-18812 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">08.06.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-awarded-french-tech-label-ministry-french-economy\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/61599013_2120141351441585_7964914325267677184_o-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/61599013_2120141351441585_7964914325267677184_o-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/61599013_2120141351441585_7964914325267677184_o-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/61599013_2120141351441585_7964914325267677184_o-1024x681.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-awarded-french-tech-label-ministry-french-economy\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">08.06.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-awarded-french-tech-label-ministry-french-economy\/\">Sofia Awarded a \u201cFrench Tech&#8221; label by the Ministry of French Economy<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\">Sofia received the FrenchTech label and joined an international community of over 50 innovation and tech hubs around the world. The accreditation was awarded by the Ministry of French Economy with the support of the French-Bulgarian Chamber of Commerce\u00a0and Industry.<\/span><\/p>\n<p><a href=\"https:\/\/www.lafrenchtech.com\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">French Tech<\/span><\/a> <span style=\"font-weight: 400;\">is the collective name\/brand that unites all participants in the French startup ecosystem, a government-backed movement created by entrepreneurs for entrepreneurs that help french startups grow in France and abroad. The organisation provides accreditation to French cities and French Tech Hubs abroad for their startup ecosystem and innovation potential. Stakeholders in FrenchTech are entrepreneurs, start-ups, investors, engineers, designers, developers, students, associations, bloggers, the media and public and private organisations focused on digital tech, medtech, biotech, cleantech, etc. start-ups.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A \u201cFrench Tech Hub\u201d provides a focal point for the French entrepreneurial ecosystem in the awarded regions to establish a presence there. The label is a great recognition for the Bulgarian capital. Sofia is now part of an international community alongside with San Francisco, Los Angeles, New York, Montreal, Sao Paulo, Cape Town, Barcelona, Milan, London, Berlin, Moscow, Israel, Dubai, Vietnam, Taiwan, Hong Kong, Beijing, Shanghai, Seoul, Tokyo.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sofia Investment Agency was happy to represent Sofia Municipality in the event on the occasion of the official announcement of the accreditation of Sofia as a French Tech Hub<\/span> <span style=\"font-weight: 400;\">organised by the<\/span> <span style=\"font-weight: 400;\">\u00a0<\/span><a href=\"https:\/\/www.ccifrance-bulgarie.org\/bg.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">French-Bulgarian Chamber of Commerce and Industry<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/frenchtechsofia.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">FrenchTech Sofia<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">CEO Vladimir Danailov joined the official opening with a congratulatory speech and an overview of the rapid development of Sofia&#8217;s entrepreneurial ecosystem and collaboration with France alongside Adrien Bacchi, President of French Tech Sofia, St\u00e9phane Delahaye, CCIFB President, and Vessela Todorova-Mosettig Director of CCIFB.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Looking forward to future collaboration between Sofia and the international FrenchTech community.<\/span><\/p>\n<p>Image source:\u00a0<em>French<\/em>&#8211;<em>Bulgarian Chamber of Commerce<\/em>\u00a0and Industry<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"18812\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-awarded-french-tech-label-ministry-french-economy\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-18809 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">08.06.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/pre-seed-accelerator-founder-institute-open-sofia-first-office-outside-us\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"155\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo.png 507w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo-300x116.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo-260x101.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo-50x19.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo-150x58.png 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/pre-seed-accelerator-founder-institute-open-sofia-first-office-outside-us\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">08.06.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/pre-seed-accelerator-founder-institute-open-sofia-first-office-outside-us\/\">Pre-seed Accelerator Founder Institute to Open in Sofia First Office Outside the US<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-18805 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo-300x116.png\" alt=\"\" width=\"300\" height=\"116\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo-300x116.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo-260x101.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo-50x19.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo-150x58.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/The_Founder_Institute_Logo.png 507w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Founder Institute, \u00a0the world&#8217;s largest pre-seed startup accelerator, chose Sofia as its first office location outside the US. <\/span><span style=\"font-weight: 400;\">The<\/span><span style=\"font-weight: 400;\"> Founder Institute (FI) already has <\/span><span style=\"font-weight: 400;\">programs<\/span><span style=\"font-weight: 400;\"> in 180 cities across 65 countries worldwide and a network of local Programme Managers or Directors who take care for the execution of the acceleration sessions. Bulgaria also has its<\/span><a href=\"https:\/\/fi.co\/mentors\/sofia\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"> team of FI mentors<\/span><\/a><span style=\"font-weight: 400;\">, but the Sofia headquarters will be the first one that will actually recruit associates. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The local team will be responsible for identifying new FI locations across Europe and supporting the development of the new chapters, thus helping <\/span><a href=\"https:\/\/www.trendingtopics.at\/bulgaria\/adeo-ressi-entrepreneurs-in-europe-need-to-think-bigger\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">FI\u2019s expansion in Europe<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">More about the reason to choose Sofia please find in <\/span><a href=\"https:\/\/www.capital.bg\/biznes\/predpriemach\/2019\/03\/22\/3407662_founder_institute_zapochva_evropeiskiia_si_pohod_ot\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">the interview (in Bulgarian) with founder Adeo Ressi<\/span><\/a><span style=\"font-weight: 400;\">, as well as in the article by move.bg on the occasion of the<\/span><a href=\"https:\/\/move.bg\/sofia-founder-institute-office\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"> official opening of the so-called Sofia HQ<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Sofia Fall 2019 semester is now open<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The mentors in the next FI semester in Sofia have already been announced at the website of the pre-seed accelerator and the Sofia Fall 2019 semester is now open for applications. The 14-week program will include weekly sessions where entrepreneurs will receive individual expert training and feedback, and then a series of challenging business-building assignments, office hours, group meetings and more. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Final application deadline for the Sofia Fall 2019 semester is September 9, 2019. \u00a0See the schedule and application link at <\/span><a href=\"https:\/\/fi.co\/curriculum\/sofia\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">https:\/\/fi.co\/curriculum\/sofia<\/span><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"18809\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/pre-seed-accelerator-founder-institute-open-sofia-first-office-outside-us\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-18788 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">08.06.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-startup-centroida-joins-scalefocus\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"171\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus.jpg 586w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus-300x128.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus-260x111.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus-50x21.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus-150x64.jpg 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-based-startup-centroida-joins-scalefocus\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">08.06.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-startup-centroida-joins-scalefocus\/\">Sofia-based Startup Centroida Joins ScaleFocus<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-18783 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus-300x128.jpg\" alt=\"\" width=\"300\" height=\"128\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus-300x128.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus-260x111.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus-50x21.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus-150x64.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/06\/Centroida-ScaleFocus.jpg 586w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Sofia-based IT startup Centroida has merged into ScaleFocus &#8211; \u00a0one of the largest Bulgarian software companies focused on custom software solutions in the domains of Digital, Data and Cloud. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Centroida is a privately held start-up, founded in 2017. The company delivers solutions based on blockchain technologies, as well as smart contract development and auditing. It is also known for its work on computer vision based automation and NLP and has been named Tech Startup of the Year by Global Tech Summit for 2018. A large part of Centroida\u2019s team of 40 people will join ScaleFocus, while a small team will continue working on the development of a new product in the area of computer vision under the brand <\/span><a href=\"http:\/\/www.notyf.ai\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">notyf.ai<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.trendingtopics.at\/bulgaria\/notyf-ai-centroida-merger-service-business-with-it-company-scalefocus-startup\/\"><span style=\"font-weight: 400;\">TrendingTopics reported<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the merger, Centroida\u2019s team will further augment the solutions portfolio of ScaleFocus with its expertise in Blockchain, Artificial Intelligence, Machine Learning<\/span><span style=\"font-weight: 400;\">,<\/span><span style=\"font-weight: 400;\"> and Cloud. This is the second acquisition for the company for the last 6 months. In late 2018, ScaleFocus <\/span><a href=\"https:\/\/investsofia.com\/en\/sofia-based-scalefocus-acquires-upnetix\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">acquired the entire team <\/span><\/a><span style=\"font-weight: 400;\">of 120 professionals of the Bulgarian company Upnetix &#8211; one of the 50 worldwide certified Google development agencies. According to the <\/span><a href=\"https:\/\/www.scalefocus.com\/news\/centroidas-team-joins-scalefocus\/?fbclid=IwAR2DG2itCoWePQ3ONDAIFSYGxD9DRLMs3MbpLY3khmbNN9ZYsc5yVP2NWSQ\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">official statement of the company<\/span><\/a><span style=\"font-weight: 400;\">, Since Upnetix\u2019s successful integration, ScaleFocus has continued to pursue consolidation opportunities in the software sector in order to continually exceed the expectations of its customers when it comes to the application of the latest technologies and industry best practices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ScaleFocus is a Sofia-based company, founded in 2012. Currently, the company operates with stand-alone offices in London, Munich, Zurich, and Washington DC. ScaleFocus has three more offices in Bulgaria \u2013 in Plovdiv, Varna, and Burgas. The company services medium and large-scale enterprise customers across North America and Western Europe, with a full-time staff of 500+ people.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"18788\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-based-startup-centroida-joins-scalefocus\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-18298 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">07.05.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/financial-times-opens-office-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"300\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/2019-04-10-FT3-Geo-Kalev.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/2019-04-10-FT3-Geo-Kalev.jpg 400w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/2019-04-10-FT3-Geo-Kalev-300x225.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/2019-04-10-FT3-Geo-Kalev-195x146.jpg 195w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/2019-04-10-FT3-Geo-Kalev-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/2019-04-10-FT3-Geo-Kalev-100x75.jpg 100w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/2019-04-10-FT3-Geo-Kalev.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/financial-times-opens-office-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.05.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/financial-times-opens-office-sofia\/\">Financial Times Opens Office in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">The fact that Sofia has been chosen by one of the most prestigious business media in the world means great trust and opportunities<\/span><\/i><span style=\"font-weight: 400;\">, Yordanka Fandakova, mayor of Sofia, said at the opening.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The event was attended by Cait O&#8217;Riordan, chief product and information officer at FT, who told us more about how Sofia has been chosen: <\/span><i><span style=\"font-weight: 400;\">We were looking at various possible locations for this office &#8211; in Asia, Europe and the UK before we chose Bulgaria. The long reputation of Sofia as a technology center, along with the development of the data industries, artificial intelligence, the renaissance of Sofia as the capital of technology on the Balkans &#8211; all these factors make your city an irresistible destination for such an investment. Our teams in Sofia are the engine in the main areas<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">We continue to invest in Sofia: we plan to expand our business here by creating a new team that will work for FT\u2019s specialized editions. We hoped that the city would provide us with talented people who would help us transform FT. Reality exceeded our expectations. Your dedication and energy are extremely exciting and I cannot wait to see what else we can achieve together.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">FT has educational initiatives for high school students who are provided with free access to the publication. This is how we raise the next generation of FT employees and readers. In addition, we also find other ways to contribute to education by working with schools, clubs, universities, organizing events with students<\/span><\/i><span style=\"font-weight: 400;\">, Cait O&#8217;Riordan added.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to FDi Intelligence, Sofia is among the most attractive locations for international investment in the next 2 years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sofia ranks 28<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> out of a total of 283 European regions included in the index for jobs involving intellectual activity. In 2018, Sofia was ranked 18<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> out of 400 world regions with excellent command of English, which also is important for attracting international companies to the capital, according to Sofia Municipality, as stated in the coverage of the event.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"18298\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/financial-times-opens-office-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-18282 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">07.05.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/switzerland-based-also-holding-acquires-leading-distributor-solytron-bulgaria\/\"><div class=\"mask\"><\/div><img width=\"357\" height=\"141\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding.png 357w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-300x118.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-260x103.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-50x20.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-150x59.png 150w\" sizes=\"(max-width: 357px) 100vw, 357px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/switzerland-based-also-holding-acquires-leading-distributor-solytron-bulgaria\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.05.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/switzerland-based-also-holding-acquires-leading-distributor-solytron-bulgaria\/\">Switzerland-based Also Holding acquires leading IT distributor Solytron Bulgaria<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-18278 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-300x118.png\" alt=\"\" width=\"320\" height=\"126\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-300x118.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-260x103.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-50x20.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding-150x59.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Also-Holding.png 357w\" sizes=\"(max-width: 320px) 100vw, 320px\" \/>Switzerland-based provider of ICT solutions and services provider Also Holding announced the acquisition of Solytron Bulgaria. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Founded in Sofia in 1991, Solytron Bulgaria, with sales of \u20ac110 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 &#8211; network and communication equipment, monitors and multimedia, computer systems and components, peripheral devices, power supply solutions, physical protection systems, accessories and multimedia, software. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the official statement, Solyton has steadily grown for the past six years and its market share of over 30% is a good starting position for Also from which to continue to benefit from Bulgaria&#8217;s economic development. The investment is in line with the aim of Also to expand operations in the region. On completion of the acquisition, the company will be represented in nearly all East European markets except Russia. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALSO Holding AG (ALSN.SW) (Emmen\/Switzerland) offers more than 550 vendors of hardware, software<\/span><b>,<\/b><span style=\"font-weight: 400;\"> and IT-services access to over 100 000 buyers, who can call a broad spectrum of other customized services in the logistics, finance, and IT services sectors, as well as traditional distribution services. The company provides development of complex IT landscapes, provision and maintenance of hardware and software, as well as return, reconditioning and remarketing of IT hardware. ALSO is represented in 18 European countries. It has generated total net sales of approximately 9.2 billion euros with around 4 000 employees in the fiscal year 2018.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Direct link to the <a href=\"https:\/\/files.also.com\/\/holding\/mediarelease\/20190415en.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">media release<\/a>.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"18282\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/switzerland-based-also-holding-acquires-leading-distributor-solytron-bulgaria\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-18220 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">07.05.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/uk-based-creative-assembly-sega-open-new-state-art-office-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"215\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia-960x516.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia-1024x395.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/uk-based-creative-assembly-sega-open-new-state-art-office-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.05.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/uk-based-creative-assembly-sega-open-new-state-art-office-sofia\/\">UK-based Creative Assembly and SEGA Open New State-of-the-art Office in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-18213 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia-300x116.png\" alt=\"\" width=\"388\" height=\"150\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia-300x116.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia-768x296.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia-1024x395.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia-600x231.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia-260x100.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia-50x19.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia-150x58.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/Sega-Creative-Assembly-office-Sofia.png 1338w\" sizes=\"(max-width: 388px) 100vw, 388px\" \/>UK-based game developer Creative Assembly announced the opening of its joint state-of-the-art office in Sofia with SEGA Games. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new studio follows the acquisition of Creative Assembly Sofia in 2017 and the future transition of SEGA Europe\u2019s QA services to Sofia. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new place has 4 conference halls and 3 audio rooms equipped <\/span>world-class <span style=\"font-weight: 400;\">and can house more than 150 people. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Two years ago, SEGA expanded the prominent UK developer with the acquisition of the Bulgarian Crytek Black Sea, later renamed Creative Assembly Sofia. Until June 2020, the Japanese game publisher is expected <\/span><a href=\"https:\/\/investsofia.com\/en\/the-japanese-game-dev-company-sega-shifts-qa-team-from-london-to-sofia\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">to relocate its quality assurance team from London to Sofia<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For more information, please see the <\/span><a href=\"https:\/\/www.creative-assembly.com\/blog\/creative-assembly-and-sega-open-new-state-art-studio-bulgaria\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">official announcement<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"18220\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/uk-based-creative-assembly-sega-open-new-state-art-office-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-18185 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">07.05.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/vmware-invest-e23m-grow-site-sofia-1500-people\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo.png 720w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-600x600.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-80x80.png 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/vmware-invest-e23m-grow-site-sofia-1500-people\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.05.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/vmware-invest-e23m-grow-site-sofia-1500-people\/\">VMware to invest \u20ac23M and Grow the Site in Sofia to over 1500 People<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-18179 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-300x300.png\" alt=\"\" width=\"212\" height=\"212\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-600x600.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo-80x80.png 80w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/05\/vmware-bulgaria-logo.png 720w\" sizes=\"(max-width: 212px) 100vw, 212px\" \/>VMware plans to invest \u20ac23M and grow the local site in Sofia to over 1500 people, the Ministry of Economy reported. <\/span><span style=\"font-weight: 400;\">The focus of the new investment is in research and development of software products.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Established in 2007, VMware started in Sofia due to the large talent pool of software developers, quality engineers, technical writers<\/span><b>,<\/b> <span style=\"font-weight: 400;\">and product managers. It is the largest Research &amp; Development site for the company in EMEA delivering cloud management and automation products. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company is the biggest investor in the IT sector in the region, with more than \u20ac178M invested in the Bulgarian market.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"18185\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/vmware-invest-e23m-grow-site-sofia-1500-people\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-18000 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">23.04.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-genoveva-hristova-murray-co-founder-missia23-first-createch-space-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"267\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01-300x200.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01-219x146.png 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01-50x33.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01-113x75.png 113w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-genoveva-hristova-murray-co-founder-missia23-first-createch-space-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">23.04.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-genoveva-hristova-murray-co-founder-missia23-first-createch-space-sofia\/\">\u201cWhy Sofia\u201d with Genoveva Hristova-Murray, co-founder of MISSIA23 &#8211; the first createch space in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-17905 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01-300x200.png\" alt=\"\" width=\"363\" height=\"242\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01-300x200.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01-219x146.png 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01-50x33.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Genoveva-photo-01-113x75.png 113w\" sizes=\"(max-width: 363px) 100vw, 363px\" \/><\/span><span style=\"font-weight: 400;\">MISSIA23, <\/span><span style=\"font-weight: 400;\">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. <a href=\"https:\/\/missia23.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">MISSIA23<\/a> is a multifunctional space, a common area for creativity and technology aiming to develop the full potential of talent and companies in the creative sector in the capital, to help their ideas and business growth, both here and in foreign markets.<\/span>\n<p><span style=\"font-weight: 400;\">The hub starts operations with the offices of 6 companies, a co-working space for 15 people, 3 rooms for events with a total capacity of up to 200 seats, a conceptual shop for application materials and handmade products, an incubator, a talent academy, a lab space for testing and prototyping, recording and video studios.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">MISSIA23 will be the local contact point and the venue for initiatives with international partners to develop the creative sector in Sofia and to help it acquire know-how, implement ideas and internationalize the business. The focus will be on design, interior, visual arts, advertising, animation, music and cinema.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>The first companies of MISSIA23<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Partners in future initiatives and with their offices in MISSIA23 are <\/span><span style=\"font-weight: 400;\"><a href=\"https:\/\/tuk-tam.bg\/\" target=\"_blank\" rel=\"noopener noreferrer\">Here and there<\/a>,<\/span><span style=\"font-weight: 400;\"> an organization supporting Bulgarians with experience and education abroad and working for their return to Bulgaria, <\/span><a href=\"http:\/\/en.designthinking.bg\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">LaunchLabs<\/span><\/a><span style=\"font-weight: 400;\">, the <\/span><a href=\"http:\/\/bulgaria.reachforchange.org\/bg\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Reach for Change<\/span><\/a><span style=\"font-weight: 400;\"> Foundation in Bulgaria, <a href=\"https:\/\/sitemedia.bg\/news\/BBBA-economic-growth\" target=\"_blank\" rel=\"noopener noreferrer\">Bulgarian-British Business Association<\/a> (BBBA) and last but not least, the Bulgarian team of <\/span><a href=\"https:\/\/www.idea-academy.eu\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Idea Academy<\/span><\/a><span style=\"font-weight: 400;\"> of one of the most successful Bulgarians &#8211; Anthony Hristov, art director of PIXAR for productions such as Wall-E, Finding Nemo and The Incredibles 2, which aims to create an animation academy in Bulgaria and to attract people who worked for Star Wars and other emblematic film productions as lecturers. Anthony Hristov has developed such an academy in Rome, and now Sofia will also enjoy one. <\/span><\/p>\n<p><b>International partners of the initiative<\/b><\/p>\n<p><span style=\"font-weight: 400;\">MISSIA23\u2019s main partners and contributors are <\/span><a href=\"https:\/\/www.thelanding.org.uk\/about\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The Landing<\/span><\/a><span style=\"font-weight: 400;\">, a co-working space at MediaCity UK in Manchester; <\/span><a href=\"https:\/\/www.linkedin.com\/company\/bulgaria-innovation-hub-inc\/?viewAsMember=true\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Bulgarian Innovation Hub<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; the innovative hub created by <a href=\"https:\/\/www.capital.bg\/biznes\/predpriemach\/2019\/01\/11\/3372887_lipsvashtoto_zveno_v_startup_verigata\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bulgarians in the Silicon Valley<\/a>, with the idea to create a bridge between the Bulgarian business and people who want to invest in Bulgaria; <\/span><a href=\"http:\/\/www.gita.gov.ge\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">GITA Center<\/span><\/a><span style=\"font-weight: 400;\"> &#8211; Georgian Agency for Innovation and Technology, part of Georgia\u2019s Ministry of Economy; as well as the <\/span><a href=\"https:\/\/viennabusinessagency.at\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Vienna Business Agency<\/span><\/a><span style=\"font-weight: 400;\">, which actively supports the development of the creative sector, both through programs for the <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"18000\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-genoveva-hristova-murray-co-founder-missia23-first-createch-space-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-17287 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">08.04.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/equinix-open-second-sofia-based-data-center\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"163\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01.png 540w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01-300x122.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01-260x106.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01-50x20.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01-150x61.png 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/equinix-open-second-sofia-based-data-center\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">08.04.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/equinix-open-second-sofia-based-data-center\/\">Equinix to Open its Second Sofia-based Data Center<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-17288 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01-300x122.png\" alt=\"\" width=\"300\" height=\"122\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01-300x122.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01-260x106.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01-50x20.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01-150x61.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/04\/Equinix-Sofia-01.png 540w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>The American company <\/span><a href=\"https:\/\/www.equinix.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Equinix<\/span><\/a><span style=\"font-weight: 400;\"> invests <\/span><span style=\"font-weight: 400;\">$<\/span><span style=\"font-weight: 400;\">19 million to open its second data centre in Sofia at the beginning of April. The project SO2 was announced during the autumn of 2018 and will be located in Druzhba district near the Sofia Airport and only a kilometre away from the first data centre of Equinix &#8211; SO1.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The international company offers cloud and network services and links 200 data centres globally. Only three years after its entry in Bulgaria, <\/span><span style=\"font-weight: 400;\">Equinix<\/span><span style=\"font-weight: 400;\"> works for more than 100 local clients such as software companies, media and financial companies, hosting providers, etc. The ambition of the local team is to continue supporting Bulgarian companies in the process of digital transformation of their business,<\/span><span style=\"font-weight: 400;\"> their shift to cloud technologies and global connectedness with customers and markets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The land of the new SO2 is a property of the company and therefore, if there is an increase in the market demand, <\/span><span style=\"font-weight: 400;\">Equinix<\/span><span style=\"font-weight: 400;\"> would be able to expand in the same location. <\/span><span style=\"font-weight: 400;\">SO2 will initially offer 350 equipment cabinets and plans to increase them to more than 1 100 in the next stages of development.