Cargotec Announces €0.5 Million Investment In Bulgaria

Cargotec Bulgaria, a unit of Finland’s Cargotec, is investing 1 million levs ($564,000/511,000 euro) in the expansion of its business services centre in Sofia, the country’s economy ministry said on Thursday.

The investment will create 172 jobs, the ministry said in a statement.

Finland’s Cargotec provides cargo and load handling solutions, operating in more than 100 countries.

Read More

Huawei Releases Its Own Operating System

On Friday, Huawei unveiled its new Linux-based operating system, Harmony OS. The move comes after the Chinese tech giant was placed in May in...

Survey: 62% of Travellers Will Visit Europe Within First Month of Border Reopening

Fear of the COVID-19 and the current rates of infections across the Schengen Area will not hold travellers back, in particular those...

Jeff Bezos Crowned Richest Person In The World Again

Amazon founder Jeff Bezos is once again the richest person in the world, despite his divorce last year which cost him a...

Recent

Flixbus Buys Biggest Bus Carrier In Turkey

Europe's largest bus carrier, Germany's FlixBus, has announced that it has reached an agreement to acquire Turkey's Kamil Koç, a leading long-distance...

Fitch Revises Bulgaria’s Outlook to Stable; Affirms at ‘BBB’

Fitch Ratings has revised the Outlook on Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Stable from Positive and affirmed the rating...

60% Of Bulgarian Tomatoes Are Imported

Bulgaria remains a net importer of peppers, cucumbers and tomatoes due to the country's low production and the lack of indication of...