INVESTMENT NEWS
AtScale will invest USD 25 Million in Bulgaria
Between USD 20 million and USD 25 million will be the investment of the American company AtScale in Bulgaria, said Matthew Bird, founder of UpScale and Scott Hauser, Product Manager in front of Bloomberg TV Bulgaria.
The company is a world leader in large data management. Sofia is the first destination in which the California company is entering internationally. The ambition of AtScale is that in the next year its team in Bulgaria will be about 40-50 people.
"There is already an open office in Bulgaria, as well as a number of employees, and the company will continue to invest in the country to create all the necessary conditions for the maintenance of Boston offices and customers globally," says Hauser.
AtScale was created in California in 2013 by veterans from Yahoo!, Google, Netezza, IBM, Microsoft, Salesforce, Cisco and Oracle. Among the management team of the company is Momchil Mihailov - Vice President and General Manager for Europe. Other European countries to which the company is headed are France and the UK, and at a later stage also plans to expand to Asia.
NEWS FROM BCCI
The EU – Japan Economic Partnership Agreement in the focus of a meeting with H.E. Masato Watanabe
Economic benefits for the EU and Bulgaria
MoreBCCI and UNIMPRESA – Italy discuss specific areas for cooperation
For the benefit of SMEs from Bulgaria and Italy
MoreMeeting with a delegation from Qashqadaryo Region, Uzbekistan
Interest for cooperation in the sectors: tourism, industry, agriculture, education, medicine, construction materials
MoreCalendar of Fairs and Exhibitions in Bulgaria 2019 – a source of business information for every company
Information in Bulgarian and English about the fairs, exhibitions and festivals in the country
More
PROGRAMMES & PROJECTS
EUR 1.415 billion is planned for the development of innovation
In 4 priority areas where Bulgaria has the economic, scientific and technical capacity for smart specialization
More
BULGARIAN ECONOMY
Shell transfers to Repsol 20% of oil and gas exploration rights in Han Kubrat Offshore Bulgaria
The Council of Ministers granted permission to the transfer
MoreThe monthly inflation in January was 0.5%
Annual inflation in January 2019 compared to January 2018 was 3.0%
More
INVESTMENT NEWS
AtScale will invest USD 25 Million in Bulgaria
The ambition of the company is that in the next year its team in Bulgaria will be about 40-50 people
MoreIrish giant acquires the corrugated plant in Lukovit
Smurfit Kappa wants to acquire 100 percent of the Bulgarian company Vitalvel AD
More
FINANCE
Bulgarian development bank with a new product to support private farmers
The on-lending program will be implemented through mutual agricultural credit cooperatives
More