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"17287\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/equinix-open-second-sofia-based-data-center\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-16435 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">07.03.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-swedish-bulgarian-atem-entertainment\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-960x750.jpeg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-960x750.jpeg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-50x38.jpeg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-1280x1000.jpeg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-1024x768.jpeg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-swedish-bulgarian-atem-entertainment\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.03.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-swedish-bulgarian-atem-entertainment\/\">&#8220;Why Sofia?&#8221; with Swedish-Bulgarian ATEM Entertainment<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-medium wp-image-16422 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-300x225.jpeg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-300x225.jpeg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-768x576.jpeg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-1024x768.jpeg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-600x450.jpeg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-195x146.jpeg 195w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-50x38.jpeg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/IMG_5064-100x75.jpeg 100w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Atem Entertainment was founded in 2003 in Sweden. Established by Maria Avramova and Christer H\u00e4gglund, the company works with film, animation and illustration, it designs and produces award winning music videos and short films, as well as games and books. The team also collaborates with other artists to bring their vision to life. <\/span>\n<p><span style=\"font-weight: 400;\">Maria has over 14 years of experience in animation, film and advertising. She is a writer, director and creative producer at ATEM. Co-founder Christer has taken upon many roles over the years such as illustrator, 3D, 2D and stop-motion animator, editor and storyboard artist. At ATEM he is <\/span><span style=\"font-weight: 400;\">a game developer and producer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A\u00a0year ago <\/span><a href=\"http:\/\/www.atementertainment.com\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">ATEM Entertainment<\/span><\/a><span style=\"font-weight: 400;\"> moved operations in Sofia. Co-founders Maria and H\u00e4gglund tell us what makes Sofia a place to further develop a successful business in the creative sector.<\/span><\/p>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside?<\/b><\/p>\n<p><span style=\"font-weight: 400;\"><em>Maria<\/em>: We founded Atem in Sweden almost 15 years ago when we started to produce animation for commercials, feature films and music videos. Today, besides consulting on other projects, we create and produce our own Intellectual Properties such as films, games, books and more. We are specialized in animated films and board games. <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><em>Christer<\/em>: Atem Entertainment is an IP creating company. Space Yoghurt is our latest creation and the tv-series is partly produced in Bulgaria. We operate in Sweden, Italy, USA and Germany at the moment.<\/span><\/p>\n<p><b>What motivated you to invest in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\"><em>Maria<\/em>: Being a Bulgarian myself was of course a door-opener in this region. Although I moved to Sweden 24 years ago I knew that there\u2019s a lot of talent here. We found the right partners and produced the First Season of the show while I was directing from Stockholm. We clicked and that\u2019s why we decided to take the next step and work on the spot for the Second Season. People here strive for quality and are very motivated. They take their job seriously. <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><em>Christer<\/em>: Eastern Europe will go through a Golden Age soon and the road there will be very interesting. Having tried out a previous project with companies in Sofia we decided to continue with the larger project Season 2 of the tv-series.<\/span><\/p>\n<p><b>Are there other local and foreign companies here doing business in your sector?<\/b><\/p>\n<p><span style=\"font-weight: 400;\"><em>Maria<\/em>: Yes, many. Our friends at Zographic films are working <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"16435\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-swedish-bulgarian-atem-entertainment\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-16368 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.03.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-eurotrust-technology-first-company-successfully-apply-city-city-program-sofia-vienna\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"273\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01-960x655.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01-1024x528.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-based-eurotrust-technology-first-company-successfully-apply-city-city-program-sofia-vienna\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.03.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-eurotrust-technology-first-company-successfully-apply-city-city-program-sofia-vienna\/\">Sofia-based Evrotrust Technology is the First Company to Successfully Apply for the City-to-City Program between Sofia and Vienna<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-16291 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01.png\" alt=\"\" width=\"431\" height=\"222\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01.png 1271w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01-300x155.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01-768x396.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01-1024x528.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01-600x309.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01-260x134.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01-50x26.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/Evrotrust-01-146x75.png 146w\" sizes=\"(max-width: 431px) 100vw, 431px\" \/>The Sofia-based company <\/span><a href=\"https:\/\/www.evrotrust.com\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Evrotrust Technologies<\/span><\/a><span style=\"font-weight: 400;\"> is the first Bulgarian company to take advantage of the business cooperation <\/span><a href=\"https:\/\/investsofia.com\/en\/cooperations-with-other-cities\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">City-to-City Agreement<\/span><\/a><span style=\"font-weight: 400;\"> between Vienna and Sofia and will kick off its operations in the Austrian capital.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The agreement was signed on 22 October 2018 by the executive directors of the business agencies of the two cities &#8211; Mr. Gerhard Hirtsi, managing director of Vienna Business Agency and Mr. Vladimir Danailov, executive director of Sofia Investment Agency, following the official meeting in Vienna between Mrs. Yordanka Fandakova, mayor of Sofia, and Mr. Michael Ludwig, mayor of Vienna. Under the agreed cooperation, Vienna and Sofia collaborate in providing mutual support for companies willing to start business in the partner capital.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The first company to benefit successfully from this opportunity is the Bulgarian company Evrotrust Technology, which will also provide the Austrian market with its innovative and unique solution &#8211; a mobile application for remote electronic identification and remote signing of documents with a qualified e-signature.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a result of the meetings with Austrian organizations and companies held by the Bulgarian delegation during the \u201c<\/span><a href=\"https:\/\/investsofia.com\/en\/sofia-and-vienna-enter-agreement-to-support-fintech-and-biotechnology-start-ups\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">25 hours in Vienna<\/span><\/a><span style=\"font-weight: 400;\">\u201d event in October last year, Evrotrust was selected and invited by the largest multi-corporation accelerator in Europe &#8211; weExelerate in Vienna, to participate in the 4-month program for innovative startups. In the course of the program, Evrotrust will have the opportunity to have direct contact with corporate clients, which it can start a joint project with.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Sofia-based companies in all sectors interested in internationalization opportunities aiming at business expansion, may make inquiries to the Investment Analysis Department at Sofia Investment Agency at the contacts specified <\/span><\/i><a href=\"https:\/\/investsofia.com\/en\/our-team\/\" target=\"_blank\" rel=\"noopener noreferrer\"><i><span style=\"font-weight: 400;\">here<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"16368\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-based-eurotrust-technology-first-company-successfully-apply-city-city-program-sofia-vienna\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-16247 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">03.03.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/world-bank-chose-sofia-second-world-center-shared-services\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"227\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo.jpg 750w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-300x170.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-600x340.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-258x146.jpg 258w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-132x75.jpg 132w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/world-bank-chose-sofia-second-world-center-shared-services\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">03.03.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/world-bank-chose-sofia-second-world-center-shared-services\/\">The World Bank Chose Sofia for its Second World Center for Shared Services<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-16242 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo.jpg\" alt=\"\" width=\"319\" height=\"181\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo.jpg 750w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-300x170.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-600x340.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-258x146.jpg 258w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/03\/worldbank-logo-132x75.jpg 132w\" sizes=\"(max-width: 319px) 100vw, 319px\" \/>The World Bank chose Sofia as its second global outsourcing centre. In the due diligence, Bulgaria competed with two other countries in the region &#8211; Serbia and Croatia. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Investment Analysis Department of the Sofia Investment Agency was actively involved in the process. The business environment in Sofia and Bulgaria was discussed with representatives of the World Bank. Economic data about the country and Sofia, information on the human capital, the working conditions and life in the capital were presented. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The conditions in the three countries were assessed by cost of living, job opportunities in different time zones, availability of specialists and good IT infrastructure, etc. We are glad to report that Sofia won the World Bank&#8217;s investment because of the high level of the Bulgarian IT market, access to talented professionals, as well as the thriving business environment. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Sofia office of the World Bank will be located in Sofia Tech Park and there will be hired around 200 specialists who will work on the technology services and the business processes for the Bank&#8217;s internal corporate and IT operations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The centre in Bulgaria will be the second in the world after the one in Chennai, India, which employs about 2,000 people in accounting, human resources, and more. While analysing where to deploy its second centre, the World Bank was guided by the ability to continue the working day after the one in India ends. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additional info about the new centre can be found in <a href=\"https:\/\/www.bloombergtv.bg\/biznes-start\/2019-01-30\/noviyat-tsentar-za-uslugi-na-svetovnata-banka-shte-bade-v-sofiya-teh-park\" target=\"_blank\" rel=\"noopener noreferrer\">the interview<\/a> by Bloomberg TV Bulgaria with Iliya Krastev, Member of the Management Board of the Bulgarian Outsourcing Association.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"16247\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/world-bank-chose-sofia-second-world-center-shared-services\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-15880 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">04.02.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-the-austrian-innovation-magazine-trending-topics\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-1024x768.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-the-austrian-innovation-magazine-trending-topics\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">04.02.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-the-austrian-innovation-magazine-trending-topics\/\">&#8220;Why Sofia?&#8221; with the Austrian Innovation Magazine Trending Topics<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"wp-image-15667 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek.jpg\" alt=\"\" width=\"380\" height=\"285\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek.jpg 2048w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-300x225.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-768x576.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-1024x768.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-600x450.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-195x146.jpg 195w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-50x37.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/trendingteam_Raffael-Stiborek-100x75.jpg 100w\" sizes=\"(max-width: 380px) 100vw, 380px\" \/>New year, new launch. In early January, the Austrian <\/span><i><span style=\"font-weight: 400;\">Trending Topics<\/span><\/i><span style=\"font-weight: 400;\">, the first journopreneurial platform in CEE, officially launched operations in Sofia as the first step of its strategy to expand in <\/span><span style=\"font-weight: 400;\">Eastern Europe<\/span><span style=\"font-weight: 400;\">. The local team aims at building a new generation community-based media for the new economy in Bulgaria.<\/span>\n<p>&nbsp;<\/p>\n<p><b>Trending Topics Story:<\/b><\/p>\n<p><i><span style=\"font-weight: 400;\">Trending Topics<\/span><\/i><span style=\"font-weight: 400;\"> started in 2016 as an Austrian tech &amp; startup blog. Today it is a separate venture led by <\/span><i><span style=\"font-weight: 400;\">Jakob Steinschaden<\/span><\/i><span style=\"font-weight: 400;\"> and <\/span><i><span style=\"font-weight: 400;\">Bastian Kellhofer<\/span><\/i><span style=\"font-weight: 400;\"> and a digital platform for news and analysis from the startup and digital ecosystem with a continuously growing audience. <\/span><i><span style=\"font-weight: 400;\">Trending Topics<\/span><\/i><span style=\"font-weight: 400;\"> has around 120K unique monthly readers mostly from Austria and Germany, and recently from Bulgaria. The new-generation digital media also works on different communication products and strategies with well-known brands like <\/span><i><span style=\"font-weight: 400;\">Erste Group<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">Raiffeisen<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">Kapsch<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">T-Mobile<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">Verbund<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">WKO <\/span><\/i><span style=\"font-weight: 400;\">(<\/span><span style=\"font-weight: 400;\">The Austrian Chambers of Commerce)<\/span><span style=\"font-weight: 400;\">, among others.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The media company has managed to attract \u20ac170K by some of the most credible and prominent VCs in Austria: <\/span><i><span style=\"font-weight: 400;\">Speedinvest<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">startup300<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">Russmedia<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">Puls4 <\/span><\/i><span style=\"font-weight: 400;\">and Business Angels Hansi Hansmann, Michael Altrichter and Martin Giesswein. Having established and proven the model in Austria, Steinschaden and Kellhofer made the strategic decision to expand into a new region. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Eastern Europe as a rising tech ecosystem lacking media coverage was a logical choice. The expansion was supported by the Vienna Business Agency. <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>In Sofia:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The local team wants to fill the innovation journalism gap on the Bulgarian and Eastern European market. On one hand, <\/span><i><span style=\"font-weight: 400;\">Trending Topics<\/span><\/i><span style=\"font-weight: 400;\"> aims to provide high-quality coverage of the startup, tech and innovation processes in the respective market. On the other, it aims at scouting and training a new generation of tech and business journalists who think and report within an innovation paradigm. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">journopreneurial <\/span><span style=\"font-weight: 400;\">platform hopes to find the support and partners to launch a journalism academy by the end of 2019. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The local team is led by two Bulgarian ladies with professional background in Vienna &#8211; Irina Obushtarova and Alexandra Kozbunarova. <\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Irina Obushtarova<\/span><\/i><span style=\"font-weight: 400;\">, who has been a supporter in the founding process of <\/span><i><span style=\"font-weight: 400;\">Trending Topics<\/span><\/i><span style=\"font-weight: 400;\"> in Austria, will lead the operations in Sofia. Obushtarova has spent the past 11 years in Vienna where she started her career as Head of Sales at the Viennese magazine <\/span><i><span style=\"font-weight: 400;\">Biber<\/span><\/i><span style=\"font-weight: 400;\">. She later worked for Kobza Media Group and later switched to the <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"15880\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-the-austrian-innovation-magazine-trending-topics\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-15764 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">31.01.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/american-atscale-opens-the-companys-first-destination-outside-the-usa\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/0N8-ZbEN_400x400.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/0N8-ZbEN_400x400.jpg 400w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/0N8-ZbEN_400x400-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/0N8-ZbEN_400x400-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/0N8-ZbEN_400x400-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/0N8-ZbEN_400x400-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/0N8-ZbEN_400x400-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/0N8-ZbEN_400x400-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/0N8-ZbEN_400x400-80x80.jpg 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/0N8-ZbEN_400x400.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/american-atscale-opens-the-companys-first-destination-outside-the-usa\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">31.01.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/american-atscale-opens-the-companys-first-destination-outside-the-usa\/\">American AtScale Opens the Company&#8217;s First Destination Outside the USA<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"wp-image-15734 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/Atscale-Sofia.png\" alt=\"\" width=\"425\" height=\"222\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/Atscale-Sofia.png 1049w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/Atscale-Sofia-300x157.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/Atscale-Sofia-768x401.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/Atscale-Sofia-1024x535.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/Atscale-Sofia-600x313.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/Atscale-Sofia-260x136.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/Atscale-Sofia-50x26.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/Atscale-Sofia-144x75.png 144w\" sizes=\"(max-width: 425px) 100vw, 425px\" \/>The <\/span><span style=\"font-weight: 400;\">US IT company <a href=\"http:\/\/www.atscale.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">AtScale<\/a>, focused on big data management, has formed its own team in Sofia &#8211; the first for the company outside the USA.<\/span>\n<p><span style=\"font-weight: 400;\">\u0410t\u0405\u0441\u0430l\u0435 is based in California and its clients include organizations <\/span><span style=\"font-weight: 400;\">like <\/span><span style=\"font-weight: 400;\">JPMorgan Chase, Toyota, Visa, Groupon, GlaxoSmithKline, CNN, Bloomberg. The company was established in 2013 by experts from Yahoo!, Google, Netezza, IBM, Microsoft, Salesforce, Cisco and Oracle.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The team was formed in a move to develop a successful solution to help companies convert big datasets into business intelligence and intelligent analytics tool. Thus, the company develops a flexible platform that combines access to data from different locations where they are stored, as well as offers visualization and management of datasets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sofia was chosen to be the first location in Europe also because of the Bulgarian connection in the company &#8211; Momchil Mihaylov, vice president and general manager for Europe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">AtScale is already recruiting a team of programmers. The available positions can be seen <\/span><a href=\"https:\/\/www.atscale.com\/careers\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In mid-January, the company announced it has successfully <a href=\"https:\/\/techcrunch.com\/2018\/12\/12\/atscale-lands-50-million-investment-led-by-morgan-stanley\/?guccounter=1\" target=\"_blank\" rel=\"noopener noreferrer\">completed<\/a> the latest round of its funding talks in the amount of USD 50 million led by Morgan Stanley. New investments will help AtScale to enhance its global leadership in the Data Warehouse Virtualization market and to expand its business in Europe and Asia.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"15764\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/american-atscale-opens-the-companys-first-destination-outside-the-usa\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-15486 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">22.01.2019<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/vienna-based-startup-consultant-i5invest-launches-operations-in-sofia\/\"><div class=\"mask\"><\/div><img width=\"300\" height=\"200\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/logo-i5-invest-launches-in-Sofia-1.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/logo-i5-invest-launches-in-Sofia-1.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/logo-i5-invest-launches-in-Sofia-1-219x146.png 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/logo-i5-invest-launches-in-Sofia-1-50x33.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/logo-i5-invest-launches-in-Sofia-1-113x75.png 113w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/logo-i5-invest-launches-in-Sofia-1.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/vienna-based-startup-consultant-i5invest-launches-operations-in-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">22.01.2019<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/vienna-based-startup-consultant-i5invest-launches-operations-in-sofia\/\">Vienna-based Startup Consultant i5invest Launches Operations in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\"size-full wp-image-15480 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/10394066_10152614431191820_5687794818850470395_n.png\" alt=\"\" width=\"851\" height=\"315\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/10394066_10152614431191820_5687794818850470395_n.png 851w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/10394066_10152614431191820_5687794818850470395_n-300x111.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/10394066_10152614431191820_5687794818850470395_n-768x284.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/10394066_10152614431191820_5687794818850470395_n-600x222.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/10394066_10152614431191820_5687794818850470395_n-260x96.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/10394066_10152614431191820_5687794818850470395_n-50x19.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2019\/01\/10394066_10152614431191820_5687794818850470395_n-150x56.png 150w\" sizes=\"(max-width: 851px) 100vw, 851px\" \/><br \/>\n<span style=\"font-weight: 400;\">i5invest, an Austrian-based Corporate Development and M&amp;A advisory, is expanding to Bulgaria, now reaching 5 locations across Europe and the US. Following 4 years of rapid development and multiple successful cross-border investments and exits, establishing presence in Bulgaria is a strategic step for solidifying exposure to IT and Tech companies from the region.<\/span>\n<p><em>\u201cBulgaria is a market we have been watching already for some years and we decided to put a foot on the ground with a local presence, join the emerging local ecosystem and support tech companies in the growth phase\u201d<\/em>, Herwig Springer, CEO of i5invest<\/p>\n<p><em>\u201cBulgaria has excellent IT specialists and a vibrant tech cluster. Both tech transactions and foreign investments in R&amp;D point towards intense Tech activity and we at i5invest are very happy to work more with the region\u201d<\/em>, Georgi Natchev, Bulgaria lead i5invest<\/p>\n<p><strong>The Bulgarian office<\/strong><\/p>\n<p>i5invest\u00a0launches in Bulgaria in cooperation with Simbula, a leading corporate finance consultancy. <a href=\"https:\/\/www.simbula.eu\/\" target=\"_blank\" rel=\"noopener noreferrer\">Simbula<\/a> is the perfect partner for i5invest thanks to the well-established practice, extensive corporate finance experience, exposure to digital businesses and its global mindset.\u00a0The role of Simbula\u00a0is to make\u00a0possible a\u00a0smooth\u00a0and efficient\u00a0integration within the local ecosystem, leverage expertise and help IT and Tech\u00a0companies go global.<\/p>\n<p><strong>Why Sofia, Bulgaria<\/strong><\/p>\n<p>According to the official news release, the recent years Bulgaria has been marked by great leaps in Startups, IT, and Tech in line with increasing foreign investments and expenditure. Many big-name global players are showing increasing interest in setting up sizeable IT R&amp;D and Development centers. Further, multiple business accelerators, investment bodies, and coworking spaces have emerged, while the local community is growing thanks to increasing number of conferences, events, and educational initiatives. <span style=\"font-weight: 400;\">The Bulgarian and regional IT and Tech ecosystem is experiencing great leaps and growing quickly. Many companies need or will need additional capital and strategic international partnerships to accelerate growth or expand in Europe and the US. <\/span><\/p>\n<p><strong>About i5invest<\/strong><\/p>\n<p><a href=\"https:\/\/i5invest.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">i5invest<\/a>\u00a0<span style=\"font-weight: 400;\">is a group of serial entrepreneurs, business angels and corporate development experts in the tech space in Europe and the US committed to long-term partnerships with vast experience in scaling and exiting international tech companies. The company helps IT and Tech companies in the scale-up phase to find the right investors and strategic partners globally. With offices in Silicon Valley, Austria, Netherlands, Switzerland and now Bulgaria, i5invest features an excellent network spanning from Europe to the USA <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"15486\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/vienna-based-startup-consultant-i5invest-launches-operations-in-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-15034 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">07.12.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-playground-energy-develops-new-technology-for-smart-urban-environment\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"225\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-2-960x540.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-2.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-2-300x169.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-2-768x432.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-2-600x338.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-2-260x146.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-2-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-2-133x75.jpg 133w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-2.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-based-playground-energy-develops-new-technology-for-smart-urban-environment\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.12.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-playground-energy-develops-new-technology-for-smart-urban-environment\/\">Sofia-based \u2018Playground Energy\u2019 Develops New Technology for Smart Urban Environment<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><b>The innovation allows real-time data transfer from playground facilities and outdoor gyms <\/b><\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-14994 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-3.jpg\" alt=\"\" width=\"324\" height=\"243\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-3.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-3-300x225.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-3-768x576.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-3-600x450.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-3-195x146.jpg 195w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-3-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/PlaygroundEnergy-Innovation-data-tranfer-3-100x75.jpg 100w\" sizes=\"(max-width: 324px) 100vw, 324px\" \/>The <\/span><span style=\"font-weight: 400;\">Sofia-based <\/span><a href=\"http:\/\/www.playgroundenergy.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Playground Energy<\/span><\/a><span style=\"font-weight: 400;\"> is working on a new technology that will send data on child activity on playgrounds to a server that visualizes the data directly on the location in <\/span><span style=\"font-weight: 400;\">Google Maps<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The innovation is another motive for children to play more in the open because it introduces a competitive element. For urban institutions, the new technology is another step towards building a smart urban environment. The up-to-date and completely objective information from the facilities <\/span><span style=\"font-weight: 400;\">will be <\/span><span style=\"font-weight: 400;\">accessible at any time <\/span><span style=\"font-weight: 400;\">and <\/span><span style=\"font-weight: 400;\">will facilitate urban planning and decisions on where more playgrounds or site maintenance are needed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new technology allows information to be sent through a built-in <\/span><span style=\"font-weight: 400;\">GSM device<\/span><span style=\"font-weight: 400;\"> that requires neither batteries nor external power supply, but only the physical activity of children that playground facilities transform from kinetic energy into electrical. The innovation passed the initial tests and is to be developed in a real environment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Playground Energy was founded in 2012 as it patented the implementation of its first innovation for Europe and the United States &#8211; a kinetic generator built in playground facilities, park equipment and outdoor fitness facilities that the company produces entirely in Bulgaria. The generator is present as an invisible addition to the design of the seat, step, or other part of the facility and transforms the physical energy into electrical <\/span><span style=\"font-weight: 400;\">energy<\/span><span style=\"font-weight: 400;\">. In turn, it can activate other installations on the playground, including light, sound, fountain<\/span><span style=\"font-weight: 400;\">s<\/span><span style=\"font-weight: 400;\">, etc. For example, while a child is swinging, the swing can light up, trigger a fountain, or turn on a loudspeaker that plays a favorite song through a cell phone via a Bluetooth connection.