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Bulgaria strives to become tech capital of the Balkans

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The nation’s history as the former Soviet Union’s IT hub has given it a head start    Darin Madzharov, studying for a PhD in computer science in Belgium, was growing impatient with his sister’s calls on Skype seeking help with her Sofia high school science course. So he responded with a stream of video tutorials, ...

Financial Times: Bulgarian city turns around its fortunes

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The country’s ‘wild east’ image has faded since EU accession, encouraging investors to explore impoverished corners On a hot summer evening in Plovdiv, children splash noisily in the fountains of a manicured city park. Young techies gather at Hackafe, an IT learning hub in the city’s historic centre. Bulgaria’s second-largest city, with a population of ...

Plovdiv: an Ancient City Is Uncovering Its Modern-Day Treasure

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Plovdiv, Bulgaria’s second biggest city, has been continuously inhabited since the 6th millennium BC. Now, building on its rich heritage, the city is transforming into an innovative and modern business outsourcing and industrial destination. Emerging Europe speaks to Ivan Totev, Mayor of Plovdiv, about how the city contributed to Bulgaria’s success of becoming the Offshoring Destination of ...

Investments for 50 million EUR are starting near Plovdiv this year. It will be built new factories for auto parts, machinery, electrical equipment, and DB Schenker Logistics will triple its logistics areas in “Trakia Economic Zone”.

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Source: http://www.capital.bg/biznes/kompanii/2016/01/11/2683634_investicii_za_50_mln_evro_zapochvat_krai_plovdiv_tazi/ Several new factories will be built this year in the Plovdiv zone “Trakia”. The total value of the projects is around 50 million euros and they will create 1,500 jobs. The investors are mainly foreign companies from various sectors – production of machinery, electrical equipment, agriculture, etc., but most of the names are not ...