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Six years after its establishment, the team introduced its second innovation \u2013 the use of the energy from the kinetic generator to transfer data. The innovation has been developed by an engineer from Bulgaria and does not require a mobile phone or download of a specific application and no personal data is collected. Data access is possible without registration from any device to a direct web address where data is visualized on the playground\u2019s location in Google maps as a number of \u201cLumi points\u201d (named after the flagship product of the company &#8211; the Lumi Plus spring toy).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Lumi points aim to <\/span><b>stimulate collective play or use of the competitive element as an <\/b><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"15034\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-based-playground-energy-develops-new-technology-for-smart-urban-environment\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-15032 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">07.12.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/the-sofia-based-micar-innovation-is-one-of-250-companies-listed-in-roots-analysis-study-on-computer-aided-drug-discovery-services-market-2018-2030\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21.jpg 523w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-80x80.jpg 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/the-sofia-based-micar-innovation-is-one-of-250-companies-listed-in-roots-analysis-study-on-computer-aided-drug-discovery-services-market-2018-2030\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.12.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/the-sofia-based-micar-innovation-is-one-of-250-companies-listed-in-roots-analysis-study-on-computer-aided-drug-discovery-services-market-2018-2030\/\">The Sofia-based Micar Innovation is One of 250 Companies Listed in Roots Analysis Study on &#8220;Computer-Aided Drug Discovery Services Market 2018-2030&#8221;<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-14861 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21.jpg\" alt=\"\" width=\"312\" height=\"312\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21.jpg 523w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Micar21-80x80.jpg 80w\" sizes=\"(max-width: 312px) 100vw, 312px\" \/><a href=\"http:\/\/micar21.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Micar Innovation<\/a> is a &#8220;factory&#8221; for discovering new drug molecules. The company has found a niche to create big public impact by improving the quality of people&#8217;s lives through new blockbuster drug molecules for a large range of medical issues. Micar Innovation is focused on non-clinical Proof-of-Concepts (PoCs) in preclinical R&amp;D field and Hit-to-Lead (H2L) achievements in fields such as neurology, oncology, the cardio-vascular system, dermatology, rare diseases, etc. Micar21 is the main platform for new small molecule drug candidates. The business model is based on patenting the newly discovered molecules, where licenses are then licensed to commercial partners (big pharma companies). The other model is setting up new spin-out companies to further develop the new drug molecule until the clinical PoC and the follow-up sale\/licensing of the patent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Micar Innovation received the CIDIC\/European Diplomatic, Economic &amp; Academic Centre\/ award for its well-chosen positioning in a complex and long value chain, where it can create key-value contributions by delivering no-clinical PoCs. The company can be described as a fountain of intellectual property and an IP broker for new pharma<img loading=\"lazy\" class=\" wp-image-14857 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/awards.jpg\" alt=\"\" width=\"271\" height=\"203\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/awards.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/awards-300x225.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/awards-768x576.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/awards-600x450.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/awards-195x146.jpg 195w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/awards-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/awards-100x75.jpg 100w\" sizes=\"(max-width: 271px) 100vw, 271px\" \/> startups and the big pharma industry.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Micar Innovation is winner of the Best Biotech Startup 2017 award by the 4<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> CEE Startup Awards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We talked to Dimitar Dimitrov, Micar Innovation co-founder, CEO and Business Development Manager, about the company&#8217;s operations in Sofia and the biotech industry potential in Bulgaria&#8217;s capital.<\/span><\/p>\n<p><b>Mr. Dimitrov, what does your company do here in Sofia and abroad?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Micar Innovation&#8217;s main operations are focused on discovering new small drug molecules. Currently, the company manages a portfolio of 10 different new drug molecules at a different PoC stage. The leading new drug molecules for treating chronic pain, pancreas cancer and melasma are in the most advanced stage of development, they are now entering preclinical trials.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We have launched a brand new project to study 100 new drug molecules of a given class to find treatment for rare and ultra-rare diseases (60% of these rare diseases affect mainly children and are related to gene mutations).<\/span><\/p>\n<p><b>How long does it take for the new drug molecule to reach the patient?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">This is a regulated and difficult scientific process, requiring big investments. What we create now will be available on the market in at least three-to-five years.<\/span><\/p>\n<p><b>What is the good news that validates you and helps you stand out on a global scale?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The good news is that <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"15032\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/the-sofia-based-micar-innovation-is-one-of-250-companies-listed-in-roots-analysis-study-on-computer-aided-drug-discovery-services-market-2018-2030\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-15030 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">07.12.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/cargills-bulgarian-operations-have-grown-to-over-1100-employees\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-1024x576.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/cargills-bulgarian-operations-have-grown-to-over-1100-employees\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.12.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/cargills-bulgarian-operations-have-grown-to-over-1100-employees\/\">Cargill\u2019s Bulgarian Operations Have Grown to over 1,100 Employees<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><b><br \/>\n<\/b><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-14790 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961.jpg\" alt=\"\" width=\"336\" height=\"189\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961.jpg 5613w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-300x169.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-768x432.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-1024x576.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-600x337.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-260x146.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/DSC04961-133x75.jpg 133w\" sizes=\"(max-width: 336px) 100vw, 336px\" \/><\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Cargill\u2019s Business Services Centre in Sofia has grown to over 1,000 people this month, making it one of the largest in Bulgaria and significantly changing the footprint of Cargill\u2019s operations in the country. Overall more than 1,100 people now work in one of three offices in Bulgaria dedicating their time and expertise to business services, ocean transportation and agricultural supply chain activities. \u00a0<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">The company celebrated this significant success in Bulgaria with a special event for the employees of the Shared Business Services Center in Sofia, hosted by Metodi Georgiev &#8211; Executive Director of Cargill Bulgaria and Center Lead of the CBS Sofia. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">An important part of the event was the address of Kim Skanson, Global Leader for Cargill\u2019s Shared Service Centre. \u201cThe heart of Cargill Business Services is our team. It takes each and every one of our people to make an impact for Cargill. I say this often, but there is no better time to be part of Cargill Business Services because we are driving a major change within Cargill. Hitting the milestone of a thousand employees is a big one and one that I am very proud to celebrate today with our team,\u201d she said in her welcoming address.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">In his speech during the event, Metodi Georgiev said: &#8220;Cargill has a long history of over 150 years and our people and the experience that they bring is a major part of the company\u2019s success. I have always shared and stood behind one of the company&#8217;s key values &#8211; &#8220;people first&#8221;. Today, this value is the reason to stand here and celebrate this very important milestone for Cargill Business Services in Sofia. For some companies, hiring its 1000th employee is just growth. For us it is much more &#8211; it is a proof of our success.&#8221;<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Zlatomir Kovachev, Manager for Cargill\u2019s agricultural supply chain business in Bulgaria, and Stanislav Mateev, Manager of Cargill\u2019s ocean transportation business in Varna, Bulgaria,, also expressed their joy at the achievement of this success and congratulated the Center in Sofia: &#8220;As a representative of Cargill&#8217;s oldest operations in Bulgaria, for me the expansion from seven people when we started in 2006 to over 1100 this year is an excellent indicator not only of \u00a0the company&#8217;s commitment to its business in our country, but especially for the talent of our employees in the three operations in Bulgaria,&#8221; said Zlatomir Kovachev.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">&#8220;It is very inspiring for <\/span><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"15030\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/cargills-bulgarian-operations-have-grown-to-over-1100-employees\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-15028 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">07.12.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/fintech-company-premfina-and-publisher-news-uk-to-expand-into-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"226\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia-300x169.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia-260x146.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia-133x75.jpg 133w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/fintech-company-premfina-and-publisher-news-uk-to-expand-into-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.12.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/fintech-company-premfina-and-publisher-news-uk-to-expand-into-sofia\/\">FinTech Company PremFina and Publisher News UK to Expand into Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-14754 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia.jpg\" alt=\"\" width=\"323\" height=\"182\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia-300x169.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia-260x146.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/12\/Data-Center-Sofia-133x75.jpg 133w\" sizes=\"(max-width: 323px) 100vw, 323px\" \/>The News UK media group will form a technology team in Sofia in partnership with Questers&#8217; office in Bulgaria.<\/span><span style=\"font-weight: 400;\"> The partnership will accelerate the strategic growth of the group behind some of the most powerful media brands in the English-speaking world, such as The Times, The Sun and The Sunday Times.<\/span>\n<p><span style=\"font-weight: 400;\">With the rapid increase in digital consumption, the technology division of News UK undertakes a major programme to build a new, flexible and efficient platform that will accelerate the process of digital transformation of the company and will meet today\u2019s readers need for rich and interactive content across multiple platforms.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe expansion of News UK into Bulgaria in partnership with Questers demonstrates the value of the Bulgarian market for UK digital innovation and continues to strengthen UK-Bulgarian bilateral ties,\u201d Her Majesty\u2019s Ambassador to Bulgaria Emma Hopkins OBE <\/span><span style=\"font-weight: 400;\">said <\/span><span style=\"font-weight: 400;\">in the <\/span><a href=\"https:\/\/www.questers.com\/news\/questers-accelerates-strategic-expansion-news-uk\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">official news release<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">News Corp UK &amp; Ireland Limited is a British newspaper publisher and a wholly owned subsidiary of the American mass media conglomerate News Corp. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Career opportunities within NewsUK\u2019s team in Sofia are listed <\/span><a href=\"https:\/\/www.questers.com\/newsuk\/open-positions\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">***<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Questers announced yet another partnership with the fast growing FinTech company <\/span><i><span style=\"font-weight: 400;\">PremFina <\/span><\/i><span style=\"font-weight: 400;\">\u2013 a digital SaaS platform allowing flexible premium finance solution for insurance brokers, helping them to maximise control over customer relationships and increase revenue. As a result of an increase in demand for their <\/span><span style=\"font-weight: 400;\">solutions <\/span><span style=\"font-weight: 400;\">and services, PremFina is expanding its operations into Sofia, Bulgaria. The local team will bolster the development and test side of the company\u2019s software application, including but not limited to the API layer and the core web services technology.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8212;&#8211;<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Questers is a British IT company with an office in Sofia, mainly active in the formation of highly efficient teams of technology specialists for companies in Europe and the United States.<\/span><\/i><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"15028\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/fintech-company-premfina-and-publisher-news-uk-to-expand-into-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-14604 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">15.11.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-lars-fredenlund-ceo-at-cobuilder\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover.png 523w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-80x80.png 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-lars-fredenlund-ceo-at-cobuilder\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">15.11.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-lars-fredenlund-ceo-at-cobuilder\/\">\u201cWhy Sofia?\u201d with Lars Fredenlund, CEO at Cobuilder<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"wp-image-14595 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover.png\" alt=\"\" width=\"360\" height=\"360\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover.png 523w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Lars-coBuilderENG-cover-80x80.png 80w\" sizes=\"(max-width: 360px) 100vw, 360px\" \/><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/cobuilder.com\/en\" target=\"_blank\" rel=\"noopener noreferrer\">Cobuilder<\/a><\/span><span style=\"font-weight: 400;\">\u00a0is an international company set up in Norway <\/span><span style=\"font-weight: 400;\">that <\/span><span style=\"font-weight: 400;\">develops innovative software products for the construction industry. In 2013, Cobuilder <\/span><span style=\"font-weight: 400;\">chose Sofia to<\/span><span style=\"font-weight: 400;\"> establish its first subsidiary &#8211; Cobuilder International. With its initial team of two employees, the operations in Bulgaria were mainly related to data entry into information systems serving the Norwegian market. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2014, the team in Sofia expanded to 20 employees and was engaged in more and more key activities for the company. In 2015, the company started developing new products in Bulgaria and in the meantime opened offices in the UK and France. In 2017, Cobuilder International had more than 80 employees, and the company won the \u201cIT Product of the Year\u201d award of <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">Bulgarian Outsourcing Association (BOA) and BASSCOM. The award was bestowed for the <\/span><span style=\"font-weight: 400;\">company\u2019s <\/span><span style=\"font-weight: 400;\">first software product, which was completely designed and developed in Bulgaria. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2018, with the 5th anniversary of Cobuilder International\u2019s establishment, a rebranding project is being implemented, <\/span><span style=\"font-weight: 400;\">and <\/span><span style=\"font-weight: 400;\">the new visual and brand identity will be applied to the entire international group.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lars Christian Fredenlund, CEO at Cobuilder<\/span><span style=\"font-weight: 400;\">,<\/span> <span style=\"font-weight: 400;\">tells us what makes Sofia a place to launch and develop a successful business.<\/span><\/p>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and <\/b><b>abroad<\/b><b>?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Sofia-based company<\/span><span style=\"font-weight: 400;\">,<\/span><span style=\"font-weight: 400;\">Cobuilder International LTD<\/span><span style=\"font-weight: 400;\">,<\/span><span style=\"font-weight: 400;\"> is part of the Cobuilder AS family \u2013 an international organisation based in Oslo, Norway. For over 20 years, Cobuilder has become a name in delivering innovative software solutions for the Norwegian and European construction industries. Since it was founded in 2013, Cobuilder International has been responsible for developing, improving and maintaining Cobuilder&#8217;s core products aimed at catering for the specific data needs of construction industry actors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cobuilder is focused on the development of comprehensive software solutions aimed at fast tracking <\/span><span style=\"font-weight: 400;\">of <\/span><span style=\"font-weight: 400;\">the digital transformation that will make big ideas such as Industry 4.0, Internet of Things and digital twins relevant to the reality of our client\u2019s businesses.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today, Cobuilder International is in the Top 5 most dynamic IT companies in Bulgaria*. We are set on a mission to revolutionise the ways construction data is handled worldwide and we have found the right resources to fulfil this mission, here in Sofia.<\/span><\/p>\n<p><b>What made you cho<\/b><b>o<\/b><b>se Sofia as the place to invest?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">First and foremost the talented and skilled people. We had some experience <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"14604\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-lars-fredenlund-ceo-at-cobuilder\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-14438 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.11.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/dhl-express-bulgaria-opens-new-logistics-hub-in-sofia\/\"><div class=\"mask\"><\/div><img width=\"330\" height=\"153\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo.jpg 330w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo-300x139.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo-260x121.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo-50x23.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo-150x70.jpg 150w\" sizes=\"(max-width: 330px) 100vw, 330px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/dhl-express-bulgaria-opens-new-logistics-hub-in-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.11.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/dhl-express-bulgaria-opens-new-logistics-hub-in-sofia\/\">DHL Express Bulgaria Opens New Logistics Hub in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-14384 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo.jpg\" alt=\"\" width=\"315\" height=\"146\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo.jpg 330w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo-300x139.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo-260x121.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo-50x23.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/DHL-logo-150x70.jpg 150w\" sizes=\"(max-width: 315px) 100vw, 315px\" \/>DHL Express invested a total of EUR 10 million to open a new logistic<\/span><span style=\"font-weight: 400;\">s<\/span><span style=\"font-weight: 400;\"> center in Sofia. The facility covers an area of 10 000 sq. m. and is located close to Terminal 2 <\/span><span style=\"font-weight: 400;\">of <\/span><span style=\"font-weight: 400;\">Sofia Airport. \u00a0<\/span>\n<p><span style=\"font-weight: 400;\">The hub is equipped with <\/span><span style=\"font-weight: 400;\">high-tech<\/span><span style=\"font-weight: 400;\"> automatic sorting system that will boost the processing capacity to 3000 parcels per hour. Loads will go through three courier channels for direct <\/span><span style=\"font-weight: 400;\">vehicle <\/span><span style=\"font-weight: 400;\">loading. Furthermore, the center has the latest generation of streaming lines, automatic weight and size verification <\/span><span style=\"font-weight: 400;\">systems<\/span><span style=\"font-weight: 400;\">, barcode readers and X-ray machines providing the highest level of security.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, DHL invests in similar facilities in more than 40 countries around the globe. The largest automated logistics centers of the company are located in its main distribution hubs <\/span><span style=\"font-weight: 400;\">in <\/span><span style=\"font-weight: 400;\">Germany, Belgium, UK, Italy, USA (in Cincinnati) and China. The investment in Bulgaria aims to meet the growing volume of shipments processed by DHL Express in Bulgaria. DHL Express Bulgaria <\/span><span style=\"font-weight: 400;\">has over 300 employees working<\/span><span style=\"font-weight: 400;\"> in the centers in Plovdiv, Burgas, Veliko Tarnovo and Montana.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Globally, DHL runs a business with courier and cargo shipments in over 220 countries and employs over 360,000 people. In Bulgaria, the company has been active since 1981 and currently has 50 offices throughout the country.<\/span><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"14438\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/dhl-express-bulgaria-opens-new-logistics-hub-in-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-14435 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.11.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/the-japanese-game-dev-company-sega-shifts-qa-team-from-london-to-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"178\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg-960x427.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg-1024x342.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/the-japanese-game-dev-company-sega-shifts-qa-team-from-london-to-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.11.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/the-japanese-game-dev-company-sega-shifts-qa-team-from-london-to-sofia\/\">The Japanese Game Dev Company SEGA Shifts QA Team from London to Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-14295 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg.png\" alt=\"\" width=\"432\" height=\"144\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg.png 1280w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg-300x100.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg-768x256.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg-1024x342.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg-600x200.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg-260x87.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg-50x17.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/SEGA_logo.svg-150x50.png 150w\" sizes=\"(max-width: 432px) 100vw, 432px\" \/>The European <\/span><span style=\"font-weight: 400;\">division <\/span><span style=\"font-weight: 400;\">of <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">Japanese game developer Sega announced that it is relocating its quality assurance team from London to Sofia, <\/span><a href=\"http:\/\/www.gamesindustry.biz\" target=\"_blank\" rel=\"noopener noreferrer\"><i><span style=\"font-weight: 400;\">Gamesindustry.biz<\/span><\/i><\/a> <span style=\"font-weight: 400;\">reported<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">The move will take place over a two-year period<\/span><span style=\"font-weight: 400;\">, with the new <\/span><i><span style=\"font-weight: 400;\">Sega Development Services Sofia<\/span><\/i><span style=\"font-weight: 400;\"> launching in June 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Bulgaria is a European leader for IT development, home to regional offices for some of the most renowned tech outfits in the world including IBM and Hewlett-Packard and has a history of technological accomplishment and innovation. It&#8217;s the perfect location to open what will become a best-in-class quality assurance operation with the capacity to expand,&#8221; <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">president of Sega Europe Gary Dale said in a statement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8212;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sega Corporation is a software and hardware company created in 1940 in the United States, but now based in Japan.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While providing games for military bases, the company was called <\/span><i><span style=\"font-weight: 400;\">Standard Games<\/span><\/i><span style=\"font-weight: 400;\">, but, following a move to Japan in 1952, the company was renamed <\/span><i><span style=\"font-weight: 400;\">Service Games of Japan<\/span><\/i><span style=\"font-weight: 400;\">. In the early 1980s, Sega released its first console system, the SG-1000, which generated more than $200 million in revenue. Over the next few years Sega released more consoles beginning a serious competition with its main rival, the Nintendo console, for control <\/span><span style=\"font-weight: 400;\">over <\/span><span style=\"font-weight: 400;\">the video game market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">New companies entering the competition and poor sales caused Sega to abandon console development entirely in 2001. Sega has since focused on software design and worked as a third-party game developer for its most successful franchises, such as <\/span><i><span style=\"font-weight: 400;\">Sonic the Hedgehog<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">Total War<\/span><\/i><span style=\"font-weight: 400;\">, and <\/span><i><span style=\"font-weight: 400;\">Virtua Fighter<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"14435\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/the-japanese-game-dev-company-sega-shifts-qa-team-from-london-to-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-14415 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.11.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/cargo-partner-eood-celebrated-15-years-in-bulgaria\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Cargo-partner-15-years-Bulgaria-1-960x750.jpeg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Cargo-partner-15-years-Bulgaria-1-960x750.jpeg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Cargo-partner-15-years-Bulgaria-1-1280x1000.jpeg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/11\/Cargo-partner-15-years-Bulgaria-1-1024x683.jpeg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/cargo-partner-eood-celebrated-15-years-in-bulgaria\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.11.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/cargo-partner-eood-celebrated-15-years-in-bulgaria\/\">&#8220;cargo-partner&#8221; EOOD \u00a0Celebrated 15 years in Bulgaria<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\">\u201ccargo-partner\u201d opened its first office in Sofia in 2003.<\/span><span style=\"font-weight: 400;\"> Following its development strategy, &#8220;cargo-partner&#8221; strengthened its position in the country with offices in Varna (2014) and Plovdiv (2017). The company <\/span><span style=\"font-weight: 400;\">launched <\/span><span style=\"font-weight: 400;\">its operations with a major focus on air transport, but the &#8220;cargo partner&#8221; management <\/span><span style=\"font-weight: 400;\">became <\/span><span style=\"font-weight: 400;\">quickly aware of the need to develop the full range of services &#8211; complete logistics solutions, including maritime, road and rail transport. <\/span><span style=\"font-weight: 400;\">The constant sustainable growth of the company is evidence of the team&#8217;s professional work.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The good results, as well as the increased demand for warehouse space, are the reasons <\/span><span style=\"font-weight: 400;\">why &#8220;cargo-partner&#8221; decided<\/span><span style=\"font-weight: 400;\"> to invest in its own logistics base in 2017, which b<\/span><span style=\"font-weight: 400;\">y 2018 is already working in its full capacity. <\/span><span style=\"font-weight: 400;\">The logistics center has 22,000 pallet spaces and is located on an area of 34 000 sq.m. \u201ccargo-partner&#8221; <\/span><span style=\"font-weight: 400;\">did <\/span><span style=\"font-weight: 400;\">not stop with the expansion and additionally <\/span><span style=\"font-weight: 400;\">purchased <\/span><span style=\"font-weight: 400;\">a plot of land in the immediate vicinity of 31 000 sq.m. in September 2018. The company&#8217;s plans are to double the capacity of the <\/span><i><span style=\"font-weight: 400;\">iLogistic center<\/span><\/i><span style=\"font-weight: 400;\">. Its name carries the meaning of a center that collects and processes information, offers an integrated solution and creates innovations in logistics. <\/span><span style=\"font-weight: 400;\">Its construction required the efforts of a team of specialists, 8 months of construction work and an investment of 15 million euro.<\/span><span style=\"font-weight: 400;\"> The building is modern, functional and equipped with a TAPA A security certificate. The location near the airport is predetermined by the company&#8217;s activities <\/span><span style=\"font-weight: 400;\">&#8211; <\/span><span style=\"font-weight: 400;\">&#8220;cargo-partner&#8221; has been in the top 3 of air freight forwarders in Bulgaria over the last five years. <\/span><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">location is also tailored to the convenient access of customers and employees through public transport within the city.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At present, there are 117 specialists in transport, logistics, sales and administration. <\/span><i><span style=\"font-weight: 400;\">Exactly people are one of the reasons why &#8220;cargo-partner&#8221; <\/span><\/i><i><span style=\"font-weight: 400;\">decided <\/span><\/i><i><span style=\"font-weight: 400;\">to invest in Bulgaria. <\/span><\/i><i><span style=\"font-weight: 400;\">Anton Stoykov, manager of the company for Bulgaria, named the other three key factors. One of the major advantages is the country\u2019s key geographical location and the passage of 5 key transport corridors through its territory.<\/span><\/i><i><span style=\"font-weight: 400;\"> Secondly, the fast and easy access to all European markets, as well as the good infrastructure that is constantly being developed thanks to EU investment. Last but not least, the industrial zones in Bulgaria are also among the reasons for the capital inflows from the parent company.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Over the past year, 32,000 items have been processed <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"14415\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/cargo-partner-eood-celebrated-15-years-in-bulgaria\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-14060 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">22.10.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-aleksey-rubtsov-managing-director-at-luxoft-bulgaria\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Luxoft-ENG-1.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Luxoft-ENG-1.png 523w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Luxoft-ENG-1-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Luxoft-ENG-1-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Luxoft-ENG-1-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Luxoft-ENG-1-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Luxoft-ENG-1-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Luxoft-ENG-1-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Luxoft-ENG-1-80x80.png 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Luxoft-ENG-1.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-aleksey-rubtsov-managing-director-at-luxoft-bulgaria\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">22.10.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-aleksey-rubtsov-managing-director-at-luxoft-bulgaria\/\">&#8220;Why Sofia?&#8221; with Aleksey Rubtsov, Managing Director at Luxoft Bulgaria<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.luxoft.com\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Luxoft<\/span><\/a><span style=\"font-weight: 400;\"> (NYSE:LXFT) is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering. Luxoft enables companies to compete by leveraging its multi-industry expertise in the financial services, automotive, communications, and healthcare &amp; life sciences sectors. Its managed delivery model is underpinned by a highly-educated workforce, allowing the Company to continuously innovate upwards on the technology stack to meet evolving digital challenges. Luxoft has more than 13,000 employees across 42 offices in 21 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Aleksey Rubtsov, Managing Director at Luxoft Bulgaria tells us what makes Sofia a place to launch and develop a successful business.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Luxoft development center in Bulgaria was opened in February 2014 and to this date operates with approximate 300 IT specialists in Sofia office. Currently, the company business operations are focused on automotive software development and some line of businesses as banking and enterprise. The company is actively looking to scale their business and further expand on the local market.<\/span><\/p>\n<p><b>What motivated you to invest in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Demand for Luxoft\u2019s engineering services and domain expertise are steadily increasing. Thus, the current pipeline has prompted us to expand our core presence in Central and Eastern Europe and to continue growing our global delivery model. Bulgaria is well known for its good technical education and it always was the center of IT of Eastern Europe. That among other, infrastructural benefits has attracted us to open a development center in Sofia. Accessibility in wide terms and developed talent pool convinced us that Bulgaria is a very good fit to Luxoft family and Sofia, in particular, has both great infrastructure and wealth of technical talent.<\/span><\/p>\n<p><b>Are there other local and foreign companies here doing business in your sector?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Yes, plenty of companies those provide similar service to a wide range of clients all over the world.<\/span><\/p>\n<p><b>What are the advantages of investing in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Developed and cost-efficient infrastructure<\/span><\/p>\n<p><b>What sort of difficulties have you faced so far?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Our business is all <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"14060\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-aleksey-rubtsov-managing-director-at-luxoft-bulgaria\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-13992 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-success-stories-en\" ><div class=\"date_label\">17.10.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/acronis-opens-new-office-in-sofia-establishing-european-rd-center-for-cyber-protection-ai-and-blockchain-projects\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Official-Opening-Sofia-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Official-Opening-Sofia-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Official-Opening-Sofia-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Official-Opening-Sofia-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Acronis-Official-Opening-Sofia-1024x768.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/acronis-opens-new-office-in-sofia-establishing-european-rd-center-for-cyber-protection-ai-and-blockchain-projects\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">17.10.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news\/\" rel=\"category tag\">News<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/acronis-opens-new-office-in-sofia-establishing-european-rd-center-for-cyber-protection-ai-and-blockchain-projects\/\">Acronis Opens New Office in Sofia, Establishing European R&#038;D Center for Cyber Protection, AI and Blockchain Projects<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\">Acronis, a global leader in cybe<\/span><span style=\"font-weight: 400;\">r protection<\/span><span style=\"font-weight: 400;\"> and hybrid cloud solutions, has officially launched its new European office and R&amp;D center in Sofia. The <\/span><span style=\"font-weight: 400;\">grand opening was held <\/span><span style=\"font-weight: 400;\">on St. Stefano Street in the heart of Sofia, where the company currently occupies two floors of San Stefano Plaza. <\/span><span style=\"font-weight: 400;\">The Singapore-based company starts operations in Sofia with a team of 30 specialists <\/span><span style=\"font-weight: 400;\">and is on track to grow to 50 people by the end of the year and <\/span><span style=\"font-weight: 400;\">to 300 people in the next three years. <\/span><\/p>\n<p>We are happy that Sofia Investment Agency has been partnering in the <a href=\"http:\/\/investsofia.com\/?p=13579&amp;preview_id=13579&amp;preview_nonce=33b24671f3&amp;post_format=standard&amp;_thumbnail_id=13415&amp;preview=true\" target=\"_blank\" rel=\"noopener noreferrer\">process of establishing the Acronis R&amp;D Center<\/a> for the past few months after we first met with the Acronis due diligence team in April. We presented the business climate, the working and living conditions in Bulgaria and Sofia in front of 50 Acronis software engineers from Moscow. Furthermore, we provided support in the establishment of key contacts in different fields to ensure the successful start of the expansion of the center in Sofia.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><i><span style=\"font-weight: 400;\">Plamen Toshev, Managing Director, Acronis Bulgaria:<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cWe highly appreciate all the efforts and support that Sofia Investment Agency provided Acronis with during the time of setting up our business in Sofia. Meeting all our precise needs, the agency helped us for very fast, smooth and efficient entering to the Bulgarian market.\u201d<\/span><\/i><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The office in Bulgaria is a key R&amp;D center for Acronis in Europe, which is focused on cyber protection, data center operations, and the development of Acronis products and services. The new center will be the latest addition to Acronis\u2019 R&amp;D centers currently operating in Asia, Europe and America. The office will be a part of a globally distributed network of engineering facilities that will sustain the development of cyber protection, artificial intelligence, and blockchain-based technologies 24 hours a day. <\/span><\/p>\n<p>The company will also engage in active collaboration with local universities and educational institutions to provide training skill improvement in the IT sector.<\/p>\n<p><span style=\"font-weight: 400;\">\u201cCongratulations to Acronis for deciding to open a new office in Bulgaria. Every new investor and their trust are very important for our country, and new workplaces are a great stimulus to bring qualified personnel back to the country. Bulgaria has proved its potential in developing the high-tech sector. Our priority is the investment in products and services with high value-add component, which take our economic development to a qualitatively new <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"13992\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/acronis-opens-new-office-in-sofia-establishing-european-rd-center-for-cyber-protection-ai-and-blockchain-projects\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-13896 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.10.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/stillfront-group-has-acquired-the-sofia-based-imperia-online\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"263\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo-960x630.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo-1024x538.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/stillfront-group-has-acquired-the-sofia-based-imperia-online\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.10.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/stillfront-group-has-acquired-the-sofia-based-imperia-online\/\">Stillfront Group has acquired the Sofia-based Imperia Online<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\" wp-image-13746 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo.png\" alt=\"\" width=\"329\" height=\"173\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo.png 1200w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo-300x158.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo-768x403.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo-1024x538.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo-600x315.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo-260x137.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo-50x26.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/meta_logo-143x75.png 143w\" sizes=\"(max-width: 329px) 100vw, 329px\" \/><br \/>\nThe Swedish firm buys out 100% of\u00a0the\u00a0shares of Imperia Online in a deal worth \u20ac10 million. The Bulgarian studio is one of the biggest game production companies in Southeastern Europe with 25 released games, including the flagship title Imperia Online \u2013 a medieval cross-platform MMO strategy with over 40 million users worldwide.\n<p>Meanwhile, Stillfront is a network of independent developers, publishers and distributors. Imperia Online becomes the tenth subsidiary, joining previous acquisitions \u2013 the Hamburg-based studio Goodgame, the German sports management game OnlineFussballManager, the Dublin developer eRepublik Labs and the MENA publisher Babil Games, among others.<\/p>\n<p>The acquisition is expected to be completed on October 11th. \u20ac5 million is payable in cash to Imperia Online\u2019s former owners, while the other \u20ac5 million is payable in newly issued Stillfront shares. The value of the deal could raise to \u20ac27.5 million depending on the studio\u2019s earn-out over the next three years.<\/p>\n<div id=\"essb_displayed_bottom_691393440\" class=\"essb_links essb_counter_modern_right essb_displayed_bottom essb_share essb_template_metro-retina essb_691393440 essb_nospace print-no\" data-essb-postid=\"13855\" data-essb-position=\"bottom\" data-essb-button-style=\"icon_hover\" data-essb-template=\"metro-retina\" data-essb-counter-pos=\"right\" data-essb-url=\"http:\/\/investsofia.com\/en\/two-more-acquisitions-in-the-bulgarian-ictgaming-industry\/\" data-essb-twitter-url=\"http:\/\/investsofia.com\/en\/two-more-acquisitions-in-the-bulgarian-ictgaming-industry\/\" data-essb-instance=\"691393440\"><\/div>\n<\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"13896\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/stillfront-group-has-acquired-the-sofia-based-imperia-online\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-13894 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.10.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-scalefocus-acquires-upnetix\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/scalefocus-upnetix-1200-600-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/scalefocus-upnetix-1200-600-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/scalefocus-upnetix-1200-600-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/scalefocus-upnetix-1200-600-1024x538.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sofia-based-scalefocus-acquires-upnetix\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.10.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sofia-based-scalefocus-acquires-upnetix\/\">Sofia-based ScaleFocus Acquires Upnetix<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\n<p>The Bulgarian software company ScaleFocus announced the acquisition of 100% of the Sofia-based privately held Upnetix, one of the 50 worldwide certified Google development agencies. Upnetix specializes in mobile engineering, front-end development and design-driven digital transformation. Tagging the Upnetix team, ScaleFocus will strengthen its capacity and technical skills in mobile engineering, front-end and design-driven digital transformation.<\/p>\n<p>ScaleFocus is a Sofia-based company, founded in 2012. Currently, the company operates with stand-alone offices in London, Munich, Zurich and Washington DC. ScaleFocus has two more offices in Bulgaria \u2013\u00a0in\u00a0Plovdiv and Burgas \u2013 and is about to open a third one in Varna in October. As of September 2018 the company services medium and large-scale enterprise customers across North America and Western Europe, with a full-time staff of 500+ people.<\/p>\n<p>Founded in 2015,\u00a0Upnetix\u00a0is a privately held JSC, currently having an engineering staff of 120 professionals. Upnetix is a major provider of custom client-tailored software solutions, the biggest mobile development studio in Bulgaria and is among the largest software outsourcing companies in South-Eastern Europe. The company provides the full range of software development and consultancy services, covering all stages of the product life cycle: strategy, business analysis, design and prototyping to development, quality assurance, deployment and post-project maintenance and support.<\/p>\n<p>In 2017 Upnetix became the first and only company in SEE to become a certified Google Developer Agency. In both 2017 and 2018, it has been recognized as the fastest-growing technology company in Bulgaria in the TOP 100 Annual Ranking by ICT Media and Computerworld, which honors companies, headquartered in Bulgaria, that have experienced substantial growth over the last three years. It was named as the most dynamically growing company in the software and outsourcing sector in Bulgaria from institutions like Forbes and GSA.<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"13894\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sofia-based-scalefocus-acquires-upnetix\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-13864 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">05.10.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/jysks-distribution-center-near-sofia-to-be-the-tallest-in-bulgaria\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"232\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Jysk-Industrial-Zone-Sofia-Bulgaria-960x557.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/10\/Jysk-Industrial-Zone-Sofia-Bulgaria-1024x519.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/jysks-distribution-center-near-sofia-to-be-the-tallest-in-bulgaria\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.10.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/jysks-distribution-center-near-sofia-to-be-the-tallest-in-bulgaria\/\">JYSK\u2019s Distribution Center near Sofia to be the Tallest in Bulgaria<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\n<p><span style=\"font-weight: 400;\">The first part of the new <\/span><span style=\"font-weight: 400;\">logistics <\/span><span style=\"font-weight: 400;\">hub of <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">Danish household goods chain JYSK in <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">Bozhurishte <\/span><span style=\"font-weight: 400;\">I<\/span><span style=\"font-weight: 400;\">ndustrial <\/span><span style=\"font-weight: 400;\">Z<\/span><span style=\"font-weight: 400;\">one near Sofia will become operational as of this month. The construction works started in the summer of 2017, when the company announced its plans to invest EUR 100 million to build <\/span><span style=\"font-weight: 400;\">its fourth logistic center in the world <\/span><span style=\"font-weight: 400;\">in Bulgaria to supply its stores in Bulgaria, Greece, Romania, Croatia, Slovenia, Bosnia and Serbia. The other centers of the chain are located in Denmark, Sweden and Poland.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Both the project and the construction were entrusted <\/span><span style=\"font-weight: 400;\">to Bulgarian contractors after <\/span><span style=\"font-weight: 400;\">a tender. The center includes two tall buildings with a total capacity of 121 632 pallets. The tall buildings reach 16 floors (42.5 m), <\/span><span style=\"font-weight: 400;\">making <\/span><span style=\"font-weight: 400;\">them the tallest warehouses in Bulgaria. The plot covers an area of 300 000 sq. m. and the built-up area &#8211; just over 90 000 sq. m. In addition to the tall bodies, the base also includes a transport corridor, a reception area, an Internet trade area, administrative buildings and parking lots. An average of 200 trucks will pass through the center daily.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0422he two high bays of the distribution center are fully automated and no personnel will work there. The goods will be managed by 42-meter railroad cranes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The new base will open around 300 new permanent jobs in the fields of transport, manual operation of goods, etc. The administrative team of the company in Sofia will also <\/span><span style=\"font-weight: 400;\">relocate to <\/span><span style=\"font-weight: 400;\">the center of Bozhurishte. \u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Danish chain has estimated that the warehouses near Sofia will save 10 million kilometers a year for supplies of goods in the Balkan region. A total of 270 chain stores in the Balkan countries will be served from here. JYSK has 18 stores in Bulgaria and another 14 new stores are planned to be opened by the end of this year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">JYSK chain was founded in 1979 by <\/span><span style=\"font-weight: 400;\">the <\/span><span style=\"font-weight: 400;\">Danish tradesman Lars Larsen and today it has more than 2 500 stores in 49 countries. The group\u2019s turnover totaled EUR 3.35 billion for the 2016\/2017 fiscal year .<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">The article is based on information from <\/span><\/i><i><span style=\"font-weight: 400;\"><a href=\"http:\/\/www.capital.bg\/regal-verigi2018\/buy\/?utm_source=Capital-Article-Kare-Dolu-Buy-Button-Korica&amp;utm_medium=Article-Kare-Dolu&amp;utm_campaign=Regal100%2F2018\" target=\"_blank\" rel=\"noopener noreferrer\">Regal 100<\/a>.<\/span><\/i><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"13864\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/jysks-distribution-center-near-sofia-to-be-the-tallest-in-bulgaria\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-13579 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">13.09.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/acronis-enters-the-bulgarian-market-after-the-acquisition-of-t-soft\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"225\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-960x540.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-300x169.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-768x432.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-600x338.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-260x146.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-133x75.jpg 133w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/acronis-enters-the-bulgarian-market-after-the-acquisition-of-t-soft\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">13.09.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/acronis-enters-the-bulgarian-market-after-the-acquisition-of-t-soft\/\">Acronis Enters the Bulgarian Market with the Acquisition of T-Soft<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-13415 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis.jpg\" alt=\"\" width=\"960\" height=\"540\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-300x169.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-768x432.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-600x338.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-260x146.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/Acronis-133x75.jpg 133w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The Singapore-based <a href=\"https:\/\/www.acronis.com\/en-eu\/\" target=\"_blank\" rel=\"noopener noreferrer\">Acronis<\/a>, an international leader in cyber security and hybrid cloud solutions, has established its presence in Sofia following the acquisition of the Bulgarian company T-Soft. The two companies have been successfully collaborating since 2012, which motivated Acronis to further explore the investment opportunities for the establishment of its own unit of the company in Sofia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Acronis has the ambition to gradually create one of the largest engineering offices in the technology sector in Bulgaria. The company starts operations with T-Soft\u2019s team of\u00a030 specialists and plans to expand its staff to 300 people in the next three years. The planned investment in the amount of EUR 43 million aims to develop a key R&amp;D center in Europe with activities that are fully focused on cyber security. The company has already announced 20 job openings for qualified personnel in Sofia.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Why Sofia<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The establishment of an R&amp;D center in Sofia is part of Acronis\u2019 plans to gain stable positions in Europe. After exploring a number of countries in the region for three years, including Poland, Romania, Serbia, etc., the team of <strong>Acronis chose Bulgaria due to the firm\u2019s successful long-term partnership with T-Soft, the presence of qualified experts and the country\u2019s membership in the European Union.<\/strong><\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u2018Acronis needs more engineers to develop innovative technologies to meet the growing need for cyber security. We are increasing our presence in Europe as part of our growth strategy on the continent and Sofia was a logical step for us. Here we already had a local partner with excellent engineers. We will continue to develop the successful work of the team here in order to expand our research and development operations in Europe. Sofia is a great place to access the numerous talented engineers in Europe\u2019 &#8211; <\/span><\/i><span style=\"font-weight: 400;\">said Sergei Beloussov, founder and CEO of Acronis, in the <a href=\"https:\/\/www.acronis.com\/en-eu\/pr\/2018\/07\/31-20-54.html\" target=\"_blank\" rel=\"noopener noreferrer\">official press release<\/a> of the company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Acronis\u2019 operatitons in Sofia will continue to be managed by Plamen Toshev, current CEO of the acquired T-Soft. Today Acronis has more than 5 million users and 500 000 corporate customers in over 150 countries. \u0422he largest markets for the company\u2018s products and services are Japan, the German-speaking countries and the United States.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>How we helped Acronis<\/strong><\/p>\n<p>We are happy that the team of the Investment Analysis Department of Sofia Investment Agency was a partner in the process of establishing the Acronis Development Center in <\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"13579\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/acronis-enters-the-bulgarian-market-after-the-acquisition-of-t-soft\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-13574 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">13.09.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/devexperts-sets-up-a-development-center-in-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"152\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/23517812_2212963778729879_6212949838374996342_n.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/23517812_2212963778729879_6212949838374996342_n.jpg 828w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/23517812_2212963778729879_6212949838374996342_n-300x114.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/23517812_2212963778729879_6212949838374996342_n-768x292.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/23517812_2212963778729879_6212949838374996342_n-600x228.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/23517812_2212963778729879_6212949838374996342_n-260x99.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/23517812_2212963778729879_6212949838374996342_n-50x19.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/23517812_2212963778729879_6212949838374996342_n-150x57.jpg 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/09\/23517812_2212963778729879_6212949838374996342_n.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/devexperts-sets-up-a-development-center-in-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">13.09.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/devexperts-sets-up-a-development-center-in-sofia\/\">Devexperts Sets up a Development Center in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The Munich-based financial software company <a href=\"https:\/\/devexperts.com\/en\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\">Devexperts<\/a>\u00a0announced the opening of its development center in Sofia at the end of August. The company plans to build a team of 80 people over the next two years and has already rented a floor of Vertigo Business Towers in Sofia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company is working on software solutions in the field of capital markets. Its customers include banks, commodity exchanges, cryptographic exchanges, brokers and financial asset management companies. Devexperts has offices in Munich, Antalya and Porto. For its new development center Bulgaria has competed with Hungary and the Czech Republic. <strong>Sofia has been chosen for its qualified software specialists, better business conditions and excellent technological infrastructure.<\/strong><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Devexperts will appoint a team of specialists in ultra-fast algorithms for trading, big data processing, augmented reality and artificial intelligence. The company also plans to invest in educational programs at local universities and in the development of internship programs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8212;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Devexperts was founded in 2002 and has more than 400 employees around the world. The company has large units in Chicago, New York, London, Tokyo, Istanbul and Shanghai. Its products include online trading platforms, risk management tools and real-time data processing and analysis, as well as AI chat bots for brokers and investment managers. Devexperts provides 24x7x365 support and monitoring for its products and services worldwide.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11344 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"13574\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/devexperts-sets-up-a-development-center-in-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-13265 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">22.08.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-martyn-smith-and-gordon-forsyth-founders-at-brightive\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"248\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/08\/Artboard-65@2x-100-1024x595-960x595.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"Brightive-Why-Sofia\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/08\/Artboard-65@2x-100-1024x595-1024x595.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-martyn-smith-and-gordon-forsyth-founders-at-brightive\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">22.08.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-martyn-smith-and-gordon-forsyth-founders-at-brightive\/\">&#8220;Why Sofia?&#8221; with Martyn Smith and Gordon Forsyth, founders at Brightive<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\"wp-image-13266 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/08\/Artboard-65@2x-100-1024x595.jpg\" alt=\"Brightive-Why-Sofia\" width=\"351\" height=\"204\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/08\/Artboard-65@2x-100-1024x595.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/08\/Artboard-65@2x-100-1024x595-300x174.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/08\/Artboard-65@2x-100-1024x595-768x446.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/08\/Artboard-65@2x-100-1024x595-600x349.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/08\/Artboard-65@2x-100-1024x595-251x146.jpg 251w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/08\/Artboard-65@2x-100-1024x595-50x29.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/08\/Artboard-65@2x-100-1024x595-129x75.jpg 129w\" sizes=\"(max-width: 351px) 100vw, 351px\" \/><a href=\"https:\/\/brightive.net\" target=\"_blank\" rel=\"noopener noreferrer\">Brightive<\/a>, formally known as EHS Consulting is a project management\/business analysis consulting company. In the beginning, EHS provided PMO (project management office) and BA (business analysis) services in the healthcare sector in the UK.\u00a0Afterwards the company applied its knowledge and \u201cknow-how\u201d in government, financial and utility sectors. Realising that its capabilities are moving beyond these industries, the company has re-branded to further strengthen its market positioning. Since the establishment of its Bulgarian operations in 2013, the company has doubled in size every year and plans to employ over 120 people in 2020. It uses its Sofia-based professional services center to handle its most complex projects. Some of their clients include Alcatel \u2013 Lucent and the National Health Service in the UK.\n<p>Martyn Smith,\u00a0Founder &amp; Managing Director and Gordon Forsyth,\u00a0Founder &amp; Director at\u00a0Brightive\u00a0tell us what makes Sofia a place to launch and develop a successful business.<\/p>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside?<\/b><\/p>\n<p>As mentioned previously, Brightive\u00a0is a management consulting company, with an emphasis on project management, business analysis and change management. The company uses a mixed-shore model for service delivery. Differentiating from other management consulting companies, Brightive\u00a0has decided to introduce the \u201cSMART\u201d delivery model, which optimises client costs significantly and allows the efficient utilization of our consultants. Either being on-site (where the client is) or based in our professional services center in Sofia.<\/p>\n<p>The company is not your typical foreign investor. We do not spend vast sums of money on production facilities and use Sofia as a base of operations due to cheaper costs. Rather, we have realized the potential of the talented workforce that resides in the city and have decided to build on that capacity by training and certifying our employees in various project management and business analysis standards to provide qualified and uncompromising service. Our clients are located throughout Europe and therefore we leverage Sofia\u2019s excellent flight connections as our consultants travel up to 75% of the time.<\/p>\n<p><strong>What motivated you to invest in Sofia?<\/strong><\/p>\n<p>In 2012, we attended a seminar regarding investing in Bulgaria. The seminar was set up in the UK and organized by the Invest Bulgaria Agency. After making the necessary due diligence and consultations, we chose Sofia as our professional services center destination. Being a dynamic city, Sofia boasts an incredible working culture along <\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"13265\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-martyn-smith-and-gordon-forsyth-founders-at-brightive\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-13078 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">21.07.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/roseys-mark-is-among-european-agri-food-accelerator-katanas-top-10-winners\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"278\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/IMG_2395-2-960x667.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/IMG_2395-2.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/roseys-mark-is-among-european-agri-food-accelerator-katanas-top-10-winners\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">21.07.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/roseys-mark-is-among-european-agri-food-accelerator-katanas-top-10-winners\/\">Rosey&#8217;s Mark is among European Agri-Food Accelerator KATANA\u2019s Top 10 Winners \u00a0<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"size-full wp-image-13067 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Rosey-Mark-KATANA-Top-10.png\" alt=\"Rosey-Mark-KATANA-Top-10\" width=\"1342\" height=\"502\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Rosey-Mark-KATANA-Top-10.png 1342w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Rosey-Mark-KATANA-Top-10-300x112.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Rosey-Mark-KATANA-Top-10-768x287.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Rosey-Mark-KATANA-Top-10-1024x383.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Rosey-Mark-KATANA-Top-10-600x224.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Rosey-Mark-KATANA-Top-10-260x97.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Rosey-Mark-KATANA-Top-10-50x19.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Rosey-Mark-KATANA-Top-10-150x56.png 150w\" sizes=\"(max-width: 1342px) 100vw, 1342px\" \/><\/span>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Sofia-based Rosey&#8217;s mark, a company active in the development of Bulgarian rose gourmet products, is ranked among the 10 winners of the European Accelerator KATANA, funded by the European Commission under Horizon 2020. The ranking will bring a financial support of EUR 100 000 to the company to boost the competitiveness of the business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is the first external investment for Rosey&#8217;s mark. In order to receive funding from KATANA, the candidates were required to receive a sufficient number of votes from other peers in the sector, as well as a positive assessment and support for the idea by a <\/span><span style=\"font-weight: 400;\">broad audience<\/span><span style=\"font-weight: 400;\">. In the application process, the company competed with more than 700 candidates from all over Europe in the first stage, in which participants vote for the best products and ideas based on peer-to-peer evaluation. The Bulgarian team received enough votes from other sector players and reached the selection of 100 to continue to the second stage of selection by participating in a <\/span><a href=\"https:\/\/katanareward.opencircleproject.com\/campaign\/86\/rosey-s-mark-food-from-roses\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">crowdfunding campaign<\/span><\/a><span style=\"font-weight: 400;\">. Thus Rosey&#8217;s mark raised the amount of EUR 54 000 backed up by 70 supporters. In order to meet the conditions at this stage of the application, Rosey&#8217;s mark attracted another two Bulgarian companies based in Sofia to the campaign &#8211; Blue Birds, a creative food style agency, photo and video content, and Media Basket, a digital agency.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"wp-image-13069 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/3a-web.jpg\" alt=\"\" width=\"382\" height=\"168\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/3a-web.jpg 900w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/3a-web-300x132.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/3a-web-768x339.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/3a-web-600x265.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/3a-web-260x115.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/3a-web-50x22.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/3a-web-150x66.jpg 150w\" sizes=\"(max-width: 382px) 100vw, 382px\" \/><img loading=\"lazy\" class=\"wp-image-13071 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/IMG_4346-2-1.jpg\" alt=\"\" width=\"410\" height=\"171\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/IMG_4346-2-1.jpg 800w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/IMG_4346-2-1-300x126.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/IMG_4346-2-1-768x322.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/IMG_4346-2-1-600x251.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/IMG_4346-2-1-260x109.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/IMG_4346-2-1-50x21.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/IMG_4346-2-1-150x63.jpg 150w\" sizes=\"(max-width: 410px) 100vw, 410px\" \/><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">After the two application stages that brought to the team recognition and support for their ideas and products, both from other agri-food businesses in Europe and <\/span><span style=\"font-weight: 400;\">consumers<\/span><span style=\"font-weight: 400;\">, Rosey&#8217;s mark was ranked in the Top 10 of the Accelerator and <\/span><span style=\"font-weight: 400;\">got the opportunity to use funding in the amount of EUR 100 000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Rosey&#8217;s mark plans for the <\/span><span style=\"font-weight: 400;\">grant<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">to be used by the end of 2018<\/span><span style=\"font-weight: 400;\">, are in several directions: new products development; distribution network development, including export; deeper research of the applications of roses in food and marketing.<\/span><\/p>\n<p><b>More about KATANA<\/b><\/p>\n<p><span style=\"font-weight: 400;\">KATANA is a European business accelerator focused on the agrifood sector and financed by the European Commission under Horizon 2020. The project is a rare opportunity to support projects of small and medium-sized enterprise at an early stage of development outside the IT sphere. You can learn more about the other finalists for funding under the program <a href=\"https:\/\/katanaproject.eu\/\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/span><\/p>\n<p><b>More about<\/b> <b>Rosey&#8217;s mark<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Created in 2012, the company develops the <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"13078\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/roseys-mark-is-among-european-agri-food-accelerator-katanas-top-10-winners\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-12914 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">06.07.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/financial-times-to-open-technology-center-in-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"267\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-112x75.jpg 112w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/financial-times-to-open-technology-center-in-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.07.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/financial-times-to-open-technology-center-in-sofia\/\">Financial Times to Open Technology Center in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-12911 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia.jpg\" alt=\"FT-IT-Center-Sofia\" width=\"350\" height=\"234\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/FT-IT-Center-Sofia-112x75.jpg 112w\" sizes=\"(max-width: 350px) 100vw, 350px\" \/>The <\/span><i><span style=\"font-weight: 400;\">Financial Times<\/span><\/i><span style=\"font-weight: 400;\"> in partnership with the Bulgarian office of the London-based consulting company <\/span><i><span style=\"font-weight: 400;\">Xoomworks <\/span><\/i><span style=\"font-weight: 400;\">is establishing a research and development center in Sofia. The technology team will be responsible for maintaining <\/span><i><span style=\"font-weight: 400;\">FT.com<\/span><\/i><span style=\"font-weight: 400;\">\u2019s internal systems &#8211; subscription software, data domains, content publishing and distribution, billing and payments, finance and taxation reporting, corporate licensing, and more.<\/span>\n<p><span style=\"font-weight: 400;\">The <\/span><i><span style=\"font-weight: 400;\">Financial Times<\/span><\/i><span style=\"font-weight: 400;\"> is one of the world\u2019s 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. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sofia was selected due to its location and fast access to <\/span><i><span style=\"font-weight: 400;\">Financial Times\u2019<\/span><\/i><span style=\"font-weight: 400;\">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.<\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"12914\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/financial-times-to-open-technology-center-in-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-12896 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">05.07.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/two-bulgarian-ai-companies-with-new-growth-opportunities\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"267\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies-112x75.jpg 112w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/two-bulgarian-ai-companies-with-new-growth-opportunities\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.07.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/two-bulgarian-ai-companies-with-new-growth-opportunities\/\">Two Bulgarian AI Companies With New Growth Opportunities<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\" wp-image-12865 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies.jpg\" alt=\"\" width=\"364\" height=\"243\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Exits-Bulgarian-Companies-112x75.jpg 112w\" sizes=\"(max-width: 364px) 100vw, 364px\" \/>\n<p><span style=\"font-weight: 400;\">The Bulgarian company for semantic software <\/span><strong><a href=\"https:\/\/ontotext.com\/\"><i>Ontotext<\/i><\/a><\/strong><span style=\"font-weight: 400;\">, part of <\/span><i><span style=\"font-weight: 400;\">Sirma Group Holding AD<\/span><\/i><span style=\"font-weight: 400;\">, won funding in the amount of BGN 779 605 under the <\/span><i><span style=\"font-weight: 400;\">Innovation and Competitiveness Operational Program<\/span><\/i><span style=\"font-weight: 400;\">. The funding will be used to implement the \u2018<\/span><i><span style=\"font-weight: 400;\">\u0406nt\u0435ll\u0456g\u0435nt M\u0430t\u0441h\u0456ng \u0430nd L\u0456nk\u0456ng \u043ef Org\u0430n\u0456z\u0430t\u0456\u043en D\u0430t\u0430 fr\u043em D\u0456ff\u0435r\u0435nt S\u043eur\u0441\u0435\u0455 \u2013 \u0421\u0406\u041c\u0410\u2019<\/span><\/i><span style=\"font-weight: 400;\"> project for a period of two years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In order to implement the project, <\/span><i><span style=\"font-weight: 400;\">Ontotext <\/span><\/i><span style=\"font-weight: 400;\">will use technologies such as artificial intelligence (AI), machine learning and semantic modelling to link and integrate corporate data from different sources. The end product will be an in-depth tool for integrating heterogeneous data into market and business analyzes that are critical to various business operations such as customer relation management, attracting of new users, marketing campaigns, supply chain management, market analyses, study of competition, mergers and acquisitions, etc. \u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Ontotext <\/span><\/i><span style=\"font-weight: 400;\">was founded in 2000 as a technology lab at the Bulgarian software group <\/span><i><span style=\"font-weight: 400;\">Sirma Group Holding<\/span><\/i><span style=\"font-weight: 400;\">. In 2008, it spun off in an independent company and attracted funding from the venture capital fund NEVEQ. At the start of this year, the company announced a key partnership with the Canadian <\/span><i><span style=\"font-weight: 400;\">DrugBank<\/span><\/i><span style=\"font-weight: 400;\">, one of the leading databases in the field of pharmaceuticals and biotechnology. In April, it was announced that NEVEQ had sold its 26.06% stake in <\/span><i><span style=\"font-weight: 400;\">Ontotext <\/span><\/i><span style=\"font-weight: 400;\">to <\/span><i><span style=\"font-weight: 400;\">Sirma Group Holding<\/span><\/i><span style=\"font-weight: 400;\">, the majority owner of <\/span><i><span style=\"font-weight: 400;\">Ontotext<\/span><\/i><span style=\"font-weight: 400;\">, for EUR 4.2 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Under the funded project, <\/span><i><span style=\"font-weight: 400;\">Ontotext <\/span><\/i><span style=\"font-weight: 400;\">plans to use its long-term expertise and experience in the field of cognitive data analysis, on which the <\/span><i><span style=\"font-weight: 400;\">Ontotext Platform<\/span><\/i><span style=\"font-weight: 400;\"> had been created. The platform facilitates the analysis of data from heterogeneous sources and the integration of structured information and texts in knowledge graphs, which include information on billions of concepts and on the relations between them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can find more details on the specifics of the developed product in the official press release of the company<\/span><a href=\"https:\/\/sirma.bg\/news\/ontotext-won-funding-to-apply-ai-for-linking-company-data.html\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Another Bulgarian company, still in its start-up phase, will gain an opportunity to grow and develop in the field of artificial intelligence, machine self-learning and processing of natural language and algorithms. The newly established <\/span><strong><a href=\"http:\/\/connecto.ai\/\" target=\"_blank\" rel=\"noopener noreferrer\"><i>Connecto.ai<\/i><\/a><\/strong><span style=\"font-weight: 400;\"> was acquired by <\/span><i><span style=\"font-weight: 400;\">Leanplum<\/span><\/i><span style=\"font-weight: 400;\">, a company for mobile marketing, co-founded by the Bulgarian entrepreneur Momchil Kyurkchiev. <\/span><i><span style=\"font-weight: 400;\">Connecto.ai<\/span><\/i><span style=\"font-weight: 400;\"> has a team of 10 employees in Sofia and offers automated online customer service through chat boards. By being part of <\/span><i><span style=\"font-weight: 400;\">Leanplum<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">Connecto.ai<\/span><\/i><span style=\"font-weight: 400;\"> will expand its portfolio of online marketing solutions <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"12896\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/two-bulgarian-ai-companies-with-new-growth-opportunities\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-12884 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">05.07.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/accenture-to-double-its-employees-in-bulgaria\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"151\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Accenture-Sofia.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Accenture-Sofia.png 820w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Accenture-Sofia-300x113.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Accenture-Sofia-768x290.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Accenture-Sofia-600x227.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Accenture-Sofia-260x98.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Accenture-Sofia-50x19.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Accenture-Sofia-150x57.png 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/Accenture-Sofia.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/accenture-to-double-its-employees-in-bulgaria\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">05.07.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/accenture-to-double-its-employees-in-bulgaria\/\">Accenture to Double its Employees in Bulgaria<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p>&nbsp;<\/p>\n<h5><img loading=\"lazy\" class=\"wp-image-13039 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/download.png\" alt=\"Accenture-in-Sofia\" width=\"365\" height=\"97\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/download.png 437w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/download-300x79.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/download-260x68.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/download-50x13.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/07\/download-150x39.png 150w\" sizes=\"(max-width: 365px) 100vw, 365px\" \/>Industry:\u00a0 Global professional services company<\/h5>\n<h5>\u00a0In Sofia since:\u00a02008<\/h5>\n<h5>Employees: 130 (in Sofia and Plovdiv)<\/h5>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">global management consulting and professional services company <\/span><i><span style=\"font-weight: 400;\">Accenture <\/span><\/i><span style=\"font-weight: 400;\">plans to double its staff in Sofia and Plovdiv. The Bulgarian branch of the Dublin-based company announced its intentions to expand its IT team of 140 specialists by 160 within one year.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Accenture <\/span><\/i><span style=\"font-weight: 400;\">offers IT service consulting, as well as e-commerce solution developing and consulting. The Bulgarian office has a key role in the services for Southeast Europe and the expansion of the team will further strengthen its positions in the region. <\/span><i><span style=\"font-weight: 400;\">Accenture <\/span><\/i><span style=\"font-weight: 400;\">is looking for specialists with Java, SAP Hybris, Saleforce, and Adobe. The company will hire both experienced programmers and young specialists willing to learn and grow within the organization.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Accenture <\/span><\/i><span style=\"font-weight: 400;\">set foot in Bulgaria in 2015 with the acquisition of <\/span><i><span style=\"font-weight: 400;\">Javelin Group<\/span><\/i><span style=\"font-weight: 400;\">. Since then, the Bulgarian unit has proved to be one of the leading high-tech centers for the company with its few but very competent employees.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">About <\/span><i><span style=\"font-weight: 400;\">Accenture<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Accenture <\/span><\/i><span style=\"font-weight: 400;\">was founded in 1989 in the USA, but has its headquarters in Dublin, Ireland, since 2009. Today, the company employs more than 440,000 people and works with customers in 120 countries. <\/span><i><span style=\"font-weight: 400;\">Accenture\u2019s<\/span><\/i><span style=\"font-weight: 400;\"> main teams are in India, the USA and the Philippines. In 2017, the company generated total revenue of USD 34.9 billion. The tech giant has been present in Sofia and Plovdiv since 2015. The Bulgarian teams work on complete e-commerce solutions.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"alignnone size-full wp-image-11040\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/bannerfootercontactform.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/bannerfootercontactform.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/bannerfootercontactform-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/bannerfootercontactform-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/bannerfootercontactform-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/bannerfootercontactform-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/bannerfootercontactform-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/bannerfootercontactform-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"12884\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/accenture-to-double-its-employees-in-bulgaria\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-12776 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">26.06.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-timo-railo-cto-at-appzio\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Appzio-Why-Sofia-with-Timo-Railo.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Appzio-Why-Sofia-with-Timo-Railo.png 523w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Appzio-Why-Sofia-with-Timo-Railo-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Appzio-Why-Sofia-with-Timo-Railo-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Appzio-Why-Sofia-with-Timo-Railo-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Appzio-Why-Sofia-with-Timo-Railo-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Appzio-Why-Sofia-with-Timo-Railo-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Appzio-Why-Sofia-with-Timo-Railo-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Appzio-Why-Sofia-with-Timo-Railo-80x80.png 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Appzio-Why-Sofia-with-Timo-Railo.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-timo-railo-cto-at-appzio\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">26.06.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-timo-railo-cto-at-appzio\/\">&#8220;Why Sofia?&#8221; with Timo Railo, CTO at Appzio<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.appzio.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Appzio<\/a> is a Finnish-Bulgarian tech startup that is working on a revolutionary technology for building mobile applications. The company is incorporated in Sofia since 2015 and to this day has gained 600 000 EUR of investment. Currently, Appzio has an established technology and a steady revenue flow. The company is actively looking to scale their business and further expand globally.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Timo Railo, co-founder of Appzio, tells us what makes Sofia a place to launch and develop a successful business.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside? <\/b><\/p>\n<p><span style=\"font-weight: 400;\">In Bulgaria and outside of Bulgaria Appzio helps other businesses solve problems with custom mobile solutions. Our platform allows us to create native apps easier by cutting significantly the time to build them. \u2018Native\u2019 means that they are specifically created for the device\u2019s operating system and have access to all of its functionalities. The apps built with our technology are also tailored to meet the specific needs of each company, regardless of its size.<\/span><\/p>\n<p><b>What motivated you to invest in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Sofia is quickly catching up on the more mature ecosystems. The general spirit and forward-looking attitude of people and startup companies is a great motivator. Sofia has some of the best tech talents in Europe at the moment and in general is a great place to live. An additional bonus is the funding that comes from the European Union for local accelerators, funds and startups that further helps to cultivate the ecosystem.<\/span><\/p>\n<p><b>Are there other local and foreign companies here doing business in your sector?<img loading=\"lazy\" class=\" wp-image-12770 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/24232893_1405610689565200_6223415129864036178_n.png\" alt=\"\" width=\"382\" height=\"195\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/24232893_1405610689565200_6223415129864036178_n.png 831w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/24232893_1405610689565200_6223415129864036178_n-300x153.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/24232893_1405610689565200_6223415129864036178_n-768x392.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/24232893_1405610689565200_6223415129864036178_n-600x306.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/24232893_1405610689565200_6223415129864036178_n-260x133.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/24232893_1405610689565200_6223415129864036178_n-50x26.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/24232893_1405610689565200_6223415129864036178_n-147x75.png 147w\" sizes=\"(max-width: 382px) 100vw, 382px\" \/> <\/b><\/p>\n<p><span style=\"font-weight: 400;\">Yes, there are some companies in our sector working with mobile apps. Since there\u2019s a lot of development talent in\u00a0Sofia, there are multiple development studios. Yet we\u2019re different because our main focus is our unique technology which we aim to prove is the best tool for mobile app development not just locally, but on a global scale.<\/span><\/p>\n<p><b>What are the advantages of investing in Sofia? <\/b><\/p>\n<p><span style=\"font-weight: 400;\">As said there\u2019s plenty of development talent here. There are a lot of investment opportunities as well. And the general economic environment has been stable and predictable over the years.<\/span><\/p>\n<p><b>What sort of difficulties have you faced so far? <\/b><\/p>\n<p><span style=\"font-weight: 400;\">Difficulties like any startup \u2014 getting the product-market-fit right, finding good people and making sure that the revenue grows fast enough. In terms of operating <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"12776\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-timo-railo-cto-at-appzio\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-12747 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">22.06.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-nikolai-todorov-from-delishu-2\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Delishu-eng.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Delishu-eng.png 523w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Delishu-eng-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Delishu-eng-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Delishu-eng-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Delishu-eng-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Delishu-eng-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Delishu-eng-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Delishu-eng-80x80.png 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Delishu-eng.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-nikolai-todorov-from-delishu-2\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">22.06.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-nikolai-todorov-from-delishu-2\/\">&#8220;Why Sofia?&#8221; With Nikolai Todorov from Delishu<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The creators of Delishu, Nikolai Todorov, Stilyana Todorova and Maria Dimitrova, launched their activities in 2013 by creating their own unique recipe for a revolutionary probiotic \u201ccheese\u201d made of cashew, called Delishu. The product was successfully accepted in restaurants and shops in Sofia. In 2016 the team won a place in the <\/span><i><span style=\"font-weight: 400;\">Rinker\u2019s Challenge<\/span><\/i><span style=\"font-weight: 400;\"> training program for young entrepreneurs. During the training period, they created a business plan and chose a plant to produce the product in larger quantities by renting production facilities. Last year the team won a prize worth BGN 20 000 with their business plan, which will be used to form the current packaging and branding of the product.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, five years after the creation of the recipe the company has industrial production and distribution in all major cities of the country. The team aims to have its own production plant for its unique product, to develop new recipes for a larger portfolio, and to enter new markets. Delishu is prepared with a plant-based starter with live probiotic bacteria (with already filed patent application), raw cashew, non-hydrogenated bio coconut oil and Himalayan salt. In addition to its undeniable taste and health benefits, the product is suitable for lactose and gluten intolerant people as well.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nikolay Todorov, co-founder and CEO of Delishu, tells us what makes Sofia a place to launch and develop a successful business.<\/span><\/p>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and abroad?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Our investment amounts to some BGN 100 000 so far and is used for the production and development of our innovative product Delishu &#8211; a probiotic delicacy of sour cashew.<\/span><\/p>\n<p><b>What motivated you to invest in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">I was born in Sofia. I grew up here and have decided to develop professionally here. I love the unique vibe of the city.<\/span><\/p>\n<p><b>What are the advantages of investing in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Delishu is a unique product at a global level as it uses our natural resources by benefiting from the lactic acid bacteria <\/span><i><span style=\"font-weight: 400;\">Lactobacillus Bulgaricus<\/span><\/i><span style=\"font-weight: 400;\"> that are good for the stomach. This is only possible here, so our choice was brought to local production in Sofia, Bulgaria. Like any major city, Sofia offers a well-developed demand and supply market, which is a great advantage for a niche product like Delishu. In addition, Sofia is also known as a place of modern open-minded people and <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"12747\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-nikolai-todorov-from-delishu-2\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-12546 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">09.06.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/coca-cola-opens-its-2nd-largest-globally-it-center-in-sofia-2\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"225\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/CC-Classic-hero.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/CC-Classic-hero.png 598w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/CC-Classic-hero-300x169.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/CC-Classic-hero-260x146.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/CC-Classic-hero-50x28.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/CC-Classic-hero-133x75.png 133w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/CC-Classic-hero.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/coca-cola-opens-its-2nd-largest-globally-it-center-in-sofia-2\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">09.06.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/coca-cola-opens-its-2nd-largest-globally-it-center-in-sofia-2\/\">Coca-Cola Opens Its 2nd Largest Globally IT Center in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\n<h4><strong><img loading=\"lazy\" class=\" wp-image-10830 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334.jpg\" alt=\"\" width=\"339\" height=\"190\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334.jpg 596w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334-300x168.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334-260x146.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334-134x75.jpg 134w\" sizes=\"(max-width: 339px) 100vw, 339px\" \/>Industry<\/strong>: multinational beverage corporation, and manufacturer, retailer, and marketer of nonalcoholic beverage concentrates and syrups<\/h4>\n<h4><strong>In Sofia\u00a0since<\/strong>:\u00a02013<\/h4>\n<h4><strong>Employees<\/strong>: 2 100<\/h4>\n<h4><strong>Investment<\/strong>: 550\u00a0million euro<\/h4>\n<h4>since the establishment of the company in Sofia<\/h4>\n<p>&nbsp;<\/p>\n<p>The Coca-Cola Company officially opened its new regional Intelligent Technology Development Center\u00a0in\u00a0Sofia with an investment of 1,374 million leva. The Bulgaria Center is now the 2nd largest IT center of the company in the world, the biggest one is situated in Atlanta, Florida, US. The new center will deliver top-in-class services for the company\u2019s global operations. The focus areas of the center will include enterprise software solutions, data analytics, cyber security, e-trade, AI solutions, mobile applications, machine learning, robotics, infrastructure and information security. The Sofia support center will offer business solutions to the global market with a focus on Europe, the Middle East region and Africa (EMEA). It will start with 130 highly qualified specialists.<\/p>\n<p>The opening ceremony was attended by Mr. Ivaylo Moskovski, Minister of Transport and ICT, Mr. Lachezar Borissov, Deputy Minister of Economy, Mrs. Yordanka Fandakova, Mayor of Sofia, H.E. Eric Rubin, U.S. Ambassador in Bulgaria, Mr. Barry Simpson, Senior Vice President and Chief Information Officer of The Coca-Cola Company, Mr.\u00a0Vladimir Danailov, CEO of Sofia Investment Agency,\u00a0and Mr. Zheko Petrov, Head of the IT Development Center.<\/p>\n<p><b>Coca-Cola in Bulgaria<\/b><\/p>\n<p>Bulgaria was the first communist country to produce Coca-Cola \u2013 the soft drink has been manufactured here since 1965. The\u00a0<i>Coca-Cola Hellenic Bottling Company,<\/i>\u00a0one of the largest bottlers for the Coca-Cola Company, opened in 1992.\u00a0<i>Coca\u2011Cola Enterprises\u00a0<\/i>entered Bulgaria in 2013 by opening a financial center serving all Coca\u2011Cola Enterprises in Europe. The investment during the years of Coca-Cola\u2019s presence on the local market is close to 550 million euro. Currently, the company employs some 2100 people. Coca-Cola HBC produces over 320 million liters\u00a0annually\u00a0in its factory near Sofia.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11345 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"12546\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/coca-cola-opens-its-2nd-largest-globally-it-center-in-sofia-2\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-12482 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">07.06.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/festo-to-invest-25-6-mln-euro-in-a-new-production-unit-in-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"178\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia-960x427.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo-in-Sofia-1024x371.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/festo-to-invest-25-6-mln-euro-in-a-new-production-unit-in-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">07.06.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/festo-to-invest-25-6-mln-euro-in-a-new-production-unit-in-sofia\/\">Festo to Invest 25.6 mln. Euro in a New Production Unit in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\n<h4><strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Industry<\/strong>: leading supplier of pneumatic and electrical\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0automation technology<\/h4>\n<h4><strong><img loading=\"lazy\" class=\" wp-image-12753 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg.png\" alt=\"\" width=\"399\" height=\"75\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg.png 2000w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-300x56.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-768x144.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-1024x192.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-600x113.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-260x49.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-50x9.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/06\/Festo_logo.svg-150x28.png 150w\" sizes=\"(max-width: 399px) 100vw, 399px\" \/>In Sofia\u00a0since<\/strong>:\u00a02015<\/h4>\n<h4><strong>Employees<\/strong>:\u00a01 000 (Sofia and Smolyan)<\/h4>\n<h4><strong>Investment<\/strong>:\u00a035+ million euro<\/h4>\n<h4>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 since the establishment of the company in Sofia<\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The German company <\/span><i><span style=\"font-weight: 400;\">Festo <\/span><\/i><span style=\"font-weight: 400;\">plans to invest <\/span><span style=\"font-weight: 400;\">25.6 million euro<\/span><span style=\"font-weight: 400;\"> to build a stepper and motors production unit in Sofia. Along with the construction of its third production unit in Sofia, the company intends to <\/span><span style=\"font-weight: 400;\">increase its workforce in Bulgaria to 2,000 employees by 2020. <\/span><span style=\"font-weight: 400;\">Currently, <\/span><i><span style=\"font-weight: 400;\">Festo <\/span><\/i><span style=\"font-weight: 400;\">employs 1,000 people in the country. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Festo opened its Sofia factory in 2015 with an initial investment of 9.7 <\/span><span style=\"font-weight: 400;\">million euro.<\/span> <span style=\"font-weight: 400;\">The German company concentrates 95% of its production of microsensors in Bulgaria. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The German company has 250 offices around the world as well as service support in 176 countries including Montenegro, Slovenia, Serbia, and Romania. It has 300,000 customers worldwide and invests 8% of its annual turnover in research and development.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11344 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"12482\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/festo-to-invest-25-6-mln-euro-in-a-new-production-unit-in-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-11833 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">01.05.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/behr-hella-thermocontrol-to-invest-in-its-fifth-production-line-in-the-sofia-bozhurishte-economic-zone\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Bozhurishte-Economic-Zone-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Bozhurishte-Economic-Zone-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Bozhurishte-Economic-Zone-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Bozhurishte-Economic-Zone-1024x315.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/behr-hella-thermocontrol-to-invest-in-its-fifth-production-line-in-the-sofia-bozhurishte-economic-zone\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">01.05.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/behr-hella-thermocontrol-to-invest-in-its-fifth-production-line-in-the-sofia-bozhurishte-economic-zone\/\">Behr-Hella Thermocontrol to Invest in its Fifth Production Line in the Sofia-Bozhurishte Economic Zone<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\n<h5><img loading=\"lazy\" class=\"size-full wp-image-11920 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/05\/Behr-Hella-Sofia.png\" alt=\"Behr-Hella Sofia\" width=\"313\" height=\"161\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/05\/Behr-Hella-Sofia.png 313w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/05\/Behr-Hella-Sofia-300x154.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/05\/Behr-Hella-Sofia-260x134.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/05\/Behr-Hella-Sofia-50x26.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/05\/Behr-Hella-Sofia-146x75.png 146w\" sizes=\"(max-width: 313px) 100vw, 313px\" \/>Industry: Development and production of spare automotive parts for engine cooling and vehicle air conditioning<\/h5>\n<h5>In Sofia since: 2013<\/h5>\n<h5>Employees:\u00a0400<\/h5>\n<h5>Investment: BGN 42,5 million<\/h5>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">German global leading automotive parts manufacturer <\/span><i><span style=\"font-weight: 400;\">\u0412\u0435hr-\u041d\u0435ll\u0430 \u0422h\u0435rm\u043e\u0441\u043entr\u043el (\u0412\u041d\u0422\u0421)<\/span><\/i><span style=\"font-weight: 400;\"> will increase its production capacity in Bulgaria by launching its fifth production line in its plant in Bozhurishte Economic Zone.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u0412\u041d\u0422\u0421 has reported increased customer demand &#8211; the supply contracts signed with new customers require capacity ex<\/span><span style=\"font-weight: 400;\">pansion, which will be met by the opening of a new production line in the industrial area on the outskirts of Sofia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The exact amount of the investment is not specified, but it will probably cover the construction of a completely new production hall to the current plant, where some 200 new employees will work.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11344 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"11833\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/behr-hella-thermocontrol-to-invest-in-its-fifth-production-line-in-the-sofia-bozhurishte-economic-zone\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-11825 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">01.05.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/lidl-chooses-sofia-to-open-its-fourth-high-tech-it-development-center-in-europe\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl_Digital-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl_Digital-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl_Digital-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl_Digital-1024x709.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/lidl-chooses-sofia-to-open-its-fourth-high-tech-it-development-center-in-europe\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">01.05.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/lidl-chooses-sofia-to-open-its-fourth-high-tech-it-development-center-in-europe\/\">LIDL Chooses Sofia to Open its Fourth High-Tech IT Development Center in Europe<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<h5><img loading=\"lazy\" class=\" wp-image-11914 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg.png\" alt=\"\" width=\"153\" height=\"153\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg.png 2000w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg-768x768.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg-1024x1024.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg-600x600.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Lidl-Logo.svg-80x80.png 80w\" sizes=\"(max-width: 153px) 100vw, 153px\" \/>Industry: German global discount supermarket chain<\/h5>\n<h5>In Sofia since: 2010<\/h5>\n<h5>Employees:\u00a02 300<\/h5>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The<\/span><span style=\"font-weight: 400;\"> German supermarket chain <\/span><i><span style=\"font-weight: 400;\">Lidl <\/span><\/i><span style=\"font-weight: 400;\">chose Sofia to be its fourth location in Europe to open a high-tech IT development center. The <\/span><i><span style=\"font-weight: 400;\">Lidl Digital<\/span><\/i><span style=\"font-weight: 400;\"> unit starts with a team of 25 people. In addition, it is planned to further grow with 100 more specialists to handle IT solutions serving all markets where the chain also sells online as a complementary service to the physical location of the stores.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lidl chose Bulgaria among other European countries due to the availability of highly qualified IT specialists and the dynamic development of the sector in the country. The company also has development centers in Germany, Spain and Romania.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cThe fact that such center will also be opened in Bulgaria is an exceptional recognition and pride for us. This proves the successful and sustainable development of our business and the great trust we have won to manage such important projects for Lidl\u201d<\/span><\/i><span style=\"font-weight: 400;\">, Milena Dragiyska, CEO of Lidl Bulgaria said in the official press release of the company in Bulgaria.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>Lidl is a retail leader in Europe and has been present in the Bulgarian market since 2010. The chain has 87 stores in 46 cities in Bulgaria and two logistic bases. The company employs about 2 300 in Bulgaria. It plans to add another 300 people to its team by the end of the year, for 7 new stores in the country.<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">For its 7-year presence in the country, Lidl Bulgaria established a sustainable partnership with Bulgarian food producers using traditional Bulgarian recipes. A month ago, the company announced double growth in the sales of products under the <\/span><i><span style=\"font-weight: 400;\">Rodna Stryaha<\/span><\/i><span style=\"font-weight: 400;\"> brand over the last year. It also said that the Bulgarian producers generated profit of more than BGN 15 million from sales of products through the chain\u2019s stores in 22 other countries. Lidl Bulgaria works with 31 Bulgarian suppliers for the <\/span><i><span style=\"font-weight: 400;\">Rodna Stryaha<\/span><\/i><span style=\"font-weight: 400;\"> brand and 20 Bulgarian companies sell through the chain outside the country as well.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11344 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"11825\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/lidl-chooses-sofia-to-open-its-fourth-high-tech-it-development-center-in-europe\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-11429 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">12.04.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/telus-international-opened-its-new-head-office-in-the-newly-built-city-tower-in-sofia-and-plans-to-add-2000-employees-by-2020\/\"><div class=\"mask\"><\/div><img width=\"303\" height=\"166\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1.png 303w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1-300x164.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1-260x142.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1-50x27.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1-137x75.png 137w\" sizes=\"(max-width: 303px) 100vw, 303px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/telus-international-opened-its-new-head-office-in-the-newly-built-city-tower-in-sofia-and-plans-to-add-2000-employees-by-2020\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">12.04.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/telus-international-opened-its-new-head-office-in-the-newly-built-city-tower-in-sofia-and-plans-to-add-2000-employees-by-2020\/\">TELUS International Opened Its New Head Office in the Newly-Built City Tower in Sofia and Plans to Add 2,000 Employees by 2020<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\n<h4><i><strong><img loading=\"lazy\" class=\" wp-image-11207 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1.png\" alt=\"\" width=\"372\" height=\"204\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1.png 303w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1-300x164.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1-260x142.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1-50x27.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Telus_logo.svg-1-137x75.png 137w\" sizes=\"(max-width: 372px) 100vw, 372px\" \/><\/strong><\/i><\/h4>\n<h5>Industry:\u00a0BPO and ITO provider, delivering high-quality services for global customers in over 35+ languages<\/h5>\n<h5>In Sofia since: 2012<\/h5>\n<h5>Employees:\u00a02 600+ (in Sofia and Plovdiv)<\/h5>\n<h5>Investment: over 150\u00a0million euro since the establishment of the company in Sofia<\/h5>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>\u0422\u0415LU\u0405 \u0406nt\u0435rn\u0430t\u0456\u043en\u0430l \u0415ur\u043e\u0440\u0435 &#8211; the country\u2019s largest BPO and ITO employer, announced its plans to recruit 2,000 new employees by 2020 at its hubs in Sofia and Plovdiv.\u00a0Thus, the company, which currently employs more than 2,600\u00a0employees\u00a0in the country, will increase its\u00a0staff\u00a0to nearly 5,000.\u00a0The company\u2019s management announced its growth plans at the official opening of the new head office of TELUS International Europe in the newly-built City Tower office building at Macedonia Square in Sofia.<\/p>\n<p>TELUS International occupies 6 floors of the building, with a total capacity of 2,300 people. Currently, the company employs 1,500 people there. TELUS is the largest tenant in the new 23-storey business center built in accordance with the latest standards of sustainable construction. That is why the building will soon change its name from City Tower to TELUS Tower. The company will also retain its other office in Sofia, located in Infinity Tower, next to Bulgaria Mall, where another 1 200 employees will continue to work.<\/p>\n<p><iframe loading=\"lazy\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/ndXnB4mKAD4?feature=oembed\" frameborder=\"0\" allow=\"autoplay; encrypted-media\" allowfullscreen><\/iframe><\/p>\n<p>In Bulgaria, Telus hires new employees every month, including foreign citizens from Europe, North America and other countries, as its divisions work with inquiries and customers from around the world.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11345 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"11429\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/telus-international-opened-its-new-head-office-in-the-newly-built-city-tower-in-sofia-and-plans-to-add-2000-employees-by-2020\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-11416 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">11.04.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/aes-bulgaria-expands-its-shared-service-center-in-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"292\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Sofia-Bulgaria-Energy-Sector.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Sofia-Bulgaria-Energy-Sector.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Sofia-Bulgaria-Energy-Sector-300x219.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Sofia-Bulgaria-Energy-Sector-200x146.jpg 200w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Sofia-Bulgaria-Energy-Sector-50x37.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Sofia-Bulgaria-Energy-Sector-103x75.jpg 103w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/04\/Sofia-Bulgaria-Energy-Sector.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/aes-bulgaria-expands-its-shared-service-center-in-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">11.04.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/aes-bulgaria-expands-its-shared-service-center-in-sofia\/\">AES Bulgaria Expands its Shared Service Center in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<h4><\/h4>\n<h5><img loading=\"lazy\" class=\" wp-image-10856 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/aes_416x416.jpg\" alt=\"\" width=\"245\" height=\"245\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/aes_416x416.jpg 416w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/aes_416x416-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/aes_416x416-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/aes_416x416-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/aes_416x416-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/aes_416x416-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/aes_416x416-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/aes_416x416-80x80.jpg 80w\" sizes=\"(max-width: 245px) 100vw, 245px\" \/><\/h5>\n<h4><\/h4>\n<h4><strong>Industry: diversified power generation facilities<\/strong><\/h4>\n<h4><strong>In\u00a0Sofia since: 2013\u00a0<\/strong><\/h4>\n<h4><strong>Employees: 100<\/strong><\/h4>\n<h4><strong>Investment: BGN 2 million<\/strong><\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>The leading investor in the Bulgarian energy sector,\u00a0<a href=\"http:\/\/aes.bg\/\" target=\"_blank\" rel=\"noopener noreferrer\">AES Bulgaria<\/a>, opened its expanded Regional Shared Service Center in Sofia. Currently, the Shared Service Center in Sofia employs more than 100 highly qualified employees responsible for\u00a0the company\u2019s business in the areas of Finance, IT, Supply, Human resources and Communications for 7 countries \u2013 Bulgaria, Jordan, the Netherlands, the United Kingdom and Ireland, India, the Philippines and Vietnam.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>AES Bulgaria&#8217;s expansion in Sofia<\/strong><\/p>\n<p>The company launched its regional center in 2013 with 15 employees. It initially served the company\u2019s business in the fields of Finance, IT, Supply and Delivery for Europe and the Middle East. In 2016 and 2017, the center was expanded significantly, by adding the Human resources and Communications functions. Currently, the Shared Service Center in Sofia employs more than 100 highly qualified employees and their number is expected to grow. As of 2017, the Centre, which represents <strong>an investment of over BGN 2 million, serves all businesses of the company in Europe and Asia.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Why Sofia<\/strong><\/p>\n<p>Olivier Marquette, President of AES Bulgaria:<\/p>\n<p><em>In recent years Bulgaria has been one of the countries in Europe where AES invests consistently and gradually expands its portfolio of assets. With the opening and the following expansion of the Shared Service Center, the country has proved to be a regional center that will be of growing importance for AES. I am convinced that the highly qualified specialists and the strategic position of Bulgaria will have a decisive role in attracting investments in the future.<\/em><\/p>\n<p>The decision to open a Shared Service Center in Bulgaria was taken by the AES Senior Executive Team based on the country\u2019s competitive advantages: the availability of highly qualified specialists, the favorable investment environment, the geographical location, as well as the political and macroeconomic stability of Bulgaria,\u00a0sais the\u00a0<a href=\"http:\/\/aes.bg\/aes-bulgaria-opens-expanded-shared-service-center-sofia\/?lang=en\" target=\"_blank\" rel=\"noopener noreferrer\">official statement\u00a0<\/a>\u00a0of the company.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11345 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"11416\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/aes-bulgaria-expands-its-shared-service-center-in-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-11369 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.04.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/finnish-company-cargotec-chooses-sofia-for-its-new-global-business-service-center\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-1024x768.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/finnish-company-cargotec-chooses-sofia-for-its-new-global-business-service-center\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.04.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/finnish-company-cargotec-chooses-sofia-for-its-new-global-business-service-center\/\">Finnish Company Cargotec Chooses Sofia for Its New Global Business Service Center<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p>&nbsp;<\/p>\n<h4><i><strong><img loading=\"lazy\" class=\"wp-image-10836 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/cargotec-logo.png\" alt=\"\" width=\"402\" height=\"133\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/cargotec-logo.png 390w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/cargotec-logo-300x99.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/cargotec-logo-260x86.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/cargotec-logo-50x17.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/cargotec-logo-150x50.png 150w\" sizes=\"(max-width: 402px) 100vw, 402px\" \/><\/strong><\/i><strong>Industry:<\/strong> cargo-handling machinery for ships, ports, terminals and local distribution<\/h4>\n<h4><strong>In Sofia since<\/strong>: 2017<\/h4>\n<h4><strong>Employees<\/strong>: 130<\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-10164 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265.jpg\" alt=\"Cargotec-Center-in-Sofia\" width=\"256\" height=\"192\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265.jpg 4032w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-300x225.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-768x576.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-1024x768.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-600x450.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-195x146.jpg 195w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/IMG_8265-100x75.jpg 100w\" sizes=\"(max-width: 256px) 100vw, 256px\" \/>Finnish cargo-handling machinery maker Cargotec opened its new global Cargotec Business Service (CBS) centre in Sofia, the capital of Bulgaria. The investment demonstrates Cargotec&#8217;s confidence in the local team of dedicated professionals and the Bulgarian talent pool to help company&#8217;s growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The CBS team presently consists of 130 people; however, it is expected that it would expand significantly over the coming years. The aim is to develop and deliver world-class global business support services in the fields of finance, human resources, information management, as well as indirect procurement. \u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Why Sofia<\/b><\/p>\n<p><span style=\"font-weight: 400;\">After due diligence process in April 2017, Cargotec Automation Systems chooses Sofia among 8 different locations. The company&#8217;s operations in Sofia begin four months later, in August 2017, with 40 employees fluent in 10 different languages. Sofia wins over the remaining 7 possible locations with its pool of 36,000 qualified professionals in the sector, its competitive economic environment and the support received by a number of local partners during the process of establishment. The Cargotec team currently occupies two floors of the newly built Millenium Center business tower at the very heart of Sofia. Since January 2018, the Sofia office employs nearly 140 specialists in 6 divisions &#8211; Finance, Human Resources, Orders management, Logistics, Customer service, and IT. The company&#8217;s accounting department handles the documentation of 45,000 orders per month.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Maya Milanova, Head of Cargotec Business Services<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Our investment in the modern office in the heart of Sofia is a long-term commitment with a focus on continuous improvement. We plan to grow and are on the lookout for people who are future-oriented and eager to develop their skills in a global company and lead the way in building smarter business services.<\/span><\/i><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/www.cargotec.com\" target=\"_blank\" rel=\"noopener noreferrer\">Cargotec<\/a> (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec&#8217;s business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimize global cargo flows and create sustainable customer value. Cargotec&#8217;s sales in 2016 totaled approximately EUR 3.5 billion and it employs over 11,000 people.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11345 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"11369\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/finnish-company-cargotec-chooses-sofia-for-its-new-global-business-service-center\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-11360 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.04.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/coca-cola-to-invest-20-mln-euro-in-its-production-factory-near-sofia-2\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"225\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/01\/Ofitsialni-Gosti.rendition.598.336.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/01\/Ofitsialni-Gosti.rendition.598.336.jpg 598w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/01\/Ofitsialni-Gosti.rendition.598.336-300x169.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/01\/Ofitsialni-Gosti.rendition.598.336-260x146.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/01\/Ofitsialni-Gosti.rendition.598.336-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/01\/Ofitsialni-Gosti.rendition.598.336-133x75.jpg 133w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/01\/Ofitsialni-Gosti.rendition.598.336.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/coca-cola-to-invest-20-mln-euro-in-its-production-factory-near-sofia-2\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.04.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/coca-cola-to-invest-20-mln-euro-in-its-production-factory-near-sofia-2\/\">Coca-Cola HBC To Invest 20 mln Euro in Its Production Factory Near Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<h4><strong><img loading=\"lazy\" class=\" wp-image-10830 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334.jpg\" alt=\"\" width=\"359\" height=\"201\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334.jpg 596w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334-300x168.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334-260x146.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/the_logo_story_01122014_596x334-134x75.jpg 134w\" sizes=\"(max-width: 359px) 100vw, 359px\" \/>Industry<\/strong>: multinational beverage corporation, and manufacturer, retailer, and marketer of nonalcoholic beverage concentrates and syrups<\/h4>\n<h4><strong>In Sofia since<\/strong>:\u00a01992<\/h4>\n<h4><strong>Employees<\/strong>:\u00a02 100<\/h4>\n<h4><strong>Investment<\/strong>: 550\u00a0million euro<\/h4>\n<h4>since the establishment of the company in Sofia<\/h4>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The Bulgarian unit of Coca-Cola Hellenic Bottling Company (HBC) announced it will invest 20 million euro by early 2019 to expand its factory operations located 15 km away from Sofia, in Kostinbrod. The new investment will increase the company&#8217;s production capacity by 30%. Coca-Cola also revealed its plans <\/span><span style=\"font-weight: 400;\">to open an IT development center in the capital. <\/span>The intelligent<span style=\"font-weight: 400;\"> technology development centre <\/span><span style=\"font-weight: 400;\">will develop data analysis and training solutions, mobile applications and software products for information security, marketing, financial and technical activities of the manufacturer. The products of the development hub in Sofia will be used globally, with the main focus on the markets in Europe, Africa and the Middle East.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The investment comes shortly after the company made the decision to relocate all its Finance and HR working places from Weimar, Germany to Bulgaria. <\/span><span style=\"font-weight: 400;\">\u00a0The aim of the new investment is to make the Sofia-based manufacturing plant a regional center and to export production to other countries in the region and to more distant countries.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Coca-Cola in Bulgaria<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The conglomerate celebrates its 25th Anniversary on the Bulgarian market, but the soft drink has been manufactured in Bulgaria since 1965, being the first communist country to produce Coca-Cola. The 750 ml glass bottle is fully designed by the Bulgarian team of the company and the production of Cyrillic bottles range of the soft drink is a complete precedent. The HBC investment for the years of presence on the local market is close to 550 million euro. Currently, the company employs some 2 100 people. Annually, Coca-Cola HBC produces over 320 million liters in its factory near Sofia.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11345 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"11360\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/coca-cola-to-invest-20-mln-euro-in-its-production-factory-near-sofia-2\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-11357 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">06.04.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/melexis-to-invest-e75m-to-expand-its-operations-in-bulgaria-2\/\"><div class=\"mask\"><\/div><img width=\"340\" height=\"191\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-Manufacturing-Sofia.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-Manufacturing-Sofia.jpg 340w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-Manufacturing-Sofia-300x169.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-Manufacturing-Sofia-260x146.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-Manufacturing-Sofia-50x28.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-Manufacturing-Sofia-134x75.jpg 134w\" sizes=\"(max-width: 340px) 100vw, 340px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-Manufacturing-Sofia.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/melexis-to-invest-e75m-to-expand-its-operations-in-bulgaria-2\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">06.04.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/melexis-to-invest-e75m-to-expand-its-operations-in-bulgaria-2\/\">Melexis to Invest \u20ac75M to Expand Its Operations in Bulgaria<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">\n<h4><strong><img loading=\"lazy\" class=\" wp-image-11050 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-1.png\" alt=\"\" width=\"160\" height=\"160\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-1.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-1-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-1-300x300.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-1-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-1-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-1-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-1-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Melexis-1-80x80.png 80w\" sizes=\"(max-width: 160px) 100vw, 160px\" \/>Industry<\/strong>: Global supplier of micro-electronic semiconductor solutions\u00a0in the automotive sector<\/h4>\n<h4><strong>In\u00a0Sofia since<\/strong>: 2000<\/h4>\n<h4><strong>Employees<\/strong>: 425 \/aiming to grow to 735\u00a0by 2022\/<\/h4>\n<h4>Investment: 75\u00a0million euros<\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The Belgium-based electronic components producer Melexis plans to double its production capacity in Sofia, where the largest manufacturing facility of the company is currently located. Over the next five years, <strong>Melexis will invest 75 million euro to significantly extend its R&amp;D activities<\/strong>, as well as its warehousing facilities, adding additional 15.000 sqm to its existing 7.500 sqm facilities in Sofia. Melexis\u2019 Sofia-based workforce is expected to reach nearly 575 employees by the end of 2018, and the total will grow by another 160 people till 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The investment in Sofia is part of the expansion of Melexis in strategic European locations <strong>to help the company meet growth plans in logistics, manufacturing and R&amp;D activities that will bring additional capacity to meet the growing demand<\/strong> for the services and solutions that the company designs, manufactures and renders in the automotive microelectronic sector.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">We\u2019ve managed to reach an important milestone in our project, reaffirming the intentions we have been pursuing together over the last 3 years. We have faced difficult moments that we managed to successfully overcome, thanks to the support we received from you. Thank you for this!<\/span><\/i><span style=\"font-weight: 400;\">, says Sylvain Collot, Manager of Melexis Bulgaria, in his letter to Sofia Municipality and Sofia Investment Agency.<\/span><\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11345 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"11357\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/melexis-to-invest-e75m-to-expand-its-operations-in-bulgaria-2\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-10705 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">12.03.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/uk-based-ocado-technology-to-triple-its-team-in-sofia-for-a-standalone-software-development-center-in-bulgaria\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"257\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter-960x616.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter-1024x473.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/uk-based-ocado-technology-to-triple-its-team-in-sofia-for-a-standalone-software-development-center-in-bulgaria\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">12.03.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/uk-based-ocado-technology-to-triple-its-team-in-sofia-for-a-standalone-software-development-center-in-bulgaria\/\">UK-based Ocado Technology to Triple Its Team in Sofia For a Standalone Software Development Center in Bulgaria<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<h4><span style=\"font-weight: 400;\"><strong><img loading=\"lazy\" class=\" wp-image-10865 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15.jpg\" alt=\"\" width=\"188\" height=\"188\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15.jpg 900w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15-768x768.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15-600x600.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado_Technology_Logo_15-80x80.jpg 80w\" sizes=\"(max-width: 188px) 100vw, 188px\" \/><\/strong><\/span><span style=\"font-weight: 400;\"><strong>Industry<\/strong>: Technology division of Ocado Group, developing world-class systems and solutions in the areas of robotics, machine learning, simulation, data science, forecasting and routing, inference engines, big data, real-time control, and more<\/span><\/h4>\n<h4><span style=\"font-weight: 400;\"><strong>In Sofia since<\/strong>: 2016\u00a0<\/span><\/h4>\n<h4><span style=\"font-weight: 400;\"><strong>Employees<\/strong>: 425 \/aiming to grow to<\/span>\u00a0<span style=\"font-weight: 400;\">735\u00a0by 2022\/<\/span><\/h4>\n<h4><span style=\"font-weight: 400;\"><strong>Investment<\/strong>: 75 million euro<\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"wp-image-10622 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter.jpg\" alt=\"\" width=\"506\" height=\"234\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter.jpg 1333w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter-300x139.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter-768x355.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter-1024x473.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter-600x277.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter-260x120.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter-50x23.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/03\/Ocado-Newsletter-150x69.jpg 150w\" sizes=\"(max-width: 506px) 100vw, 506px\" \/>UK-based Ocado Technology, the technology division of Ocado Group, <strong>to expand its existing team in Sofia from 50 to 150 engineers thus setting up its own dedicated and standalone software development center in Sofia<\/strong>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company has signed a five-year lease for two floors totaling 2,000 m2 of floor space in a new office building close to Vitosha Metro Station and Paradise Center. The Sofia software development center will work on Ocado Technology\u2019s world-class systems and solutions in the areas of robotics, machine learning, simulation, data science, warehouse control, in-store picking, and more.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ocado Technology initially opened the Sofia development center in 2016 by collaborating with Questers, a technology \u201cbuild, operate and transfer\u201d services company, also based in the UK and present in Bulgaria since 2007. Ocado Technology Sofia has successfully attracted nearly 50 highly qualified employees in little over a year. Based on the quality of technologists hired, Ocado Technology has decided to create a significant independent presence in Sofia.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Several teams in Sofia will work on The Ocado Smart Platform &#8211; the company\u2019s end-to-end solution designed to power all aspects of a grocery retailer&#8217;s e-commerce business, Richard Haywood, head of Ocado Technology Sofia said in the official press release of the company. According to Mr. Haywood, moving into a brand new office will help Ocado grow further and build a collaborative environment to enable the team to continue to solve challenging problems. <\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>The development center in Sofia is Ocado Technology\u2019s fourth location outside the UK, alongside two offices in Poland and one in Spain.<\/strong> Working with Colliers International, a leading real estate consultancy, Ocado Technology have found a great location for the office situated next to Paradise Center Mall, with easy access to the city center via the Vitosha metro station, the Ring road and local buses and trams. <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><iframe loading=\"lazy\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/iogFXDWqDak?feature=oembed\" frameborder=\"0\" allow=\"autoplay; encrypted-media\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p><b>About Ocado Technology<\/b><\/p>\n<p>Ocado Technology is developing world-class systems and solutions in the areas of robotics, machine learning, simulation, data science, forecasting and routing, inference engines, big data, real-time control, and more.<\/p>\n<p>Ocado Technology enables <a href=\"http:\/\/ocado.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ocado.com<\/a>, the world\u2019s largest <\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"10705\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/uk-based-ocado-technology-to-triple-its-team-in-sofia-for-a-standalone-software-development-center-in-bulgaria\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-10384 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">14.02.2018<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-zhivko-ivanov-and-dimitar-georgiev-from-the-institute-for-medical-research\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"267\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420-112x75.jpg 112w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-zhivko-ivanov-and-dimitar-georgiev-from-the-institute-for-medical-research\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">14.02.2018<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-zhivko-ivanov-and-dimitar-georgiev-from-the-institute-for-medical-research\/\">&#8220;Why Sofia?&#8221; with Zhivko Ivanov and Dimitar Georgiev from the Institute for Medical Research<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\" wp-image-10379 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420.jpg\" alt=\"Institute-for-Medical-Research-Sofia\" width=\"488\" height=\"327\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2018\/02\/shutterstock_437704420-112x75.jpg 112w\" sizes=\"(max-width: 488px) 100vw, 488px\" \/>The Institute for Medical Research was set up in 2006 as a private scientific medical company. It started its active operation in 2015 when a physician and a financier became the Institute\u2019s driving force and for the fourth straight year have been developing the IMR as the first fully private research institute in the field of medicine in Bulgaria. The managing partners Dr. Dimitar Georgiev and Zhivko Ivanov have managed to attract to the cause a wonderful and enthusiastic team of young scientists ready to pursue their scientific dreams and contribute to the development of modern science in Bulgaria. An investment of nearly BGN 100 000 gives the Institute the opportunity to complement its team with more young and intelligent people with a bold look at science, working in a modern way. Currently, the IMR keeps up with modern trends &#8211; it does not build its own laboratories, but rents available laboratories in Sofia after winning a scientific grant for its own research.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Though slowly, the team\u2019s efforts begin to pay off and at the end of 2017 the IMR also won the Innovative Enterprise of the Year in the field of medicine.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dr. Dimitar Georgiev and Zhivko Ivanov share their critical insights into the environment for successful realization in Sofia in the field of scientific research, biotechnology and medicine.<\/span><\/p>\n<p><b>Tell us about your investment in Sofia? What kind of business does your company do here and in foreign markets?<\/b><\/p>\n<p><em>Zhivko Ivanov<\/em><span style=\"font-weight: 400;\"><em>:<\/em> Our company is a research institute in the field of medicine. Our business model is to work on interesting scientific projects after receiving a specific assignment. Currently, we are working on projects of several international organizations and the activity is entirely conducted in Sofia.<\/span><\/p>\n<p><em>Dr. Georgiev<\/em><span style=\"font-weight: 400;\"><em>:<\/em> We have created a private scientific medical company in order to seek funding and work on interesting scientific projects in the field of medicine and the so called Life Sciences<\/span><\/p>\n<p><b>What was your motivation to start a business in Sofia?<\/b><\/p>\n<p><em>Zhivko Ivanov<\/em><span style=\"font-weight: 400;\"><em>:<\/em> I believe Sofia is a good place to do business. It offers a very good ecosystem of young and knowledgeable people, as well as good transport links. The fact is that it still sounds exotic as a science destination for our partners from Western Europe, but that is the challenge we take up.<\/span><\/p>\n<p><b>What are the advantages of the city?<\/b><\/p>\n<p><em>Dr. Georgiev<\/em><span style=\"font-weight: 400;\"><em>:<\/em> Quality and still <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"10384\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-zhivko-ivanov-and-dimitar-georgiev-from-the-institute-for-medical-research\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-9183 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">09.11.2017<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/lufthansa-technik-sofia-invests-eur-35-mln-in-a-move-to-make-its-sofia-airport-base-the-largest-in-europe\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"260\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1.jpg 430w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1-300x195.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1-224x146.jpg 224w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1-115x75.jpg 115w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/lufthansa-technik-sofia-invests-eur-35-mln-in-a-move-to-make-its-sofia-airport-base-the-largest-in-europe\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">09.11.2017<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/lufthansa-technik-sofia-invests-eur-35-mln-in-a-move-to-make-its-sofia-airport-base-the-largest-in-europe\/\">Lufthansa Technik Sofia Invests EUR 35 Mln in a Move to Make its Sofia Airport Base the Largest in Europe<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<h4><strong><img loading=\"lazy\" class=\" wp-image-11037 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/lht_vipsmas_64_blue_tag_gray_down_rgb-1024x269-1.png\" alt=\"\" width=\"193\" height=\"193\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/lht_vipsmas_64_blue_tag_gray_down_rgb-1024x269-1.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/lht_vipsmas_64_blue_tag_gray_down_rgb-1024x269-1-150x150.png 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/lht_vipsmas_64_blue_tag_gray_down_rgb-1024x269-1-146x146.png 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/lht_vipsmas_64_blue_tag_gray_down_rgb-1024x269-1-50x50.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/lht_vipsmas_64_blue_tag_gray_down_rgb-1024x269-1-75x75.png 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/lht_vipsmas_64_blue_tag_gray_down_rgb-1024x269-1-85x85.png 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/lht_vipsmas_64_blue_tag_gray_down_rgb-1024x269-1-80x80.png 80w\" sizes=\"(max-width: 193px) 100vw, 193px\" \/><\/strong><\/h4>\n<h4><strong>Industry<\/strong>: L<em>eading<\/em>\u00a0provider of maintenance, repair and overhaul (<wbr \/>MRO) for civil aircraft, its engines and components<\/h4>\n<h4><strong>In Sofia\u00a0since<\/strong>:\u00a02008<\/h4>\n<h4><strong>Employees<\/strong>:\u00a01,100 &#8211; 1,300<\/h4>\n<h4><strong>Investment:<\/strong>\u00a0100 million euro since the establishment of the company in Sofia<\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"wp-image-9004 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1.jpg\" alt=\"Lufthansa-Technik-Sofia-expands-capacity\" width=\"301\" height=\"197\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1.jpg 430w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1-300x195.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1-224x146.jpg 224w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/11\/2017-LHT-Sofia-Hangar-1-115x75.jpg 115w\" sizes=\"(max-width: 301px) 100vw, 301px\" \/>With its investment of EUR 35 million, Lufthansa Technik Sofia (LHT) has completed the expansion of its base at Sofia Airport, making it the largest in Europe. Following the investment, the capacity of the civil aviation repairs and maintenance center includes a new hangar and a new 8-storey building with offices and workshops.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The investment will help the center to boost its production capacity by 60% and to be able to service 8 machines simultaneously. LHT Bulgaria employs 1,100 employees, as this number will exceed 1,300 with the expansion of the base. The total investment since the establishment of the company 10 years ago amounts to 100 million euros on an area of 64,000 square meters.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Lufthansa Technik Sofia<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Lufthansa Technik is based in Hamburg, Germany and serves the repair and maintenance of civil airplanes Airbus, Boeing and Embraer of European and U.S. airlines. <a href=\"https:\/\/www.lufthansa-technik.com\/lufthansa-technik-sofia\" target=\"_blank\" rel=\"noopener noreferrer\">The base of Sofia Airport<\/a> was opened in 2008 as a joint venture between Lufthansa Technik AG with majority shareholding and Bulgarian Aviation Group holding nearly 25%. The business in Sofia is focused on detecting and repairing structural defects of airplanes, mainly Airbus. In addition to technical work, the division also offers other services such as full painting of machines, interior work and other auxiliary activities. In Europe, LTH has four other repair divisions &#8211; Berlin, Malta, Budapest and Shannon, Ireland.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11344 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"9183\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/lufthansa-technik-sofia-invests-eur-35-mln-in-a-move-to-make-its-sofia-airport-base-the-largest-in-europe\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-8784 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">19.10.2017<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/endava-opens-its-new-office-in-sofia-to-accommodate-up-to-400-it-specialists-by-2020\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"267\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/21687747_1476294742407661_2066221521442877664_n-960x640.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/21687747_1476294742407661_2066221521442877664_n.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/21687747_1476294742407661_2066221521442877664_n-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/21687747_1476294742407661_2066221521442877664_n-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/21687747_1476294742407661_2066221521442877664_n-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/21687747_1476294742407661_2066221521442877664_n-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/21687747_1476294742407661_2066221521442877664_n-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/21687747_1476294742407661_2066221521442877664_n-113x75.jpg 113w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/21687747_1476294742407661_2066221521442877664_n.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/endava-opens-its-new-office-in-sofia-to-accommodate-up-to-400-it-specialists-by-2020\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">19.10.2017<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/endava-opens-its-new-office-in-sofia-to-accommodate-up-to-400-it-specialists-by-2020\/\">Endava Opens its New Office in Sofia to Accommodate up to 400 IT Specialists by 2020<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">&nbsp;\n<h4><strong><img loading=\"lazy\" class=\" wp-image-8593 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/index.png\" alt=\"\" width=\"314\" height=\"107\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/index.png 385w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/index-300x102.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/index-260x88.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/index-50x17.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/index-150x51.png 150w\" sizes=\"(max-width: 314px) 100vw, 314px\" \/>Industry<\/strong>: Global\u00a0leader in IT services in Finance, Insurance, Telecommunications, Media, Technology, and Retail<\/h4>\n<h4><strong>In Sofia\u00a0since<\/strong>:\u00a02016<\/h4>\n<h4><strong>Employees<\/strong>: 80 \/aiming to grow to 180 by mid of 2018, and up to 400 by the end of 2020\/<\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>At the end of September, the international IT company <a href=\"http:\/\/www.endava.com\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\">Endava<\/a> opened a new office in Sofia, thus making the first step towards stable expansion of its team in Bulgaria. Strengthening its delivery capability in Central Europe, Endava entered the Bulgarian market at the end of 2016, through its merger with the software development company ISDC. The company announced its intention to increase the number of employees over the next three years. Currently Envada operates with 70 local developers, aiming to grow to 180 by mid of 2018, and up to 400 by the end of 2020.<\/p>\n<p>The new office space spreads over 2 floors with the total area of 2,200 square meters in the newly-built Millennium Business Center in the very heart of the city. The workplace has 14 conference rooms, coffee and lounge areas, game room, library and parking places.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\">\n<p lang=\"en\" dir=\"ltr\">Aiming to grow to up to 400 Endavans locally by 2020, last week, we celebrated our new office space in Sofia. <a href=\"https:\/\/t.co\/hAKsk4sHPm\">https:\/\/t.co\/hAKsk4sHPm<\/a> <a href=\"https:\/\/t.co\/eJHGLAmi5x\">pic.twitter.com\/eJHGLAmi5x<\/a><\/p>\n<p>&mdash; Endava (@endava) <a href=\"https:\/\/twitter.com\/endava\/status\/911203797334192128?ref_src=twsrc%5Etfw\">September 22, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p><strong>About Endava<\/strong><\/p>\n<p>Envada\u2019s headquarter is in London and operates with 14 offices worldwide with nearly 4,000 employees working with some of the biggest names in industries such as Technology, Telecom, Insurance and Banking. Currently, the international IT company boasts a revenue of over 115 million pounds.<\/p>\n<p>Endava considers Bulgaria as a strategic hub for the IT services it renders. \u201c<i>With over 50,000 IT professionals and 2,000 IT graduates per year, Bulgaria is a strong IT hub, and Endava considered this location due to its engineering talent, excellent English language skills, good connections to European capitals, and good fit for the delivery of IT projects in North America, Europe and the Nordic countries. \u201d, <\/i>the official press-release sais.<\/p>\n<p>Envada\u2019s local team consists of developers, architects, test engineers, Java, .Net, Scrum specialists, mobile application specialists, automation testing specialists, business analysts, and more. The Sofia office will further strengthen the network of Endava delivery centres in the region, together with the teams in Belgrade, Bucharest, Chisinau, Cluj-Napoca, Iasi, and Skopje.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11344 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"8784\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/endava-opens-its-new-office-in-sofia-to-accommodate-up-to-400-it-specialists-by-2020\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-8782 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">19.10.2017<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/cargo-partner-to-open-logistics-center-in-sofia-in-2018\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-1024x684.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/cargo-partner-to-open-logistics-center-in-sofia-in-2018\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">19.10.2017<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/cargo-partner-to-open-logistics-center-in-sofia-in-2018\/\">Cargo-partner to Open Logistics Center in Sofia in 2018<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\"wp-image-10873 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner.jpg\" alt=\"\" width=\"198\" height=\"169\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner.jpg 703w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner-300x256.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner-600x512.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner-171x146.jpg 171w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner-50x43.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner-88x75.jpg 88w\" sizes=\"(max-width: 198px) 100vw, 198px\" \/>\n<h4><strong>Industry<\/strong>:\u00a0 Leading provider of cargo and load handling solutions<\/h4>\n<h4><strong>In Sofia since<\/strong>: 2003<\/h4>\n<h4><strong>Investment<\/strong>:\u00a015.3 million euro<\/h4>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\"wp-image-8580 alignright\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2.jpg\" alt=\"Cargo-Partner-:ogistics-Center-in-Sofia\" width=\"325\" height=\"217\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2.jpg 2000w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-768x513.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-1024x684.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-600x401.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/cargo-partner_Warehousing_2-112x75.jpg 112w\" sizes=\"(max-width: 325px) 100vw, 325px\" \/>The Austrian <i>Cargo-partner <\/i>is constructing a modern logistics center near Sofia International Airport, scheduled to open in the beginning of 2018. The investment of 15.3 million euro will create more than 20 new jobs. The international transport and logistics provider plans to build the new logistics center in Sofia as part of the company\u2019s strategic investments into strengthening its worldwide warehousing capacities.<\/p>\n<p>The new logistics center will contain 22,000 pallet slots on more than 16,500 m2 of storage space as well as 2,000 m2 of office space. This new facility will be added next to the 10,000 m2 logistics facility which the company has been operating since 2015. The location near Sofia International Airport provides direct connections to the metro station and railway line as well as easy access to the motorways Trakia (A1), Hemus (A2) and Struma (A3).<\/p>\n<p>The warehouse will be especially suited for the storage of oversized cargo and spare parts and will include a customs bonded warehouse. The facility will have a special area for the storage of foods and other temperature-sensitive goods with a temperature range between +10 and +20\u00b0C. Value added services offered at the new warehouse will include packaging, labeling, delivery and returns.<\/p>\n<p>The Austrian company <i>Cargo-partner <\/i>was founded over 30 years ago and generated a turnover of 555 million euro with 2,588 employees in 2016. \u201cAfter starting the construction of our modern iLogistics Center near Vienna Airport, the new warehouse in Sofia is the next important step in the expansion of our logistics capacities throughout Europe.\u201d, Cargo-partner CEO Stefan Krauter says in the official press release of the company.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/investsofia.com\/en\/contact-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"size-full wp-image-11344 aligncenter\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png\" alt=\"\" width=\"960\" height=\"130\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia.png 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-300x41.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-768x104.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-600x81.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-260x35.png 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-50x7.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/10\/Success-Stories-Contact-Us-Sofia-150x20.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"8782\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/cargo-partner-to-open-logistics-center-in-sofia-in-2018\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-8227 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">27.09.2017<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-escreo\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/EscreoENG.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"Escreo-ENG\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/EscreoENG.jpg 523w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/EscreoENG-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/EscreoENG-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/EscreoENG-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/EscreoENG-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/EscreoENG-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/EscreoENG-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/EscreoENG-80x80.jpg 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/EscreoENG.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-escreo\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">27.09.2017<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-escreo\/\">\u201cWhy Sofia?\u201d with Escreo<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\"wp-image-8262 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/\u0415\u043a\u0438\u043f-Escreo-1.jpg\" alt=\"\" width=\"418\" height=\"314\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/\u0415\u043a\u0438\u043f-Escreo-1.jpg 4032w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/\u0415\u043a\u0438\u043f-Escreo-1-300x225.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/\u0415\u043a\u0438\u043f-Escreo-1-768x576.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/\u0415\u043a\u0438\u043f-Escreo-1-1024x768.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/\u0415\u043a\u0438\u043f-Escreo-1-600x450.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/\u0415\u043a\u0438\u043f-Escreo-1-195x146.jpg 195w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/\u0415\u043a\u0438\u043f-Escreo-1-50x38.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/09\/\u0415\u043a\u0438\u043f-Escreo-1-100x75.jpg 100w\" sizes=\"(max-width: 418px) 100vw, 418px\" \/>The founders of <a href=\"https:\/\/goo.gl\/L6cLsF\" target=\"_blank\" rel=\"noopener noreferrer\">Escreo<\/a>, Yassen Rusev, Elena Nikolova and Iskren Mitev, meet during an entrepreneurial program in the US in 2013. In the space where the training takes place, the walls are painted with marker as if they are whiteboards. Impressed by the idea, the young entrepreneurs decide to create their own product &#8211; a wall and furniture paint that allows multiple writing and drawing with a marker. The Eleven Fund foresees the potential of the idea and helps the team with financing and networking, by introducing them to specialists in the chemical sector. Thus the newcomer in the team &#8211; Manol Novakov, a long-time technologist, develops Escreo\u2019s own formula for water-based coating, which allows tinting in different colors and endless writing, drawing and sharing of ideas on any surface.\n<p>The total investment in the project amounts to EUR 121 000, of which 85 000 are Eleven\u2019s investment from the European Investment Bank. In a short time, Escreo gains popularity, doubles the sales, equips its own factory in Rousse, strengthens its positions on the Bulgarian market and starts its expansion to foreign markets.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside? <\/strong><\/p>\n<p>We are a technology company that produces innovative dry-erase paint that can transform any flat surface into a whiteboard of a new generation. Our product allows any wall or furniture in the office or home space to become a collaborative area for writing, drawing and sharing ideas. Although it\u2019s based in Sofia, our business quickly sets its foot on foreign markets such as Romania, Germany and the Netherlands, with future development lying just around the corner.<\/p>\n<p><strong>What motivated you to invest in Sofia? <\/strong><\/p>\n<p>As a capital city Sofia has some advantages \u2013 good inner country connections, rich market, natural innovation leadership status and attracting foreign businesses when they decide to initiate a local development. Of course, we are surrounded by our families and friends and it helps a lot.<\/p>\n<p>On the other side, Bulgaria offers great conditions for business development in terms of low taxes and access to talent in general.<\/p>\n<p><strong>Are there other local and foreign companies here doing business in your sector?<\/strong><\/p>\n<p>One of our competitors had a distributor who now is working with us. There is another player in the market who is more into retail. We strive to differentiate our product by offering <\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"8227\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-escreo\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-7654 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">02.08.2017<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-vladislav-mihaylov-ceo-of-birlibam\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"333\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG-900x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"Birlibam-eng\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-vladislav-mihaylov-ceo-of-birlibam\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">02.08.2017<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-vladislav-mihaylov-ceo-of-birlibam\/\">\u201cWhy Sofia?\u201d with Vladislav Mihaylov, CEO of Birlibam<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><strong><img loading=\"lazy\" class=\" wp-image-7657 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG.jpg\" alt=\"Birlibam-eng\" width=\"414\" height=\"414\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG.jpg 900w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG-768x768.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG-600x600.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/08\/Birlibam_ENG-80x80.jpg 80w\" sizes=\"(max-width: 414px) 100vw, 414px\" \/>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside?<\/strong>\n<p><span style=\"font-weight: 400;\">\u201cBirlibam\u201d is a new, fresh and unique way to introduce yourself. It is the modern face of the old, well-known paper business card. Created in the form of an <a href=\"https:\/\/birlibam.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">application<\/a>, it is an innovative and easy-to-use solution that helps creating, exchanging and finding your contacts quickly and efficiently. The information in \u201cBirlibam\u201d is live and always up to date. \u201cBirlibam\u201d is trusted by more than 10,000 users and more than 50 corporate accounts from around the world.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thanks to the daily feedback we receive from our users, we have greatly improved the application for creating, exchanging and managing contacts so that it is as convenient and effective as possible for everyone! \u201cBirlibam\u201d is now with completely new design and functionality! In addition, \u201cBirlibam\u201d now offers a live feature that allows the user to see all other users who have made their profile public. Even if you have not yet created your own digital business card with the app, you can still check who\u2019s there at birlibam.live.\u00a0<\/span><span style=\"font-weight: 400;\">Thus we can quickly and conveniently add specific contacts in our database.<\/span><\/p>\n<p><strong>What motivated you to invest in Sofia?<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">The idea was born in the course of my everyday business life. My education gave me the foundation to become one of the youngest Chartered Certified Accountants &#8211; Registered Auditors in Bulgaria. At the same time, I am also a registered farmer. \u201cBirlibam\u201d is a solution to problems that we all try to solve in some way \u2013 you don\u2019t need to think about running out of business cards anymore. You can forget about the business cards you need right now, but you\u2019ve forgotten somewhere or the annoying spelling of an email over the phone. The application is free and can be downloaded from the <a href=\"https:\/\/appsto.re\/bg\/HduCcb.i\" target=\"_blank\" rel=\"noopener noreferrer\">Apple<\/a> store and the <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.birlibam\" target=\"_blank\" rel=\"noopener noreferrer\">Google <\/a>store. \u201cBirlibam\u201d is also available at the <a href=\"http:\/\/ocean.birlibam.com\" target=\"_blank\" rel=\"noopener noreferrer\">ocean.birlibam.com <\/a>web portal. To have your eternal business card, you only need to concentrate on your contact information, which can be shared unlimited times in five different and innovative ways, even offline. And when something in your information details changes, you only need to edit it and so you will notify all your contacts.<\/span><\/p>\n<p><strong>What are the advantages for developing a start-up idea or a team in Sofia?<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Sofia is a city that is developing really fast and is <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"7654\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-vladislav-mihaylov-ceo-of-birlibam\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-7354 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">13.07.2017<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-nikolay-mutafov-ceo-of-accedia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"333\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1-900x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"Accedia-eng-2012\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-nikolay-mutafov-ceo-of-accedia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">13.07.2017<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-nikolay-mutafov-ceo-of-accedia\/\">&#8220;Why Sofia?&#8221; with Nikolay Mutafov, CEO of Accedia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\" wp-image-7667 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1.jpg\" alt=\"Accedia-eng-2012\" width=\"373\" height=\"373\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1.jpg 900w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1-768x768.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1-600x600.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/07\/AccediaENG-1-80x80.jpg 80w\" sizes=\"(max-width: 373px) 100vw, 373px\" \/><em>Nikolay Mutafov is co-founder and CEO of <\/em>Accedia<em> &#8211; a successful Bulgarian company and one of the fastest growing in the technology sector. Five years after the establishment of the company in Sofia, Nikolay still believes that &#8220;&#8230;if put into the right business field, your investments could turn to be more cost effective than those made in other regions.&#8221;<\/em>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside?<\/b><\/p>\n<p>My biggest investments within the borders of Sofia and beyond are all the resources that my business partners and I have put into founding and developing <a href=\"https:\/\/accedia.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Accedia<\/a>. It all started in 2012 when 4 software developers decided to come together and set the beginning of a successful collaboration. Today, 5 years later, Accedia is a well-established Bulgarian company specializing in IT consulting, software development outsourcing and complex end-to-end solutions. We develop software innovations for both SMEs and large enterprises and we are driven by being a leading IT solutions company where technology experts are inspired to create.<\/p>\n<p><b>What motivated you to invest in Sofia?<\/b><\/p>\n<p>I was lucky to be born and raised in the capital of Bulgaria \u2013 the city offering the biggest opportunities for both self and business development in the country. \u00a0So, I never really thought about investing somewhere else or fleeing the country. I had always had the ambition to set up my own business locally and it was my dream of running an IT company that motivated me to pursue that goal. I must admit, though, that I couldn\u2019t do it alone and finding the people who shared my dream and interest prompted me to make that first step.<\/p>\n<p><b>What are the advantages of investing in Sofia?<\/b><\/p>\n<p>What\u2019s best about investing in Sofia, I believe, are its employees \u2013 \u00a0qualified, friendly and open-minded people who are hardworking and dedicated to their jobs. Despite the great competition in the IT sector, the IT academies and educational institutions in Sofia create some of the best software developers and there is a profusion of talent. It\u2019s no coincidence that Bulgaria goes up in global innovation and ICT rankings each year and that well-known companies like VMWare, IBM, HP, etc. operate great part of their business in Sofia. Moreover, the social life in the city enables you to make connections effortlessly which has a major impact on building long-lasting partnerships. Other things <\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"7354\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-nikolay-mutafov-ceo-of-accedia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-7163 post type-post status-publish format-standard has-post-thumbnail hentry category-newsletter-en category-success-stories-en\" ><div class=\"date_label\">14.06.2017<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-krum-hadjigeorgiev-co-founder-and-ceo-of-melon\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonENG523_523-1.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"Why-Sofia-Krum-Hadjigeorgiev-Melon\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonENG523_523-1.jpg 523w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonENG523_523-1-150x150.jpg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonENG523_523-1-300x300.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonENG523_523-1-146x146.jpg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonENG523_523-1-50x50.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonENG523_523-1-75x75.jpg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonENG523_523-1-85x85.jpg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonENG523_523-1-80x80.jpg 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonENG523_523-1.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-krum-hadjigeorgiev-co-founder-and-ceo-of-melon\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">14.06.2017<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/newsletter-en\/\" rel=\"category tag\">Newsletter<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-krum-hadjigeorgiev-co-founder-and-ceo-of-melon\/\">\u201cWhy Sofia\u201d with Krum Hadjigeorgiev, Co-founder and CEO of Melon<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><img loading=\"lazy\" class=\" wp-image-7105 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonInner-300x204.jpg\" alt=\"\" width=\"329\" height=\"224\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonInner-300x204.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonInner-215x146.jpg 215w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonInner-50x34.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonInner-110x75.jpg 110w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/06\/MelonInner.jpg 500w\" sizes=\"(max-width: 329px) 100vw, 329px\" \/>Krum Hadjigeorgiev is co-founder and CEO of the Bulgarian software development outsourcing company Melon.\n<p>Melon is a Microsoft Gold Certified Partner, a member <span id=\"result_box\" class=\"\" lang=\"en\"><span title=\"Melon \u0441\u0430 \u0441\u0435\u0440\u0442\u0438\u0444\u0438\u0446\u0438\u0440\u0430\u043d \u0437\u043b\u0430\u0442\u0435\u043d \u043f\u0430\u0440\u0442\u043d\u044c\u043e\u0440 \u043d\u0430 Microsoft, \u0447\u043b\u0435\u043d \u043d\u0430 \u0411\u044a\u043b\u0433\u0430\u0440\u0441\u043a\u0430\u0442\u0430 \u0430\u0441\u043e\u0446\u0438\u0430\u0446\u0438\u044f \u043d\u0430 \u0441\u043e\u0444\u0442\u0443\u0435\u0440\u043d\u0438\u0442\u0435 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u0438 (\u0411\u0410\u0421\u041a\u041e\u041c) \u0438 \u043d\u0430 \u0411\u044a\u043b\u0433\u0430\u0440\u0441\u043a\u0430 \u0423\u0435\u0431 \u0410\u0441\u043e\u0446\u0438\u0430\u0446\u0438\u044f (BWA), \u043d\u043e\u0441\u0438\u0442\u0435\u043b\u0438 \u0441\u0430 \u043d\u0430 \u043c\u043d\u043e\u0433\u043e \u043d\u0430\u0433\u0440\u0430\u0434\u0438, \u0441\u0440\u0435\u0434 \u043a\u043e\u0438\u0442\u043e E-volution Awards 2016 \u043d\u0430 Forbes.\">of the Bulgarian Association of Software Companies (BASSCOM) and the Bulgarian Web Association (BWA), and has won a number of awards, including the Software Development award at E-volution Awards 2016 organized by Forbes. <span title=\"\u041a\u043e\u043c\u043f\u0430\u043d\u0438\u044f\u0442\u0430 \u0438\u043c\u0430 \u043e\u0444\u0438\u0441\u0438 \u0432 \u041c\u0430\u043a\u0435\u0434\u043e\u043d\u0438\u044f, \u0411\u0435\u043b\u0438\u0433\u0438\u044f \u0438 \u0410\u0432\u0441\u0442\u0440\u0438\u044f, \u043d\u043e \u0441\u0442\u0430\u0440\u0442\u0438\u0440\u0430 \u043e\u0442 \u0421\u043e\u0444\u0438\u044f.\">Melon is running offices in Macedonia, Belgium and Austria, but still,<\/span><span title=\"\u0418 \u0434\u043e \u0434\u043d\u0435\u0441 \u043d\u0430\u0439-\u0433\u043e\u043b\u044f\u043c\u0430\u0442\u0430 \u0447\u0430\u0441\u0442 \u043e\u0442 \u0435\u043a\u0438\u043f\u0430 \u043d\u0430 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u044f\u0442\u0430 \/\u0431\u043b\u0438\u0437\u043e 160 \u0447\u043e\u0432\u0435\u043a\u0430\/ \u0440\u0430\u0431\u043e\u0442\u0438 \u0432 \u0441\u0442\u043e\u043b\u0438\u0446\u0430\u0442\u0430 \u0438 \u0440\u0430\u0437\u0440\u0430\u0431\u043e\u0442\u0432\u0430 \u043f\u0440\u043e\u0435\u043a\u0442\u0438 \u0437\u0430 \u043a\u043b\u0438\u0435\u043d\u0442\u0438 \u043e\u0442 \u0446\u044f\u043b\u0430 \u0415\u0432\u0440\u043e\u043f\u0430 \u0438 \u043e\u0442 \u0410\u043c\u0435\u0440\u0438\u043a\u0430. \"> most of the company&#8217;s staff is located in Sofia delivering cervices to customers from all over Europe and the USA.<\/span><\/span><\/span><\/p>\n<p><strong>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside?<\/strong><\/p>\n<p><a href=\"http:\/\/melontech.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Melon<\/a> is a software development company delivering outsourcing services to customers all over Europe and the USA. We\u2019ve been around since 2000. We set up business in Sofia as all the founders are from the city. We have been growing here since, but also for the last few years we\u2019ve been running offices in Veliko Tarnovo and Skopje. Still, Sofia is where most of our 160+ people are and that will be the case going forward.<\/p>\n<p><strong>What motivated you to invest in Sofia?<\/strong><\/p>\n<p>As locals, this was the natural choice. Still, our business is our people and when it comes to software engineers, Sofia is the one city in Bulgaria with the largest, fastest-growing and most vibrant community of IT and software professionals. We\u2019ve seen our sector grow and flourish. We somehow got together with peer companies into our software association <a href=\"http:\/\/www.basscom.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">BASSCOM<\/a> and mostly helped each other face the common challenges as a community and sharpen our competitive edge through fair competition for talent and clients. We love the city\u2019s growing greener and more European. The airport is 10 minutes away from our office, which brings Europe to a mere 2 hours from most places our clients operate.<\/p>\n<p><strong>What are the advantages of investing in Sofia?<\/strong><\/p>\n<p>The biggest advantage for companies like Melon to invest in Sofia is the growing community of great software engineers and IT professionals. The city has great schools as well as private academies to create new talent which our industry needs. It has the infrastructure and the spirit to keep these people in and give them the opportunity for good quality of living and professional growth. The city is growing and improving.<\/p>\n<p><strong>What sort of disadvantage have you faced so far?<\/strong><\/p>\n<p>Air is bad. Probably one of the worst in <\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"7163\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-krum-hadjigeorgiev-co-founder-and-ceo-of-melon\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-5944 post type-post status-publish format-standard has-post-thumbnail hentry category-news category-success-stories-en\" ><div class=\"date_label\">15.03.2017<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/sensata-technologies-opens-its-largest-testing-facility-in-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-960x750.jpg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-960x750.jpg 960w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-1280x1000.jpg 1280w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-1024x683.jpg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/sensata-technologies-opens-its-largest-testing-facility-in-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">15.03.2017<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/news\/\" rel=\"category tag\">News<\/a><\/li>\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/sensata-technologies-opens-its-largest-testing-facility-in-sofia\/\">SENSATA Technologies Opens Its Largest Testing Facility In Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\"><span style=\"font-weight: 400;\"><a href=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017.jpg\" target=\"_blank\"><img loading=\"lazy\" class=\"alignleft wp-image-5899 size-medium\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-300x200.jpg\" alt=\"sensata-laboratory-sofia\" width=\"300\" height=\"200\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-1024x683.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_2_15032017-113x75.jpg 113w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>Sensata Technologies officially opened a $3 million testing laboratory, its largest worldwide in Bulgaria&#8217;s capital Sofia. The company is a global industrial technology leader in the development, manufacture and sale of sensors and controls for mission-critical applications that improve safety, efficiency and comfort in a wide array of automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, data, telecommunications and marine applications.<\/span>\n<p><span style=\"font-weight: 400;\">The testing lab in Sofia is already operating on a total area of 6 000 sq. m. with over 100 newly hired highly-qualified engineers and experts in safety testing and development of equipment for Sensata\u2019s components focused on automotive applications.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sensata Technology testing facility recreates some of the harshest conditions for an automotive component, including extreme temperatures and severe environmental influence. The company already employs 3 000 people in Bulgaria and operates two sensor production plants &#8211; in Plovdiv and Botevgrad. The facilities in Plovdiv produce pressure sensors. The plant in Botevgrad produces temperature sensors for Volkswagen, Daimler, Volvo, Fiat and General Motors. &#8220;<\/span><span style=\"font-weight: 400;\">Now we are able to close the cycle of our processes only in one country and this is unique for Sensata&#8221;<\/span><span style=\"font-weight: 400;\">, said Paul Chawla, senior vice president of Sensata&#8217;s European unit during the opening ceremony. \u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Yordanka-Fandakova_Sensata_15032017.jpg\" target=\"_blank\"><img loading=\"lazy\" class=\"alignright wp-image-5905 size-medium\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Yordanka-Fandakova_Sensata_15032017-300x200.jpg\" alt=\"yordanka-fandakova-sensata\" width=\"300\" height=\"200\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Yordanka-Fandakova_Sensata_15032017-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Yordanka-Fandakova_Sensata_15032017-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Yordanka-Fandakova_Sensata_15032017-1024x683.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Yordanka-Fandakova_Sensata_15032017-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Yordanka-Fandakova_Sensata_15032017-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Yordanka-Fandakova_Sensata_15032017-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Yordanka-Fandakova_Sensata_15032017-113x75.jpg 113w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>&#8220;Congratulation for Sensata Technologies for allocating its investment in a high-tech laboratory in Sofia city where to grow its business and work on reducing emissions. These match along with our<\/span> <span style=\"font-weight: 400;\">main<\/span><span style=\"font-weight: 400;\"> mission &#8211; to create a green and innovative environment in our city&#8221;<\/span><span style=\"font-weight: 400;\">\u00a0Mayor Yordanka Fandakova said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In recent years, educated workforce and constantly improving public infrastructure have encouraged foreign investors to set up their business in Sofia, said Mrs Fandakova. According to her, the stable results achieved in the last few years pushed Sofia to the leading position in Bulgaria.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sofia keeps the lowest unemployment rate in the country and in the EU (only 2.3 %, January 2017). According to data provided by the Institute for Market Economics, the capital attracts over 54% of the Bulgaria\u2019s \u00a0FDI as well as foreign companies from 77 countries around the world.<\/span><\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-5901\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_15032017-1.jpg\" alt=\"sensata-laboratory-sofia\" width=\"4080\" height=\"2720\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_15032017-1.jpg 4080w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_15032017-1-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_15032017-1-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_15032017-1-1024x683.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_15032017-1-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_15032017-1-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_15032017-1-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Sensata_15032017-1-113x75.jpg 113w\" sizes=\"(max-width: 4080px) 100vw, 4080px\" \/><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"5944\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/sensata-technologies-opens-its-largest-testing-facility-in-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-5858 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">14.03.2017<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-wilfried-durand-founder-of-onvey\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"400\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2.jpeg\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2.jpeg 523w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-150x150.jpeg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-300x300.jpeg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-146x146.jpeg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-50x50.jpeg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-75x75.jpeg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-85x85.jpeg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-80x80.jpeg 80w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2.jpeg\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-wilfried-durand-founder-of-onvey\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">14.03.2017<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-wilfried-durand-founder-of-onvey\/\">&#8220;Why Sofia&#8221; With Wilfried Durand, Founder of Onvey<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">[vc_row][vc_column][vc_column_text]<i><span style=\"font-weight: 400;\"><img loading=\"lazy\" class=\"alignleft wp-image-5840 size-medium\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-300x300.jpeg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-300x300.jpeg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-150x150.jpeg 150w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-146x146.jpeg 146w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-50x50.jpeg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-75x75.jpeg 75w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-85x85.jpeg 85w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2-80x80.jpeg 80w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/03\/Onvey-2.jpeg 523w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Wilfried Durand is a multi-hat web entrepreneur and startup advisor with a strong interest in building and growing global services. He discovered Sofia as a business destination five years ago while developing Mailjet, a French company he co-founded in 2010. Within the next two years Wilfried had hired a team of 25 people on 4 continents, including <\/span><\/i><i><span style=\"font-weight: 400;\">10 in Sofia<\/span><\/i><i><span style=\"font-weight: 400;\">. The next company he founded &#8211; Onvey, is entirely based in Sofia. \u00a0<\/span><\/i>\n<p>&nbsp;<\/p>\n<p><b>Please tell us briefly about your investments in Sofia? What does your company do in Bulgaria and outside?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">My main activities in Sofia are to participate in the local IT ecosystem as an entrepreneur, startup advisor, and business angel. Less than a year ago I registered in Sofia my latest company<\/span><a href=\"https:\/\/lab.onvey.io\/\" target=\"_blank\"> <span style=\"font-weight: 400;\">Onvey<\/span><\/a><span style=\"font-weight: 400;\"> with the purpose of launching innovative SaaS products. We plan to release 2 products in 2017, dedicated to product owners who want to monitor and improve the user experience of their services. Beside that, I intend to bring my entrepreneurial experience to local startups and start investing in them. My first participation went into<\/span><a href=\"http:\/\/www.igreet.co\/\" target=\"_blank\"> <span style=\"font-weight: 400;\">iGreet<\/span><\/a><span style=\"font-weight: 400;\">, whose founder\u00a0<\/span><span style=\"font-weight: 400;\">Vicho and his amazing team developed an impressive AR technology.<\/span><\/p>\n<p><b>What motivated you to start your business here, in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">I had the opportunity to discover Sofia when we opened an outsourced office for Mailjet, \u00a0the previous company I co-founded, in partnership with Proxiad. Within two years the Proxiad team in Sofia <\/span><span style=\"font-weight: 400;\">grew up to 30+ people<\/span><span style=\"font-weight: 400;\"> which I got to know better during my frequent visits from Paris, ten of them were in the team that I managed directly. Not only I got to work closely with nice minds, but also discovered a culture where individuals commit themselves to improving and learning new skills to progress. I enjoy this positive mindset, compared to my native western culture where the personal branding can sometimes overstep real achievements. Ultimately, that is what motivated me to invest in the people of Sofia.<\/span><\/p>\n<p><b>When you look at the Bulgarian capital and the country as a whole, as a foreign investor, what attracts or surprises you most? What are the advantages of setting up your business in Sofia?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">First of all, Sofia ranked as one of the best European city where to live. The city is dynamic, affordable, green &amp; friendly. Then the young population is in my opinion bright, greatly educated and fully aware of leaving in a <\/span><\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"5858\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/why-sofia-with-wilfried-durand-founder-of-onvey\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><div class=\"post-item isotope-item clearfix author-georgibrezin post-5851 post type-post status-publish format-standard has-post-thumbnail hentry category-success-stories-en\" ><div class=\"date_label\">27.02.2017<\/div><div class=\"image_frame post-photo-wrapper scale-with-grid image\"><div class=\"image_wrapper\"><a href=\"https:\/\/investsofia.com\/en\/american-control-system-solutions-manufacturer-woodward-opens-production-in-sofia\/\"><div class=\"mask\"><\/div><img width=\"400\" height=\"313\" src=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-960x750.png\" class=\"scale-with-grid wp-post-image\" alt=\"\" loading=\"lazy\" itemprop=\"image\" \/><\/a><div class=\"image_links double\"><a href=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-1024x743.png\" class=\"zoom\" rel=\"prettyphoto\"><i class=\"icon-search\"><\/i><\/a><a href=\"https:\/\/investsofia.com\/en\/american-control-system-solutions-manufacturer-woodward-opens-production-in-sofia\/\" class=\"link\"><i class=\"icon-link\"><\/i><\/a><\/div><\/div><\/div><div class=\"post-desc-wrapper\"><div class=\"post-desc\"><div class=\"post-head\"><div class=\"post-meta clearfix\"><div class=\"author-date\"><span class=\"vcard author post-author\"><span class=\"label\">Published by <\/span><i class=\"icon-user\"><\/i> <span class=\"fn\"><a href=\"https:\/\/investsofia.com\/en\/author\/georgibrezin\/\">Georgi Brezin<\/a><\/span><\/span> <span class=\"date\"><span class=\"label\">at <\/span><i class=\"icon-clock\"><\/i> <span class=\"post-date updated\">27.02.2017<\/span><\/span><\/div><div class=\"category\"><span class=\"cat-btn\">Categories <i class=\"icon-down-dir\"><\/i><\/span><div class=\"cat-wrapper\"><ul class=\"post-categories\">\n\t<li><a href=\"https:\/\/investsofia.com\/en\/category\/success-stories-en\/\" rel=\"category tag\">\u0423\u0441\u043f\u0435\u0448\u043d\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u0438 EN<\/a><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"post-title\"><h2 class=\"entry-title\" itemprop=\"headline\"><a href=\"https:\/\/investsofia.com\/en\/american-control-system-solutions-manufacturer-woodward-opens-production-in-sofia\/\">American Control System Solutions Manufacturer Woodward Opens Production in Sofia<\/a><\/h2><\/div><div class=\"post-excerpt\"><div id=\"modal-ready\">[vc_row][vc_column][vc_column_text]<img loading=\"lazy\" class=\"aligncenter size-full wp-image-4174\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1.jpg\" alt=\"woodward-sofia-bg\" width=\"1437\" height=\"787\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1.jpg 1437w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-300x164.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-768x421.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-1024x561.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-600x329.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-260x142.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-50x27.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-137x75.jpg 137w\" sizes=\"(max-width: 1437px) 100vw, 1437px\" \/>\n<p>The world&#8217;s oldest and largest manufacturer and designer of control systems, Woodward, Inc. opened a new facility in Sofia.<\/p>\n<p>Woodward, Inc. is independent designer and manufacturer of control system solutions and components for the <strong>aerospace<\/strong> and <strong>industrial<\/strong> markets.<\/p>\n<p><img loading=\"lazy\" class=\"alignleft wp-image-4088 size-medium\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-112x75.jpg 112w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>On July 15, 2016 Woodward Bulgaria celebrated the grand opening of the AS (Airframe Systems) and ITS (Industrial Turbomachinery Systems) facility in Sofia, Bulgaria.<\/p>\n<p>The joint facility will provide space for the engineering and service of converters for wind energy generators and the manufacturing of electro-mechanical components.<\/p>\n<p>The event was attended by \u00a0the Mayor of Sofia, The Deputy Minister of the Bulgarian Economy, U.S. embassy officers and executives from the American Chamber of Commerce.<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p><em><img loading=\"lazy\" class=\"alignright wp-image-4169 size-medium\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-1024x683.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-113x75.jpg 113w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny.jpg 1437w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\u201cI was very impressed with how fast the facility was build, the excellent teamwork displayed by the Industrial and<br \/>\nAerospace groups of Woodward and how impressive the new facility, office and manufacturing lines are.\u201d<\/em><\/p>\n<p><strong>&#8211; <\/strong><strong>Mr.<\/strong><strong>Marty Glass<\/strong><strong>|<\/strong><strong>Woodward, Inc<\/strong><strong>.<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p>The event was attended by \u00a0the Mayor of Sofia, The Deputy Minister of the Bulgarian Economy, U.S. embassy officers and executives from the American Chamber of Commerce.<\/p>\n<p><strong>Engineering is getting bigger in Sofia<\/strong><\/p>\n<p>With the establishment of the new facility of Woodward in Sofia the city expanded its engineering and production portfolio.<\/p>\n<p><a href=\"http:\/\/www.woodward.com\/Bulgaria.aspx\" target=\"_blank\"><img loading=\"lazy\" class=\"aligncenter wp-image-3997 size-medium\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-300x218.png\" alt=\"\" width=\"300\" height=\"218\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-300x218.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-768x557.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-1024x743.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-600x435.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-201x146.png 201w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-50x36.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-103x75.png 103w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward.png 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1489504151402{padding-top: 20px !important;padding-bottom: 20px !important;background-color: #eaeaea !important;}&#8221;]<\/p>\n<h3 style=\"padding-left: 30px;\"><strong>How can we help your company?<\/strong><\/h3>\n<p style=\"padding-left: 30px;\">If you want to know more about how we can help your company establish in Sofia or about the Bulgarian engineering industry, please contact our Head of Investment and Business Development, Nadia Soultanova, via email\u00a0<a href=\"http:\/\/nadia.soultanova@investsofia.com\" target=\"_blank\">nadia.soultanova@investsofia.com<\/a>\u00a0or phone +359896160104.<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p><\/div><\/div><div class=\"post-footer\"><div class=\"button-love\"><span class=\"love-text\">Do you like it?<\/span><a href=\"#\" class=\"mfn-love \" data-id=\"5851\"><span class=\"icons-wrapper\"><i class=\"icon-heart-empty-fa\"><\/i><i class=\"icon-heart-fa\"><\/i><\/span><span class=\"label\">0<\/span><\/a><\/div><div class=\"post-links\"><i class=\"icon-doc-text\"><\/i> <a href=\"https:\/\/investsofia.com\/en\/american-control-system-solutions-manufacturer-woodward-opens-production-in-sofia\/\" class=\"post-more\">Read more...<\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n<\/div>\n[\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][\/vc_row]\n<\/div>","protected":false},"excerpt":{"rendered":"<div id=\"modal-ready\">[vc_row][vc_column][vc_column_text]<img loading=\"lazy\" class=\"aligncenter size-full wp-image-4174\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1.jpg\" alt=\"woodward-sofia-bg\" width=\"1437\" height=\"787\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1.jpg 1437w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-300x164.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-768x421.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-1024x561.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-600x329.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-260x142.jpg 260w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-50x27.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-Tiny-1-137x75.jpg 137w\" sizes=\"(max-width: 1437px) 100vw, 1437px\" \/>\n<p>The world&#8217;s oldest and largest manufacturer and designer of control systems, Woodward, Inc. opened a new facility in Sofia.<\/p>\n<p>Woodward, Inc. is independent designer and manufacturer of control system solutions and components for the <strong>aerospace<\/strong> and <strong>industrial<\/strong> markets.<\/p>\n<p><img loading=\"lazy\" class=\"alignleft wp-image-4088 size-medium\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Bulgaria_Office_compressed-112x75.jpg 112w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>On July 15, 2016 Woodward Bulgaria celebrated the grand opening of the AS (Airframe Systems) and ITS (Industrial Turbomachinery Systems) facility in Sofia, Bulgaria.<\/p>\n<p>The joint facility will provide space for the engineering and service of converters for wind energy generators and the manufacturing of electro-mechanical components.<\/p>\n<p>The event was attended by \u00a0the Mayor of Sofia, The Deputy Minister of the Bulgarian Economy, U.S. embassy officers and executives from the American Chamber of Commerce.<\/p>\n<p>&nbsp;<\/p>\n<blockquote><p><em><img loading=\"lazy\" class=\"alignright wp-image-4169 size-medium\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-300x200.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-768x512.jpg 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-1024x683.jpg 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-600x400.jpg 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-219x146.jpg 219w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-50x33.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny-113x75.jpg 113w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-Sofia-2-Tiny.jpg 1437w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\u201cI was very impressed with how fast the facility was build, the excellent teamwork displayed by the Industrial and<br \/>\nAerospace groups of Woodward and how impressive the new facility, office and manufacturing lines are.\u201d<\/em><\/p>\n<p><strong>&#8211; <\/strong><strong>Mr.<\/strong><strong>Marty Glass<\/strong><strong>|<\/strong><strong>Woodward, Inc<\/strong><strong>.<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p>The event was attended by \u00a0the Mayor of Sofia, The Deputy Minister of the Bulgarian Economy, U.S. embassy officers and executives from the American Chamber of Commerce.<\/p>\n<p><strong>Engineering is getting bigger in Sofia<\/strong><\/p>\n<p>With the establishment of the new facility of Woodward in Sofia the city expanded its engineering and production portfolio.<\/p>\n<p><a href=\"http:\/\/www.woodward.com\/Bulgaria.aspx\" target=\"_blank\"><img loading=\"lazy\" class=\"aligncenter wp-image-3997 size-medium\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-300x218.png\" alt=\"\" width=\"300\" height=\"218\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-300x218.png 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-768x557.png 768w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-1024x743.png 1024w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-600x435.png 600w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-201x146.png 201w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-50x36.png 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward-103x75.png 103w, https:\/\/investsofia.com\/wp-content\/uploads\/2016\/11\/Woodward.png 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1489504151402{padding-top: 20px !important;padding-bottom: 20px !important;background-color: #eaeaea !important;}&#8221;]<\/p>\n<h3 style=\"padding-left: 30px;\"><strong>How can we help your company?<\/strong><\/h3>\n<p style=\"padding-left: 30px;\">If you want to know more about how we can help your company establish in Sofia or about the Bulgarian engineering industry, please contact our Head of Investment and Business Development, Nadia Soultanova, via email\u00a0<a href=\"http:\/\/nadia.soultanova@investsofia.com\" target=\"_blank\">nadia.soultanova@investsofia.com<\/a>\u00a0or phone +359896160104.<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p><\/div>","protected":false},"author":9,"featured_media":23579,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.14 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Success Stories | Sofia Investment Agency<\/title>\n<meta name=\"description\" content=\"\u00a0SUCCESS STORIES \u201cWhy Sofia?\u201d - many global and local companies, small and big, have the answer. Learn about their success stories. Our team is here to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investsofia.com\/en\/success-stories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Success Stories | Sofia Investment Agency\" \/>\n<meta property=\"og:description\" content=\"\u00a0SUCCESS STORIES \u201cWhy Sofia?\u201d - many global and local companies, small and big, have the answer. Learn about their success stories. Our team is here to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investsofia.com\/en\/success-stories\/\" \/>\n<meta property=\"og:site_name\" content=\"Sofia Investment Agency\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SofiaInvestmentAgency\/\" \/>\n<meta property=\"article:modified_time\" content=\"2020-08-28T07:49:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/investsofia.com\/wp-content\/uploads\/2020\/03\/MedrecSofia-logo-vertical.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"782\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@InvestSofia\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/investsofia.com\/en\/success-stories\/\",\"url\":\"https:\/\/investsofia.com\/en\/success-stories\/\",\"name\":\"Success Stories | Sofia Investment Agency\",\"isPartOf\":{\"@id\":\"https:\/\/investsofia.com\/#website\"},\"datePublished\":\"2016-11-30T13:22:57+00:00\",\"dateModified\":\"2020-08-28T07:49:09+00:00\",\"description\":\"\u00a0SUCCESS STORIES \u201cWhy Sofia?\u201d - many global and local companies, small and big, have the answer. 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